Program Costs. a. Seller shall pay the fees and expenses of Buyer’s counsel in connection with the original preparation and execution of the Program Agreements. Seller shall reimburse Buyer for any of Buyer’s reasonable out-of-pocket costs, including due diligence review costs and reasonable attorney’s fees incurred by Buyer in determining the acceptability to Buyer of any Mortgage Loans. Seller shall also pay, or reimburse Buyer if Buyer shall pay, any termination fee, which may be due any servicer. Legal fees for any subsequent amendments to this Agreement or related documents shall be borne by Seller. Seller shall pay ongoing custodial fees and expenses as set forth in each Custodial Agreement, and any other ongoing fees and expenses under any other Program Agreement.
Appears in 2 contracts
Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust), Master Repurchase Agreement (PennyMac Mortgage Investment Trust)
Program Costs. a. Seller shall pay the fees and expenses of Buyer’s counsel in connection with the original preparation and execution of the Program Agreements. Seller Sellers shall reimburse Buyer for any of Buyer’s reasonable out-of-pocket costs, including reasonable (under the circumstances) due diligence review costs and reasonable attorney’s fees fees, incurred by Buyer in determining the acceptability to Buyer of any Mortgage Loans. Seller Sellers shall also pay, or reimburse Buyer if Buyer shall pay, any termination fee, which may be due any servicerServicer. Sellers shall pay the fees and expenses of Buyer’s counsel in connection with the Program Agreements. Legal fees for any subsequent amendments to this Agreement or related documents shall be borne by SellerSellers. Seller Sellers shall pay ongoing custodial and bank fees and expenses as set forth in each Custodial Agreementon Exhibit L hereto, and any other ongoing fees and expenses under any other Program AgreementDocument.
Appears in 1 contract
Program Costs. a. Seller shall pay the fees and expenses of Buyer’s counsel in connection with the original preparation and execution of the Program Agreements. Seller The Sellers shall reimburse Buyer for any of Buyer’s 's reasonable out-of-pocket costs, including due diligence review costs and reasonable attorney’s fees 's fees, incurred by Buyer in determining the acceptability to Buyer of any Mortgage Loans. Seller The Sellers shall also pay, or reimburse Buyer if Buyer shall pay, any termination fee, which may be due any servicer. The Sellers shall pay the fees and expenses of Buyer's counsel in connection with the Program Agreements. Legal fees for any subsequent amendments to this Agreement or related documents shall be borne by Sellerthe Sellers. Seller The Sellers shall pay ongoing custodial and bank fees and expenses as set forth in each Custodial Agreementon Exhibit M hereto, and any other ongoing fees and expenses under any other Program AgreementDocument.
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Samples: Master Repurchase Agreement (First NLC Financial Services Inc)
Program Costs. a. Seller shall pay the fees and expenses of Buyer’s counsel in connection with the original preparation and execution of the Program Agreements. Seller shall reimburse Buyer for any of Buyer’s reasonable out-of-pocket costs, including due diligence review costs and reasonable attorney’s fees incurred by Buyer in determining the acceptability to Buyer of any Mortgage Loans. Seller shall also pay, or reimburse Buyer if Buyer shall pay, any termination fee, which may be due any servicer. Legal fees for any subsequent amendments to this Agreement or related documents shall be borne by Seller. Seller shall pay ongoing custodial fees and expenses as set forth in each the Custodial Agreement, and any other ongoing fees and expenses under any other Program Agreement.
Appears in 1 contract
Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)
Program Costs. a. Seller Sellers shall pay the fees and expenses of Buyer’s counsel in connection with the original preparation and execution of the Program Agreements. Seller Sellers shall reimburse Buyer for any of Buyer’s reasonable out-of-pocket costs, including due diligence review costs and reasonable attorney’s fees incurred by Buyer in determining the acceptability to Buyer of any Mortgage Loans. Seller Sellers shall also pay, or reimburse Buyer if Buyer shall pay, any termination fee, which may be due any servicer. Legal fees for any subsequent amendments to this Agreement or related documents shall be borne by SellerSellers. Seller Sellers shall pay ongoing custodial fees and expenses as set forth in each the Custodial Agreement, and any other ongoing fees and expenses under any other Program Agreement.
Appears in 1 contract
Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)
Program Costs. a. Seller shall pay the fees and expenses of Buyer’s counsel in connection with the original preparation and execution of the Program Agreements. Seller The Sellers shall reimburse Buyer for any of Buyer’s reasonable out-of-pocket costs, including due diligence review costs and reasonable attorney’s fees fees, incurred by Buyer in determining the acceptability to Buyer of any Mortgage Loans. Seller The Sellers shall also pay, or reimburse Buyer if Buyer shall pay, any termination fee, which may be due any servicer. The Sellers shall pay the fees and expenses of Buyer’s counsel in connection with the Program Agreements. Legal fees for any subsequent amendments to this Agreement or related documents shall be borne by Sellerthe Sellers. Seller The Sellers shall pay ongoing custodial and bank fees and expenses as set forth in each Custodial Agreementon Exhibit L hereto, and any other ongoing fees and expenses under any other Program AgreementDocument.
Appears in 1 contract
Samples: Master Repurchase Agreement (New Century Financial Corp)