Common use of Payment of Purchase Price for the Mortgage Loans Clause in Contracts

Payment of Purchase Price for the Mortgage Loans. In consideration of the sale of the Mortgage Loans from the Seller to the Purchaser on the Closing Date, the Purchaser agrees to pay to the Seller on the Closing Date (the “Purchase Price”) by transfer of (i) immediately available funds in an amount equal to the net sale proceeds of the Adjustable-Rate Certificates and the Residual Certificates, (ii) the Class C Certificates and the Class P Certificates (collectively the “Retained Certificates”) which Retained Certificates shall be registered in the name of Greenwich Capital Financial Products, Inc. or its designee and (iii) any investment income earned on amounts on deposit in the Pre-Funding Accounts. The Seller shall pay, and be billed directly for, all expenses incurred by the Purchaser in connection with the issuance of the Certificates, including, without limitation, printing fees incurred in connection with the prospectus relating to the Certificates, blue sky registration fees and expenses, fees and expenses of Purchaser’s counsel, fees of the rating agencies requested to rate the Certificates, accountant’s fees and expenses and the fees and expenses of the Trustee and other out-of-pocket costs, if any.

Payment of Purchase Price for the Mortgage Loans. In consideration of the sale of the Mortgage Loans from the Seller to the Purchaser on the Closing Date, the Purchaser agrees to pay to the Seller on the Closing Date (the “"Purchase Price”") by transfer of (i) immediately available funds in an amount equal to the net sale proceeds of the Adjustable-Rate Class A Certificates and the Residual Certificates, Mezzanine Certificates and (ii) the Class C Certificates, the Class P Certificates, the Class R Certificates and the Class P Certificates Dividend Account Certificate (collectively the “"Retained Certificates”") which Retained Certificates shall be registered in the name of Greenwich Capital Financial Products, Inc. or its designee and (iii) any investment income earned on amounts on deposit in the Pre-Funding Accountsdesignee. The Seller shall pay, and be billed directly for, all expenses incurred by the Purchaser in connection with the issuance of the Certificates, including, without limitation, printing fees incurred in connection with the prospectus relating to the Certificates, blue sky registration fees and expenses, fees and expenses of Purchaser’s 's counsel, fees of the rating agencies requested to rate the Certificates, accountant’s 's fees and expenses and the fees and expenses of the Trustee and other out-of-pocket costs, if any.

Payment of Purchase Price for the Mortgage Loans. In consideration of the sale of the Mortgage Loans from the Seller to the Purchaser on the Closing Date, the Purchaser agrees to pay to the Seller on the Closing Date (the “"Purchase Price”") by transfer of (i) immediately available funds in an amount equal to the net sale proceeds of the Adjustable-Rate Certificates and the Residual Certificates, (ii) the Class C Certificates and the Class P Certificates (collectively the “"Retained Certificates”") which Retained Certificates shall be registered in the name of Greenwich Capital Financial Products, Inc. or its designee and (iii) any investment income earned on amounts on deposit in the Pre-Funding Accounts. The Seller shall pay, and be billed directly for, all expenses incurred by the Purchaser in connection with the issuance of the Certificates, including, without limitation, printing fees incurred in connection with the prospectus relating to the Certificates, blue sky registration fees and expenses, fees and expenses of Purchaser’s 's counsel, fees of the rating agencies requested to rate the Certificates, accountant’s 's fees and expenses and the fees and expenses of the Trustee and other out-of-pocket costs, if any.

Payment of Purchase Price for the Mortgage Loans. In consideration of the sale of the Mortgage Loans from the Seller to the Purchaser on the Closing Date, the Purchaser agrees to pay to the Seller on the Closing Date (the “"Purchase Price”") by transfer of (i) immediately available funds in an amount equal to the net sale proceeds of the Adjustable-Rate Class A Certificates, the Mezzanine Certificates and the Residual Certificates, Class R Certificates and (ii) the Class C Certificates and Certificates, the Class P Certificates and the Dividend Account Certificate (collectively the “"Retained Certificates”") which Retained Certificates shall be registered in the name of Greenwich Capital Financial Products, Inc. or its designee and (iii) any investment income earned on amounts on deposit in the Pre-Funding Accountsdesignee. The Seller shall pay, and be billed directly for, all expenses incurred by the Purchaser in connection with the issuance of the Certificates, including, without limitation, printing fees incurred in connection with the prospectus relating to the Certificates, blue sky registration fees and expenses, fees and expenses of Purchaser’s 's counsel, fees of the rating agencies requested to rate the Certificates, accountant’s 's fees and expenses and the fees and expenses of the Trustee and other out-of-pocket costs, if any.

