Payment of Initial Premium and Expenses. The Insurer shall have been paid by the Seller the fees and expenses payable on the Closing Date in accordance with Section 3.02;
Appears in 3 contracts
Samples: Insurance and Indemnity Agreement (Indymac Abs Inc), Insurance and Indemnity Agreement (Origen Manufactured Housing Contract Trust Collateralized Notes, Series 2006-A), Insurance and Indemnity Agreement (Origen Residential Securities, Inc.)
Payment of Initial Premium and Expenses. The Insurer shall have been paid by the Seller the fees and expenses payable on the Closing Date described in the Ambac Premium Letter in accordance with Section 3.02;
Appears in 1 contract
Samples: Insurance and Indemnity Agreement (Indymac MBS Inc)