Common use of Return of Purchase Price Clause in Contracts

Return of Purchase Price. If a Wet-Ink Mortgage Loan subject to a Transaction is not closed on the same day on which the Purchase Price was funded, the applicable Seller shall promptly return, or cause to be immediately returned (but in any event within one (1) Business Day of any Seller's or Guarantor’s knowledge or receipt of notice of such non-closure) the Purchase Price with respect to such Wet-Ink Mortgage Loan by wire transfer of immediately available funds in accordance with Buyer's wire instructions set forth on Exhibit E. Further, Seller shall pay Buyer all fees and expenses incurred by Buyer in connection with the funding of the Purchase Price for such Wet-Ink Mortgage Loan and, from the date of such funding up to but excluding the date such Purchase Price is returned to Buyer, Seller shall also pay Buyer any Price Differential accrued on such Purchase Price promptly upon notification from Buyer; provided, however, that Price Differential shall continue to accrue until the Purchase Price is returned to Buyer and that Buyer shall provide Seller a monthly invoice for Price Differential, which shall be due and payable on the Payment Date.

Return of Purchase Price. If a Wet-Ink Wet Mortgage Loan subject to a Transaction is not closed on within two (2) Business Days of the same day on which the Purchase Price was funded, the applicable Seller shall promptly return, or cause to be immediately returned (but in any event within one (1) Business Day of any Seller's or Guarantor’s knowledge or receipt of notice of such non-closure) the Purchase Price with respect to such Wet-Ink Wet Mortgage Loan by wire transfer of immediately available funds to the Funding Deposit Account or in accordance with Buyer's ’s wire instructions set forth on Exhibit E. G. Further, Seller shall pay Buyer all fees and expenses incurred by Buyer in connection with the funding of the Purchase Price for such Wet-Ink Wet Mortgage Loan and, from the date of such funding up to but excluding the date such Purchase Price is returned to Buyer, Seller shall also pay Buyer any Price Differential accrued on such Purchase Price promptly upon notification from Buyer; provided, however, that Price Differential shall continue to accrue until the Purchase Price is returned to Buyer and that Buyer shall provide Seller a monthly invoice for Price Differential, which shall be due and payable on the Payment DateBuyer.

Return of Purchase Price. If a Wet-Ink Wet Mortgage Loan subject to a Transaction is not closed on the same day on which the Purchase Price was funded, the applicable Seller shall promptly return, or cause to be immediately returned (but in any event within one (1) Business Day of any Seller's ’s or Guarantor’s knowledge or receipt of notice of such non-closure) the Purchase Price with respect to such Wet-Ink Wet Mortgage Loan by wire transfer of immediately available funds to the Funding Deposit Account in accordance with Buyer's ’s wire instructions set forth on Exhibit E. F. Further, Seller shall pay Buyer all fees and expenses incurred by Buyer in connection with the funding of the Purchase Price for such Wet-Ink Wet Mortgage Loan and, from the date of such funding up to but excluding the date such Purchase Price is returned to Buyer, Seller shall also pay Buyer any Price Differential accrued on such Purchase Price promptly upon notification from Buyer; provided, however, that Price Differential shall continue to accrue until the Purchase Price is returned to Buyer and that Buyer shall provide Seller a monthly invoice for Price Differential, which shall be due and payable on the Payment DateBuyer.

Return of Purchase Price. If a Wet-Ink Wet Mortgage Loan subject to a Transaction is not closed on the same day on which the Purchase Price was funded, the applicable Seller shall promptly return, or cause to be immediately returned (but in any event within one (1) Business Day [***] of any Seller's ’s or Guarantor’s knowledge or receipt of notice of such non-closure) the Purchase Price with respect to such Wet-Ink Wet Mortgage Loan by wire transfer of immediately available funds to the Funding Deposit Account in accordance with Buyer's ’s wire instructions set forth on Exhibit E. F. Further, Seller shall pay Buyer all out of pocket fees and reasonable expenses actually incurred by Buyer in connection with the funding of the Purchase Price for such Wet-Ink Wet Mortgage Loan and, from the date of such funding up to but excluding the date such Purchase Price is returned to Buyer, Seller shall also pay Buyer any Price Differential accrued on such Purchase Price promptly upon notification from Buyer; provided, however, that Price Differential shall continue to accrue until the Purchase Price is returned to Buyer and that Buyer shall provide Seller a monthly invoice for Price Differential, which shall be due and payable on the Payment DateBuyer.