Common use of Liability of Servicer; Indemnities Clause in Contracts

Liability of Servicer; Indemnities. 70 Section 7.3 Merger or Consolidation of, or Assumption of the Obligations of, Servicer..........................................................................72 Section 7.4 Limitation on Liability of Servicer and Others........................................72 Section 7.5 Servicer Not to Resign................................................................73 Section 7.6 Servicer May Own Notes or Certificates................................................73 ARTICLE VIII - SERVICING TERMINATION 73 Section 8.1 Events of Servicing Termination.......................................................73 Section 8.2 Indenture Trustee to Act; Appointment of Successor Servicer...........................75 Section 8.3 Effect of Servicing Transfer..........................................................76 Section 8.4 Notification to Noteholders and Certificateholders....................................76 Section 8.5 Waiver of Past Events of Servicing Termination........................................76 ARTICLE IX - TERMINATION 77

Liability of Servicer; Indemnities. 70 52 Section 7.3 Merger or Consolidation of, or Assumption of the Obligations of, Servicer..........................................................................72 54 Section 7.4 Limitation on Liability of Servicer and Others........................................72 54 Section 7.5 Servicer Not to Resign................................................................73 55 Section 7.6 Servicer May Own Notes or Certificates................................................73 55 ARTICLE VIII - SERVICING TERMINATION 73 TERMINATION.............................................................................55 Section 8.1 Events of Servicing Termination.......................................................73 55 Section 8.2 Indenture Trustee to Act; Appointment of Successor Servicer...........................75 57 Section 8.3 Effect of Servicing Transfer..........................................................76 58 Section 8.4 Notification to Noteholders and Certificateholders....................................76 58 Section 8.5 Waiver of Past Events of Servicing Termination........................................76 58 ARTICLE IX - TERMINATION 77TERMINATION.........................................................................................59 Section 9.1 Optional Purchase of All Receivables..................................................59 ARTICLE X - MISCELLANEOUS PROVISIONS.............................................................................60

Liability of Servicer; Indemnities. 70 46 Section 7.3 Merger or Consolidation of, or Assumption of the Obligations of, Servicer..........................................................................72 .............47 Section 7.4 Limitation on Liability of Servicer and Others........................................72 47 Section 7.5 Servicer Not to Resign................................................................73 48 Section 7.6 Servicer May Own Notes or Certificates................................................73 48 ARTICLE VIII - SERVICING TERMINATION 73 48 Section 8.1 Events of Servicing Termination.......................................................73 48 Section 8.2 Indenture Trustee to Act; Appointment of Successor Servicer...........................75 50 Section 8.3 Effect of Servicing Transfer..........................................................76 50 Section 8.4 Notification to Noteholders and Certificateholders....................................76 51 Section 8.5 Waiver of Past Events of Servicing Termination........................................76 51 ARTICLE IX - TERMINATION 7751

Liability of Servicer; Indemnities. 70 46 Section 7.3 Merger or Consolidation of, or Assumption of the Obligations of, Servicer..........................................................................72 ..............................................................................48 Section 7.4 Limitation on Liability of Servicer and Others........................................72 48 Section 7.5 Servicer Not to Resign................................................................73 49 Section 7.6 Servicer May Own Notes or Certificates................................................73 49 ARTICLE VIII - SERVICING TERMINATION 73 TERMINATION.............................................................................49 Section 8.1 Events of Servicing Termination.......................................................73 49 Section 8.2 Indenture Trustee to Act; Appointment of Successor Servicer...........................75 51 Section 8.3 Effect of Servicing Transfer..........................................................76 51 Section 8.4 Notification to Noteholders and Certificateholders....................................76 52 Section 8.5 Waiver of Past Events of Servicing Termination........................................76 52 ARTICLE IX - TERMINATION 77TERMINATION.........................................................................................52 Section 9.1 Optional Purchase of All Receivables..................................................52 ARTICLE X - MISCELLANEOUS PROVISIONS.............................................................................53

