Servicing and Origination Costs. Seller shall be solely responsible for and shall pay all costs due to any third party from Seller (including, without limitation, amounts due to Servicer) with respect to origination of the Loans and with respect to servicing of the Loans incurred for services performed prior to the Purchase Date. Purchaser shall be solely responsible for and shall pay all costs due to any third party from Purchaser (including, without limitation, amounts due to Servicer) with respect to servicing of the Loans incurred upon or after the purchase of the Loans hereunder.
Appears in 3 contracts
Samples: Loan Purchase and Sale Agreement, Loan Purchase and Sale Agreement (First Marblehead Corp), Loan Purchase and Sale Agreement (First Marblehead Corp)
