Liability of Servicer; Indemnification. (a) The Servicer shall not be relieved of its obligations under this Agreement notwithstanding any Sub-Servicing Agreement or any of the provisions of this Agreement relating to agreements or arrangements between the Servicer and a Sub-Servicer and the Servicer shall be obligated to the same extent and under the same terms and conditions as if it alone were servicing and administering the Home Equity Loans. The Servicer shall be entitled to enter into any agreement with a Sub-Servicer for indemnification of the Servicer by such Sub-Servicer and nothing contained in such Sub-Servicing Agreement shall be deemed to limit or modify this Agreement.
Liability of Servicer; Indemnification. (a) Subject to clause (b) below and Section 6.03, the Servicer (except the Trustee if it is required to succeed the Servicer hereunder) indemnifies and holds the Trustee, the Seller, the Depositor and each Certificateholder harmless against any and all claims, losses, penalties, fines, forfeitures, reasonable legal fees and related costs, judgments, and any other costs, fees and expenses that the Trustee, the Depositor and any Certificateholder may sustain in any way related to the failure of the Servicer to perform its duties and service the Mortgage Loans in compliance with the Servicing Standards. The Servicer shall immediately notify the Trustee, the Depositor and each Certificateholder if a claim is made that may result in such claims, losses, penalties, fines, forfeitures, legal fees or related costs, judgments, or any other costs, fees and expenses, and the Servicer shall assume (with the consent of the Trustee) the defense of any such claim and pay all expenses in connection therewith, including reasonable counsel fees, and promptly pay, discharge and satisfy any judgment or decree which may be entered against the Servicer, the Trustee, the Depositor and/or Certificateholder in respect of such claim. The provisions of this Section 3.26 shall survive the termination of this Agreement and the payment of the outstanding Certificates.
Liability of Servicer; Indemnification. Section 3.27 Reports of Foreclosure and Abandonment of Mortgaged Properties.
Liability of Servicer; Indemnification. 91 Section 8.06. No Contractual Relationship Between Sub-Servicer, Trustee or the Owners.....................92 Section 8.07. Assumption or Termination of Sub-Servicing Agreement by Trustee.................................92 Section 8.08. Principal and Interest Account.......................92 Section 8.09. Delinquency Advances and Servicing Advances..........94 Section 8.10. Compensating Interest; Repurchase of Home Equity Loans.........................................95 Section 8.11. Maintenance of Insurance.............................96
Liability of Servicer; Indemnification. 86 Section 3.27 Reports of Foreclosure and Abandonment of Mortgaged Properties.............................................. 87 Section 3.28 Protection of Assets.................................... 87 Section 3.29
Liability of Servicer; Indemnification. Section 3.25 Reports of Foreclosure and Abandonment of Mortgaged Properties.................................................. Section 3.26 Limitation of Liability of the Credit Risk Manager........... Section 3.27
Liability of Servicer; Indemnification. 88 Section 8.06 No Contractual Relationship Between Sub-Servicer, Trustee or the Owners..........88 Section 8.07 Assumption or Termination of Sub-Servicing Agreement by Trustee..................89 Section 8.08 Principal and Interest Account...................................................89 Section 8.09 Delinquency Advances and Servicing Advances......................................91 Section 8.10 Compensating Interest; Repurchase of Home Equity Loans...........................91 Section 8.11 Maintenance of Insurance.........................................................92 Section 8.12 Due-on-Sale Clauses; Assumption and Substitution Agreements......................93 Section 8.13 Realization Upon Defaulted Home Equity Loans; Workout of Home Equity Loans.......94 Section 8.14 Trustee to Cooperate; Release of Files...........................................95 Section 8.15 Servicing Compensation...........................................................96 Section 8.16 Annual Statement as to Compliance................................................96 Section 8.17 Annual Independent Certified Public Accountants' Reports.........................96 Section 8.18 Access to Certain Documentation and Information Regarding the Home Equity Loans..97 Section 8.19
Liability of Servicer; Indemnification. Subject to Section 6.03, the Servicer (except the Trustee if it is required to succeed the Servicer hereunder) indemnifies and holds the Trustee, the Depositor and the Trust Fund harmless against any and all claims, losses, penalties, fines, forfeitures, reasonable legal fees and related costs, judgments, and any other costs, fees and expenses that the Trustee, the Depositor and the Trust Fund may sustain in any way related to the failure of the Servicer to perform its duties and service the Mortgage Loans in compliance with the Servicing Standard. The Servicer shall immediately notify the Trustee and the Depositor if a claim is made that may result in such claims, losses, penalties, fines, forfeitures, legal fees or related costs, judgments, or any other costs, fees and expenses, and the Servicer shall assume (with the consent of the Trustee) the defense of any such claim and pay all expenses in connection therewith, including reasonable counsel fees, and promptly pay, discharge and satisfy any judgment or decree which may be entered against the Servicer, the Trustee, the Depositor and/or the Trust Fund in respect of such claim. The provisions of this Section 3.26 shall survive the termination of this Agreement and the payment of the outstanding Certificates.
Liability of Servicer; Indemnification. 76 Section 8.06 No Contractual Relationship Between Sub-Servicer, Trustee or the Owners....................................77 Section 8.07 Assumption or Termination of Sub-Servicing Agreement by Trustee...............................................77 Section 8.08 Principal and Interest Account.............................77 Section 8.09 Delinquency Advances and Servicing Advances................79 Section 8.10 Compensating Interest; Repurchase of Home Equity Loans.............................................80 Section 8.11 Maintenance of Insurance...................................80 Section 8.12 Due-on-Sale Clauses; Assumption and Substitution Agreements...............................................81 Section 8.13 Realization Upon Defaulted Home Equity Loans; Modification.............................................81 Section 8.14 Trustee to Cooperate; Release of Files.....................82 Section 8.15
Liability of Servicer; Indemnification. 51 Section 4.06 No Contractual Relationship Between Sub-Servicer, Indenture Trustee or the Owners.................................................................51
