Indemnification of Servicer and Master Servicer. The Servicer agrees to indemnify and hold the Master Servicer harmless from and against any and all losses, claims, expenses, costs, or liabilities (including attorneys fees and court costs) incurred by the Master Servicer as a result of or in connection with the failure by the Servicer to perform the obligations or responsibilities imposed upon or undertaken by the Servicer under this Agreement. The Master Servicer agrees to indemnify and hold the Servicer harmless from and against any and all losses, claims, expenses, costs, or liabilities (including attorneys fees and court costs) incurred by such Servicer as a result of or in connection with the failure by the Master Servicer to perform the obligations or responsibilities imposed upon or undertaken by the Master Servicer under this Agreement.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (TBW 2006-2), Pooling and Servicing Agreement (TBW 2006-1)
Indemnification of Servicer and Master Servicer. The Servicer agrees to indemnify and hold the Master Servicer harmless from and against any and all losses, claims, expenses, costs, or liabilities (including reasonable attorneys fees and court costs) incurred by the Master Servicer as a result of or in connection with the failure by the Servicer to perform the obligations or responsibilities imposed upon or undertaken by the Servicer under this Agreement. The Master Servicer agrees to indemnify and hold the Servicer harmless from and against any and all losses, claims, expenses, costs, or liabilities (including reasonable attorneys fees and court costs) incurred by such Servicer as a result of or in connection with the failure by the Master Servicer to perform the obligations or responsibilities imposed upon or undertaken by the Master Servicer under this Agreement.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (TBW Mortgage-Backed Trust Series 2007-2), Pooling and Servicing Agreement (TBW Mortgage-Backed Trust Series 2006-4)