MINIMUM PLACEMENT FEE definition
MINIMUM PLACEMENT FEE means, for the Term, the product of (i) 0.40% and (ii) $300,000,000 (representing the minimum amount of investment grade notes to be placed by the Note Purchaser or any of its Affiliates on behalf of CPS and its Affiliates prior to the Minimum Placement Fee Payment Date), as such amount may reduced by amounts paid in respect of the Minimum Placement Fee pursuant to Section 3.01(d) of the Note Purchase Agreement, Section 5.8(a)(v) of the Sale and Servicing Agreement and Section 10.1 of the Indenture.