Duty to Reimburse. The terminated or resigning Master Servicer will reimburse the Trustee (or the Trustee will be reimbursed from the Trust Fund as Other Trust Expenses if the Master Servicer is unable to fulfill its obligations as such under the Trust Documents) for all costs associated with the transfer of servicing, including any costs or expenses associated with the complete transfer of all servicing data and the completion or correction of such servicing information as may be required by the Trustee to rectify any errors or insufficiencies in the servicing information or to enable the Trustee to service the Mortgage Loans properly and effectively.
Duty to Reimburse. The parties mutually agree that the District and Institute have provided mutually beneficial support to each other under the previous operating agreement, and in consideration thereof, the parties agree that neither the District nor the Institute shall be responsible for reimbursing the other for any support provided prior to this Agreement taking effect. The Parties understand that invoices have been previously submitted and paid and this waiver of reimbursement is not intended to apply to these previous transactions. Notwithstanding this waiver of reimbursement, the parties mutually agree that the October 26, 2010 Loan Agreement entered into by the parties shall remain in full force and effect.
