Indemnification Agreement in lieu of Repurchase Sample Clauses

Indemnification Agreement in lieu of Repurchase. At UHMC' s sole option and in lieu of repurchasing the related Loan subject to a Repurchase Obligation, UHMC may require the TPO to enter into a written indemnification agreement in a form acceptable to UHMC (the "Indemnification Agreement") which requires the TPO to indemnify UHMC, including, without limitation, reimbursing UHMC for any losses incurred by UHMC as a result of such Repurchase Obligation with respect to the related Loan.
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Indemnification Agreement in lieu of Repurchase. At MaxCap’s sole option and in lieu of repurchasing the Mortgage Loan subject to a Repurchase Obligation, MaxCap may require Seller to enter into a written indemnification agreement in a form acceptable to MaxCap (the “Indemnification Agreement”) which requires the Seller to indemnify MaxCap including, without limitation, reimbursing MaxCap for any losses incurred by MaxCap as a result of such Repurchase Obligation with respect to the related Mortgage Loan.
Sample 1
Indemnification Agreement in lieu of Repurchase. At Angel Oak’s sole option and in lieu of repurchasing the related Loan subject to a Repurchase Obligation, Angel Oak may require the Broker to enter into a written indemnification agreement in a form acceptable to Angel Oak (the “Indemnification Agreement”) which requires the Broker to indemnify Angel Oak, including, without limitation, reimbursing Angel Oak for any losses incurred by Angel Oak as a result of such Repurchase Obligation with respect to the related Loan.
Sample 1
Indemnification Agreement in lieu of Repurchase. At FundLoans’ sole option and in lieu of repurchasing the related Loan subject to a Repurchase Obligation, FundLoans may require the Broker to enter into a written indemnification agreement in a form acceptable to FundLoans (the “Indemnification Agreement”) which requires the Broker to indemnify FundLoans, including, without limitation, reimbursing FundLoans for any losses incurred by FundLoans as a result of such Repurchase Obligation with respect to the related Loan.
Sample 1

Related to Indemnification Agreement in lieu of Repurchase

  • Indemnification Agreement Contractor hereby agrees to indemnify and hold harmless the Owner, the State of Georgia and its departments, agencies and instrumentalities and all of their respective officers, members, employees and directors (hereinafter collectively referred to as the "Indemnitees") from and against any and all claims, demands, liabilities, losses, costs or expenses, including attorneys' fees, due to liability to a third party or parties, for any loss due to bodily injury (including death), personal injury, and property damage arising out of or resulting from the performance of this Contract or any act or omission on the part of the Contractor, its agents, employees or others working at the direction of Contractor or on its behalf., or due to any breach of this Contract by the Contractor, or due to the application or violation of any pertinent Federal, State or local law, rule or regulation. This indemnification extends to the successors and assigns of the Contractor. This indemnification obligation survives the termination of the Contract and the dissolution or, to the extent allowed by law, the bankruptcy of the Contractor. If and to the extent such damage or loss (including costs and expenses) as covered by this indemnification is paid by the State Tort Claims Trust Fund, the State Authority Liability Trust Fund, the State Employee Broad Form Liability Fund, the State Insurance and Hazard Reserve Fund, and other self-insured funds (all such funds hereinafter collectively referred to as the "Funds") established and maintained by the State of Georgia Department of Administrative Services Risk Management Division (hereinafter "DOAS") the Contractor agrees to reimburse the Funds for such monies paid out by the Funds.

  • WHOLE AND ONLY AGREEMENT 34.1 The Parties hereby confirm that this Agreement constitutes the whole and only agreement between them with regard to the subject matter of this Agreement.

  • Termination of Representative The services of a Representative may be terminated at any time by the affirmative vote of Holders holding a majority of the Notes, measured by the outstanding principal amount with respect to each such Note, but only if they simultaneously appoint a replacement Representative.

  • EXECUTION OF SETTLEMENT AGREEMENT 37. This Settlement Agreement may be signed in one or more counterparts which together shall constitute a binding agreement.

  • Termination of Recall Rights The layoff shall be a termination of employment and recall rights shall lapse if the layoff lasts for more than twenty-four (24) consecutive months without recall.

  • Indemnification of Receiver and Corporation From and after Bank Closing, the Assuming Institution agrees to indemnify and hold harmless the Corporation and the Receiver and their respective directors, officers, employees and agents from and against any and all costs, losses, liabilities, expenses (including attorneys' fees), judgments, fines and amounts paid in settlement actually and reasonably incurred in connection with any of the following:

  • Modification of Settlement Agreement Any modification to this Settlement Agreement shall be in writing and signed by the Parties.

  • Termination Amendment and Waiver 46 7.1 Termination....................................................................................46 7.2

  • If Settlement Agreement is Terminated (1) If this Settlement Agreement is not approved, is terminated in accordance with its terms or otherwise fails to take effect for any reason:

  • Our Liability for Failure to Complete Transactions If we do not properly complete a transaction from your Card on time or in the correct amount according to our Agreement with you, we will be liable for your losses or damages. However, there are some exceptions. We will not be liable, for instance:

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