Payment of Purchase Price for the Mortgage Loans. In consideration of the sale of the Mortgage Loans from the Seller to the Purchaser on the Closing Date, the Purchaser agrees to pay to the Seller on the Closing Date (the “"Purchase Price”") by transfer of (i) immediately available funds in an amount equal to the net sale proceeds of the Adjustable-Rate Class A Certificates, the Mezzanine Certificates, the Class R Certificates and the Residual Certificates, Class B Certificates and (ii) the Class C Certificates and Certificates, the Class P Certificates (collectively the “"Retained Certificates”") which Retained Certificates shall be registered in the name of Greenwich Capital Financial Products, Inc. or its designee and (iii) any investment income earned on amounts on deposit in the Pre-Funding Accountsdesignee. The Seller shall pay, and be billed directly for, all expenses incurred by the Purchaser in connection with the issuance of the Certificates, including, without limitation, printing fees incurred in connection with the prospectus relating to the Certificates, blue sky registration fees and expenses, fees and expenses of Purchaser’s 's counsel, fees of the rating agencies requested to rate the Certificates, accountant’s 's fees and expenses and the fees and expenses of the Trustee and other out-of-pocket costs, if any.

Payment of Purchase Price for the Mortgage Loans. In consideration of the sale of the Mortgage Loans from the Seller to the Purchaser on the Closing Date, the Purchaser agrees to pay to the Seller on the Closing Date (the “"Purchase Price”") by transfer of (i) immediately available funds in an amount equal to the net sale proceeds of the Adjustable-Rate Class A Certificates, the Class M-1 Certificates, the Class M-2 Certificates, the Class M-3 Certificates and the Residual Certificates, Class S Certificates and (ii) the Class C Certificates, the Class P Certificates and the Class P R Certificates (collectively the “Retained "Option One Certificates”") which Retained Option One Certificates shall be registered in the name of Greenwich Capital Financial Products, Inc. or its designee and (iii) any investment income earned on amounts on deposit in the Pre-Funding Accounts. Option One Mortgage Securities Corp. The Seller Originator shall pay, and be billed directly for, all expenses incurred by the Purchaser in connection with the issuance of the Certificates, including, without limitation, printing fees incurred in connection with the prospectus relating to the Certificates, blue sky registration fees and expenses, fees and expenses of Purchaser’s 's counsel, fees of the rating agencies requested to rate the Certificates, accountant’s 's fees and expenses and the fees and expenses of the Trustee and other out-of-pocket costs, if any.

Payment of Purchase Price for the Mortgage Loans. In consideration of the sale of the Mortgage Loans from the Seller to the Purchaser on the Closing Date, the Purchaser agrees to pay to the Seller on the Closing Date (the “"Purchase Price”") by transfer of (i) immediately available funds in an amount equal to the net sale proceeds of the Adjustable-Rate Class A Certificates, the Mezzanine Certificates, the Residual Certificates and the Residual Certificates, Class B Certificates and (ii) the Class C Certificates and Certificates, the Class P Certificates (collectively the “"Retained Certificates”") which Retained Certificates shall be registered in the name of Greenwich Capital Financial Products, Inc. or its designee and (iii) any investment income earned on amounts on deposit in the Pre-Funding Accountsdesignee. The Seller shall pay, and be billed directly for, all expenses incurred by the Purchaser in connection with the issuance of the Certificates, including, without limitation, printing fees incurred in connection with the prospectus relating to the Certificates, blue sky registration fees and expenses, fees and expenses of Purchaser’s 's counsel, fees of the rating agencies requested to rate the Certificates, accountant’s 's fees and expenses and the fees and expenses of the Trustee and other out-of-pocket costs, if any.

