Common use of Effect of Termination or Resignation Clause in Contracts

Effect of Termination or Resignation. Any termination or resignation of the Subservicer under this Agreement shall not affect any claims that the Purchaser or the Servicer may have against the Subservicer for events or actions taken or not taken by the Subservicer arising prior to any such termination or resignation.

Effect of Termination or Resignation. Any termination or resignation of the Subservicer Sub-Servicer under this Agreement shall not affect any claims that the Purchaser Servicer or the any other Sub-Servicer Indemnified Person may have against the Subservicer Sub-Servicer for events or actions taken or not taken by the Subservicer Sub-Servicer or other occurrences arising prior to any such termination or resignationresignation or any representation, warranty, indemnity, covenant or other obligation or undertaking that survive the termination hereof.