Payment of Fees and Premium. (a) LEGAL FEES. On the Closing Date, Arcadia Financial shall pay or cause to be paid legal fees and disbursements incurred by Financial Security in connection with the issuance of the Note Policy up to an amount not to exceed $20,000.00, plus disbursements.
(b) RATING AGENCY FEES. The initial fees of S&P and Moody's with respect to the Notes and the Transaction shall be paid by Arcadia Financial in full on the Closing Date. All periodic and subsequent fees of S&P or Moody's with respect to, and directly allocable to, the Notes shall be for the account of, shall be billed to, and shall be paid by Arcadia Financial. The fees for any other rating agency shall be paid by the party requesting such other agency's rating, unless such other agency is a substitute for S&P or Moody's in the event that S&P or Xxxxx'x is no longer rating the Notes, in which case the cost for such agency shall be paid by Arcadia Financial.
(c) AUDITORS' FEES. In the event that Financial Security's auditors are required to provide information or any consent in connection with the Registration Statement fees therefor shall be paid by Arcadia Financial. Any additional fees incurred by Financial Security after the Closing Date in respect of any additional consents shall be paid by Arcadia Financial on demand.
Payment of Fees and Premium. (a) In consideration of the issuance by the Insurer of the Policy, the Insurer shall be entitled to receive a premium (the “Premium”) in accordance with the terms of the Commitment. The Premium shall be calculated according to paragraph 1 of the Commitment. The Premium paid hereunder shall be nonrefundable without regard to whether the Insurer makes any payment under the Policy or any other circumstances relating to the Insured Certificates or provision being made for payment of the Insured Certificates prior to maturity. The Trustee shall make all payments of Premium to be made by it pursuant to the Trust Agreement by wire transfer to an account designated by the Insurer by written notice to the Trustee.
(b) The Underwriter shall pay the fees of the Insurer’s counsel in connection with the Transaction, Xxxxx’x fees, S&P’s fees and the cost of obtaining the Insurer’s accountant’s consent letter.
Payment of Fees and Premium. (a) [Reserved].
Payment of Fees and Premium. (a) Legal and Accounting Fees. IOS Capital shall pay or cause to be paid, within 5 Business Days of receipt of the related invoice, reasonable legal fees, auditors' fees in connection with the provision of information or any consent in connection with the Offering Document and disbursements incurred by the Insurer in connection with the issuance of the Policies. Any reasonable additional fees of the Insurer's counsel or auditors payable in respect of any amendment or supplement to the Offering Document, or in respect of the issuance of any additional indebtedness by the Issuer, incurred after the Closing Date shall be paid by IOS Capital on demand.
Payment of Fees and Premium. (a) Legal, Accounting and Due Diligence Fees. IndyMac shall pay or cause to be paid to the Insurer, at the Closing Date, legal fees, due diligence expenses and accounting fees incurred by the Insurer in connection with the issuance of the Policy in an amount equal to $31,000.
Payment of Fees and Premium. (a) In consideration of the issuance by the Insurer of the Policy, the Insurer shall be entitled to receive a premium (the "Premium") in accordance with the terms of the Commitment on the Date of Issuance. The MBIA Premium Rate shall be calculated according to paragraph 1 of the Commitment. The Premium paid hereunder shall be nonrefundable without regard to whether the Insurer makes any payment under the Policy or any other circumstances relating to the Insured Certificates or provision being made for payment of the Insured Certificates prior to maturity. The Trustee shall make all payments of Premium in accordance with the Master Servicer's instruction pursuant to Section 4.03 of the Trust Agreement by wire transfer to an account designated by the Insurer by written notice to the Trustee.
(b) The Underwriter shall pay the fees of the Insurer's counsel in connection with the Transaction, Xxxxx'x fees for the shadow rating, S&P's fees and the cost of obtaining the Insurer's accountant's consent letter.
Payment of Fees and Premium. (a) Legal, Accounting and Due Diligence Fees. ABC Inc. shall pay or cause to be paid to the Certificate Insurer, on the Closing Date, the legal, accounting and due diligence fees of the Certificate Insurer, as well as disbursements of counsel to the Certificate Insurer.
Payment of Fees and Premium. 51 Section 3.03.
Payment of Fees and Premium. (a) Legal, Accounting and Due Diligence Fees. EOI shall pay or cause to be paid to the Insurer, at the Closing Date, legal fees, due diligence expenses and accounting fees incurred by the Insurer in connection with the issuance of the Policy in an amount not to exceed $45,000.
Payment of Fees and Premium. (a) In consideration of the issuance by the Insurer of the Policy, the Insurer shall be entitled to receive a premium (the "Premium") in accordance with the terms of the Commitment. The Premium due after the Date of Issuance shall be payable pursuant to the PSA. The Premium shall be calculated according to paragraph 1 of the Commitment. The Premium paid hereunder shall be nonrefundable without regard to whether the Insurer makes any payment under the Policy or any other circumstances relating to the Insured Certificates or provision being made for payment of the Insured Certificates prior to maturity. The Securities Administrator from assets of the Trust shall make all payments of Premium to be made pursuant to the PSA by wire transfer to an account designated by the Insurer by written notice to the Securities Administrator.
(b) The Underwriter shall pay the fees of the Insurer's counsel in connection with the Transaction, Moody's fees, S&P's fees and the cost of obtaining the Ixxxxxx's accountant's consent letter.
