Common use of Program Costs Clause in Contracts

Program Costs. a. 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. Seller shall pay the reasonable 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 Seller. Seller shall pay ongoing custodial fees and expenses as set forth in the Custodial Agreement, and any other ongoing fees and expenses in accordance with the terms of the Program Agreements.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Impac Mortgage Holdings Inc), Master Repurchase Agreement (Impac Mortgage Holdings Inc)

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Program Costs. a. Seller shall reimburse Buyer for any of Buyer’s 's reasonable out-of-pocket costs, including due diligence review costs and reasonable attorney’s '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 Servicerservicer. Seller shall pay the reasonable fees and expenses of Buyer’s 's counsel in connection with the Program Agreements. Legal fees for any subsequent amendments to this Agreement or related documents shall be borne by Seller. Seller shall pay ongoing custodial and bank fees and expenses as set forth in the Custodial Agreementon Exhibit N hereto, and any other ongoing fees and expenses in accordance with the terms of the under any other Program AgreementsDocument.

Appears in 2 contracts

Samples: United Financial Mortgage Corp, New York Mortgage Trust Inc

Program Costs. a. Seller shall reimburse Buyer for any of Buyer’s 's reasonable out-of-pocket costs, including due diligence review costs and reasonable attorney’s '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 Servicerservicer. Seller shall pay the reasonable fees and expenses of Buyer’s 's counsel in connection with the Program Agreements. Legal fees for any subsequent amendments to this Agreement or related documents shall be borne by Seller. Seller shall pay ongoing custodial and bank fees and expenses as set forth in the Custodial Agreementon Exhibit L hereto, and any other ongoing fees and expenses in accordance with the terms of the under any other Program AgreementsDocument.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Staten Island Bancorp Inc), Master Repurchase Agreement (Staten Island Bancorp Inc)

Program Costs. a. 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 LoansEligible Assets. Seller Sellers shall also pay, or reimburse Buyer if Buyer shall pay, any termination fee, which may be due any Servicerservicer. Seller Sellers shall pay the reasonable 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 the Custodial Agreement, and any other ongoing fees and expenses in accordance with the terms of the under any other Program AgreementsAgreement.

Appears in 1 contract

Samples: Master Repurchase Agreement (Arbor Realty Trust Inc)

Program Costs. a. 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. Seller shall pay the reasonable 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 Seller. Seller shall pay ongoing custodial fees and expenses as set forth in the Custodial Agreement, and any other ongoing fees and expenses in accordance with the terms of the under any other Program AgreementsAgreement.

Appears in 1 contract

Samples: Master Repurchase Agreement (Tree.com, Inc.)

Program Costs. a. Seller Sellers shall reimburse Buyer for any of Buyer’s 's reasonable out-of-pocket costs, including due diligence review costs and reasonable attorney’s '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 Servicerservicer. Seller Sellers shall pay the reasonable fees and expenses of Buyer’s '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 the Custodial Agreementon Exhibit L hereto, and any other ongoing fees and expenses in accordance with the terms of the under any other Program AgreementsDocument.

Appears in 1 contract

Samples: Master Repurchase Agreement (MortgageIT Holdings, Inc.)

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Program Costs. a. 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 Servicerservicer. Seller shall pay the reasonable 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 Seller. Seller shall pay ongoing custodial and bank fees and expenses as set forth in the Custodial Agreementon Exhibit K hereto, and any other ongoing fees and expenses in accordance with the terms of the under any other Program AgreementsDocument.

Appears in 1 contract

Samples: Master Repurchase Agreement (Homebanc Corp)

Program Costs. a. Seller shall reimburse Buyer for any of Buyer’s 's reasonable out-of-pocket costs, including due diligence review costs and reasonable attorney’s '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 Servicerservicer. Seller shall pay the reasonable fees and expenses of Buyer’s 's counsel in connection with the Program Agreements. Legal fees for any subsequent amendments to this Agreement or related documents shall be borne by Seller. Seller shall pay ongoing custodial and bank fees and expenses as set forth in the Custodial Agreementon Exhibit M hereto, and any other ongoing fees and expenses in accordance with the terms of the under any other Program AgreementsDocument.

Appears in 1 contract

Samples: Master Repurchase Agreement (Standard Pacific Corp /De/)

Program Costs. a. Seller Sellers shall reimburse Buyer for any of Buyer’s 's reasonable out-of-pocket costs, including due diligence review costs and reasonable attorney’s '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 Servicerservicer. Seller Sellers shall pay the reasonable fees and expenses of Buyer’s '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 the Custodial Agreementon Exhibit N hereto, and any other ongoing fees and expenses in accordance with the terms of the under any other Program AgreementsDocument.

Appears in 1 contract

Samples: Master Repurchase Agreement (New York Mortgage Trust Inc)

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