Qualified Expenses

Qualified Expenses. Shall mean all direct expenditures, including expenditures paid to the Originator, incurred in good faith by HTMI or any of its affiliates in connection with ordinary and routine servicing and origination of Bank Products on behalf of Customers and the performance of HTMI's obligations hereunder, including (without limitation), salaries, employee benefits, cost of funds, depreciation, equipment rent, equipment maintenance, space rent, facilities maintenance, credit reports, legal forms... and supplies, printing and distributing check stock, legal expenses (other than those incurred in connection with litigation of any kind or in connection with a joint effort with Jackson Hewitt to address state regulatory or legislative issues), telephone and telegraph, postage, delivery charges, travel, purchased services and systems, professional consulting, external staff training and other personnel-related expenses, advertising, sales promotion, including a loan offer solicitation, collection, systems, systems development, check clearing, cash management, software purchase, licensing or development and data processing expenses. View More