Common use of Indemnification by the Loan and Note Servicer Clause in Contracts

Indemnification by the Loan and Note Servicer. (a) The Loan and Note Servicer shall not be liable to the Company or its successors, assigns, officers, directors, employees or agents, for any actions or omissions to act in connection with the servicing of the Borrower Loans or Securities pursuant to this Agreement or for errors in judgment, except as expressly provided in Section 5.9 and in this Section 5.14.

Appears in 4 contracts

Samples: Administration Agreement (Prosper Funding LLC), Administration Agreement (Prosper Funding LLC), Administration Agreement (Prosper Funding LLC)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.