Purchase Proceeds. Subject to the conditions set forth in Section 2.07 hereof, and in consideration for the Mortgage Loan Package to be purchased by the Purchaser on the related Closing Date, the Purchaser shall pay to Countrywide on such Closing Date the Purchase Proceeds by wire transfer of immediately available funds to the account designated by Countrywide on or before the Funding Deadline..
Appears in 2 contracts
Sources: Assignment, Assumption and Recognition Agreement (HSI Asset Loan Obligation Trust 2007-Ar1), Assignment, Assumption and Recognition Agreement (HSI Asset Loan Obligation Trust 2006-2)