Minimum Usage. If, as of the last day of any calendar month, the average outstanding principal balance of all Loans during the four (4) calendar month period ending on such day is less than $650,000,000, the Borrowers shall remit to the Agent within one (1) Business Day after receiving notice of such deficiency, the Minimum Usage Fee for such calendar month.
Appears in 3 contracts
Sources: Master Loan and Security Agreement (New Century Financial Corp), Loan Agreement (New Century Financial Corp), Master Loan and Security Agreement (New Century Financial Corp)