Common use of Payment of Initial Premium and Expenses Clause in Contracts

Payment of Initial Premium and Expenses. The Insurer shall have been paid by the Issuer, the Master Servicer, the Seller and the Depositor, that portion of a nonrefundable Premium payable on the Date of Issuance, and the Master Servicer shall agree to reimburse or pay directly other fees and expenses identified in Section 3.02 hereof as payable.

Appears in 2 contracts

Samples: Insurance Agreement (Keycorp Student Loan Trust 2003-A), Insurance Agreement (Keycorp Student Loan Trust 2001-A)

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Payment of Initial Premium and Expenses. The Insurer shall have been paid paid, by the Issuer, the Master Servicer, the Seller and the Depositor, that portion of a nonrefundable Premium payable on the Date of Issuance, if any, and the Master Servicer shall agree to reimburse or pay directly other fees and expenses identified in Section 3.02 hereof as payable.

Appears in 2 contracts

Samples: Insurance Agreement (Santander Drive Auto Receivables Trust 2007-3), Insurance Agreement (Santander Drive Auto Receivables Trust 2007-1)

Payment of Initial Premium and Expenses. The Insurer shall have been paid paid, by the Issuer, the Master Servicer, the Seller and the Depositor, that portion of a nonrefundable Premium payable on the Date of Issuance, and the Master Servicer shall agree to reimburse or pay directly other fees and expenses identified in Section 3.02 hereof as payable.

Appears in 2 contracts

Samples: Insurance Agreement (Keycorp Student Loan Trust 2000-B), Insurance Agreement (Keycorp Student Loan Trust 2000-A)

Payment of Initial Premium and Expenses. The Insurer shall have been paid paid, by the Issuer, the Master Servicer, the Seller Seller, the Originator and the DepositorIssuer, that portion of a nonrefundable Premium payable on the Date of Issuance, and the Master Servicer shall agree to reimburse or pay directly other fees and expenses identified in Section 3.02 hereof as payable.

Appears in 1 contract

Samples: Insurance Agreement (Prudential Securities Secured Financing Corp)

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Payment of Initial Premium and Expenses. The Insurer shall have been paid by the Depositor, the Indenture Trustee, the Issuer, the Master Servicer, the Seller Servicer and the DepositorSeller, that portion of a nonrefundable Premium payable on the Date of Issuance, and the Depositor, the Issuer, the Master Servicer and the Seller shall agree to reimburse or pay directly other fees and expenses identified in Section 3.02 hereof as payable.

Appears in 1 contract

Samples: Insurance Agreement (Keycorp Student Loan Trust 2002-A)

Payment of Initial Premium and Expenses. The Insurer shall have been paid paid, by the Issuer, the Master Servicer, the Seller and the DepositorSeller, that portion of a nonrefundable Premium payable on the Date of Issuance, Issuance and the Master Servicer Seller shall agree to reimburse or pay directly other fees and expenses identified in Section 3.02 hereof as payable.

Appears in 1 contract

Samples: Insurance Agreement (Ace Securities Corp Home Loan Trust 1999 a Asset Backed Note)

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