Common use of Volume Increases Clause in Contracts

Volume Increases. Unless this Agreement is terminated by Client under subsection 10.1(b) or 10.1(d), in the event Clients monthly statement volume increases by more than ten thousand (10,000) or the number of monthly Merchant transactions increases by more than fifty thousand (50,000) at any time during the period between the occurrence of the Termination Date (or, in the case of a termination under subsection 10.1(a), after Client gives CMC the advance notice referred to in subsection 10.1(a)) and the final Deconversion, Client shall reimburse CMC for any reasonably incurred equipment, training, personnel or other expenses necessitated by Clients increase in volume.

Appears in 2 contracts

Sources: Services Agreement (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2006-H2), Services Agreement (IndyMac Home Equity Mortgage Loan Asset-Backed Trust, Series 2006-H4)