Payment of Purchase Price for the Mortgage Loans. In consideration of the sale of the Mortgage Loans from the Seller to the Purchaser on the Closing Date, the Purchaser agrees to pay to the Seller on the Closing Date (the “"Purchase Price”") by transfer of (i) immediately available funds in an amount equal to the net sale proceeds of the Adjustable-Rate Class A Certificates, the Class M-1 Certificates and the Residual Certificates, Class M-2 Certificates and (ii) the Class C Certificates, the Class P Certificates, the Class R Certificates and the Class P Certificates Dividend Account Certificate (collectively the “Retained "Option One Certificates”") which Retained Option One Certificates shall be registered in the name of Greenwich Capital Financial Products, Inc. Option One Mortgage Securities Corp. or its designee and (iii) any investment income earned on amounts on deposit in the Pre-Funding Accountsdesignee. The Seller Option One shall pay, and be billed directly for, all expenses incurred by the Purchaser in connection with the issuance of the Certificates, including, without limitation, printing fees incurred in connection with the prospectus relating to the Certificates, blue sky registration fees and expenses, fees and expenses of Purchaser’s 's counsel, fees of the rating agencies requested to rate the Certificates, accountant’s 's fees and expenses and the fees and expenses of the Trustee and other out-of-pocket costs, if any.

Payment of Purchase Price for the Mortgage Loans. In consideration of the sale of the Mortgage Loans from the Seller to the Purchaser on the Closing Date, the Purchaser agrees to pay to the Seller on the Closing Date (the “"Purchase Price”") by transfer of (i) immediately available funds in an amount equal to the net sale proceeds of the Adjustable-Rate Class A Certificates, the Mezzanine Certificates, the Class R Certificates and the Residual Certificates, Class B-1 Certificates and (ii) the Class C Certificates and Certificates, the Class P Certificates and the Dividend Account Certificate (collectively the “"Retained Certificates”") which Retained Certificates shall be registered in the name of Greenwich Capital Financial Products, Inc. or its designee and (iii) any investment income earned on amounts on deposit in the Pre-Funding Accountsdesignee. The Seller shall pay, and be billed directly for, all expenses incurred by the Purchaser in connection with the issuance of the Certificates, including, without limitation, printing fees incurred in connection with the prospectus relating to the Certificates, blue sky registration fees and expenses, fees and expenses of Purchaser’s 's counsel, fees of the rating agencies requested to rate the Certificates, accountant’s 's fees and expenses and the fees and expenses of the Trustee and other out-of-pocket costs, if any.

Payment of Purchase Price for the Mortgage Loans. In consideration of the sale of the Mortgage Loans originated by Mortgage Lenders Network USA from the Seller to the Purchaser on the Closing Date, the Purchaser agrees to pay to the Seller on the Closing Date (the “Purchase Price”) by transfer of (i) immediately available funds in an amount equal to a portion of the net sale proceeds of the Adjustable-Floating Rate Certificates and the Residual Certificates, Certificates and (ii) a certain percentage of the Class C Certificates, the Class P Certificates and the Class P FL Certificates (collectively the “Retained Certificates”) which Retained Certificates shall be registered in the name of Greenwich Capital Financial Products, Inc. or its designee and (iii) any investment income earned on amounts on deposit in the Pre-Funding Accountsdesignee. The Seller shall pay, and be billed directly for, all expenses incurred by the Purchaser in connection with the issuance of the Certificates, including, without limitation, printing fees incurred in connection with the prospectus relating to the Certificates, blue sky registration fees and expenses, fees and expenses of Purchaser’s counsel, fees of the rating agencies requested to rate the Certificates, accountant’s fees and expenses and the fees and expenses of the Trustee and other out-of-pocket costs, if any.

