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, that portion of a nonrefundable Premium payable on the Initial Closing and the Issuer shall have reimbursed or paid directly the other fees and expenses identified in Section 3.03 hereof as payable at the Initial Closing.

Payment of Initial Premium and Expenses. The Insurer shall have been paid, by the Issuer, that portion of a nonrefundable Premium payable on the Initial Closing Date and the Issuer shall have reimbursed agree to reimburse or paid pay directly the other fees and expenses identified in Section 3.03 hereof 3.02 as then payable at to or in respect of the Initial ClosingInsurer.

Payment of Initial Premium and Expenses. The Insurer shall have been paid, by the IssuerSeller, that portion of a nonrefundable Premium payable on the Initial Closing Date and the Issuer Seller shall have reimbursed agree to reimburse or paid pay directly the other fees and expenses identified in Section 3.03 hereof 3.02 as payable at payable, and the Initial ClosingInsurer shall have received a fully executed copy of the Commitment.