High Month definition
High Month. Any month(s) where, prior to the start of such month(s), Seller notifies Purchaser in writing that such month will be considered a "High Month". "Initial Fee" - the Initial Fee Percent multiplied by the original Face Amount of each Purchased Amount multiplied by the lesser of (i) the number of days the Purchased Amount remains unpaid; or (ii) thirty (30) days. "Initial Fee Percent - Low Month" - .0584% per calendar day. "Initial Fee Percent - High Month" - .050% per calendar day.