Payment of Purchase Price for the Mortgage Loans. In consideration of the sale of the Mortgage Loans from the Seller to the Purchaser on the Closing Date, the Purchaser agrees to pay to the Seller on the Closing Date (the “"Purchase Price”") by transfer of (i) immediately available funds in an amount equal to the net sale proceeds of the Adjustable-Rate Class A Certificates, the Mezzanine Certificates, the Class Residual Certificates and the Residual Certificates, Class B Certificates and (ii) the Class C Certificates and Certificates, the Class P Certificates (collectively the “"Retained Certificates”") which Retained Certificates shall be registered in the name of Greenwich Capital Financial Products, Inc. or its designee and (iii) any investment income earned on amounts on deposit in the Pre-Funding Accountsdesignee. The Seller shall pay, and be billed directly for, all expenses incurred by the Purchaser in connection with the issuance of the Certificates, including, without limitation, printing fees incurred in connection with the prospectus relating to the Certificates, blue sky registration fees and expenses, fees and expenses of Purchaser’s 's counsel, fees of the rating agencies requested to rate the Certificates, accountant’s 's fees and expenses and the fees and expenses of the Trustee and other out-of-pocket costs, if any.

Payment of Purchase Price for the Mortgage Loans. In consideration of the sale of the Mortgage Loans from the Seller to the Purchaser on the Closing Date, the Purchaser agrees to pay to the Seller on the Closing Date (the “Purchase Price”) by transfer of (i) immediately available funds in an amount equal to the net sale proceeds of the Adjustable-Floating Rate Certificates and the Residual Certificates, (ii) the Class C Certificates and the Class P Certificates (collectively the “Retained Certificates”) which Retained Certificates shall be registered in the name of Greenwich Capital Financial Products, Inc. or its designee and (iii) any investment income earned on amounts on deposit in the Pre-Funding Accounts. The Seller shall pay, and be billed directly for, all expenses incurred by the Purchaser in connection with the issuance of the Certificates, including, without limitation, printing fees incurred in connection with the prospectus relating to the Certificates, blue sky registration fees and expenses, fees and expenses of Purchaser’s counsel, fees of the rating agencies requested to rate the Certificates, accountant’s fees and expenses and the fees and expenses of the Trustee and other out-of-pocket costs, if any.

Payment of Purchase Price for the Mortgage Loans. In consideration of the sale of the Mortgage Loans from the Seller to the Purchaser on the Closing Date, the Purchaser agrees to pay to the Seller on the Closing Date (the “"Purchase Price”") by transfer of (i) immediately available funds in an amount equal to the net sale proceeds of the Adjustable-Rate Class A Certificates, the Mezzanine Certificates, the Class R Certificates and the Residual Certificates, Class B Certificates and (ii) the Class C Certificates and Certificates, the Class P Certificates and the Dividend Account Certificate (collectively the “"Retained Certificates”") which Retained Certificates shall be registered in the name of Greenwich Capital Financial Products, Inc. or its designee and (iii) any investment income earned on amounts on deposit in the Pre-Funding Accountsdesignee. The Seller shall pay, and be billed directly for, all expenses incurred by the Purchaser in connection with the issuance of the Certificates, including, without limitation, printing fees incurred in connection with the prospectus relating to the Certificates, blue sky registration fees and expenses, fees and expenses of Purchaser’s 's counsel, fees of the rating agencies requested to rate the Certificates, accountant’s 's fees and expenses and the fees and expenses of the Trustee and other out-of-pocket costs, if any.

Payment of Purchase Price for the Mortgage Loans. In consideration of the sale of the Mortgage Loans originated by Mortgage Lenders Network USA from the Seller to the Purchaser on the Closing Date, the Purchaser agrees to pay to the Seller on the Closing Date (the “Purchase Price”) by transfer of (i) immediately available funds in an amount equal to a portion of the net sale proceeds of the Adjustable-Floating Rate Certificates and the Residual Certificates, Certificates and (ii) a certain percentage of the Class C Certificates and the Class P Certificates (collectively the “Retained Certificates”) which Retained Certificates shall be registered in the name of Greenwich Capital Financial Products, Inc. or its designee and (iii) any investment income earned on amounts on deposit in the Pre-Funding Accountsdesignee. The Seller shall pay, and be billed directly for, all expenses incurred by the Purchaser in connection with the issuance of the Certificates, including, without limitation, printing fees incurred in connection with the prospectus relating to the Certificates, blue sky registration fees and expenses, fees and expenses of Purchaser’s counsel, fees of the rating agencies requested to rate the Certificates, accountant’s fees and expenses and the fees and expenses of the Trustee and other out-of-pocket costs, if any.