Common use of Payment of Fees and Premium Clause in Contracts

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) 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 Moody’s fees, S&P’s fees and the cost of obtaining the Insurer’s accountant’s consent letter.

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 's counsel in connection with the Transaction, Xxxxx’x Xxxxx'x fees, S&P’s 's fees and the cost of obtaining the Insurer’s 's accountant’s 's consent letter.

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 's counsel in connection with the Transaction, Xxxxx’x feesMoody's fees for the shadow rating, S&P’s 's fees and the cost of obtaining coxx xx xbtaining the Insurer’s 's accountant’s 's consent letter.

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 's counsel in connection with the Transaction, Xxxxx’x feesXxxxx'x fees for the shadow rating, S&P’s 's fees and the cost of obtaining the Insurer’s 's accountant’s 's consent letter.