Liability of Servicer; Indemnities. 70 36 Section 7.3 Merger or Consolidation of, or Assumption of the Obligations of, Servicer..........................................................................72 .............38 Section 7.4 Limitation on Liability of Servicer and Others........................................72 38 Section 7.5 Servicer Not to Resign................................................................73 39 Section 7.6 Servicer May Own Notes or Certificates................................................73 39 ARTICLE VIII - SERVICING TERMINATION 73 TERMINATION.............................................................................39 Section 8.1 Events of Servicing Termination.......................................................73 39 Section 8.2 Indenture Trustee to Act; Appointment of Successor Servicer...........................75 40 Section 8.3 Effect of Servicing Transfer..........................................................76 41 Section 8.4 Notification to Noteholders and Certificateholders....................................76 41 Section 8.5 Waiver of Past Events of Servicing Termination........................................76 42 ARTICLE IX - TERMINATION 77TERMINATION.........................................................................................42 Section 9.1 Optional Purchase of All Receivables..................................................42 ARTICLE X - MISCELLANEOUS PROVISIONS.............................................................................43

Liability of Servicer; Indemnities. 70 Section 7.3 60 SECTION 7.2. Corporate Existence; Status as Servicer; Merger or Consolidation of, or Assumption ............... 61 SECTION 7.3. Performance of the Obligations of, Servicer..........................................................................72 Section 7.4 .................................... 61 SECTION 7.4. The Servicer Not to Resign; Assignment ........................ 62 SECTION 7.5. Limitation on Liability of Servicer and Others........................................72 Section 7.5 Servicer Not to Resign................................................................73 Section 7.6 Servicer May Own Notes or Certificates................................................73 Others ................ 62 ARTICLE VIII - SERVICING TERMINATION 73 Section 8.1 Default ................................................................. 63 SECTION 8.1. Events of Servicing Termination.......................................................73 Section 8.2 Indenture Trustee to Act; Appointment of Successor Servicer...........................75 Section 8.3 Effect of Servicing Transfer..........................................................76 Section 8.4 Default ............................................. 63 SECTION 8.2. Notification to Noteholders and Certificateholders....................................76 Section 8.5 Certificateholders ............................ 65 SECTION 8.3. Waiver of Past Events Defaults ....................................... 65 SECTION 8.4. Insurer Direction of Servicing Termination........................................76 Insolvency Proceedings ................... 65 ARTICLE IX - TERMINATION 77The Trustee ............................................................... 66 SECTION 9.1. No Power to Engage in Business or to Vary Investments ......... 66 SECTION 9.2. Duties of Trustee ............................................. 66 SECTION 9.3. Trustee's Assignment of Purchased Contracts .................. 68

Liability of Servicer; Indemnities. 70 35 Section 7.3 Merger or Consolidation of, or Assumption of the Obligations of, Servicer..........................................................................72 .............37 Section 7.4 Limitation on Liability of Servicer and Others........................................72 37 Section 7.5 Servicer Not to Resign................................................................73 37 Section 7.6 Servicer May Own Notes or Certificates................................................73 38 ARTICLE VIII - SERVICING TERMINATION 73 38 Section 8.1 Events of Servicing Termination.......................................................73 38 Section 8.2 Indenture Trustee to Act; Appointment of Successor Servicer...........................75 39 Section 8.3 Effect of Servicing Transfer..........................................................76 40 Section 8.4 Notification to Noteholders and Certificateholders....................................76 40 Section 8.5 Waiver of Past Events of Servicing Termination........................................76 40 ARTICLE IX - TERMINATION 7741 Section 9.1 Optional Purchase of All Receivables..................................................41 ARTICLE X - MISCELLANEOUS PROVISIONS 42

Liability of Servicer; Indemnities. 70 42 Section 7.3 Merger or Consolidation of, or Assumption of the Obligations of, Servicer..........................................................................72 .............43 Section 7.4 Limitation on Liability of Servicer and Others........................................72 44 Section 7.5 Servicer Not to Resign................................................................73 44 Section 7.6 Servicer May Own Notes or Certificates................................................73 45 ARTICLE VIII - SERVICING TERMINATION 73 TERMINATION.............................................................................45 Section 8.1 Events of Servicing Termination.......................................................73 45 Section 8.2 Indenture Trustee to Act; Appointment of Successor Servicer...........................75 46 Section 8.3 Effect of Servicing Transfer..........................................................76 47 Section 8.4 Notification to Noteholders and Certificateholders....................................76 47 Section 8.5 Waiver of Past Events of Servicing Termination........................................76 47 ARTICLE IX - TERMINATION 77TERMINATION.........................................................................................48 Section 9.1 Optional Purchase of All Receivables..................................................48 ARTICLE X - MISCELLANEOUS PROVISIONS.............................................................................48

Liability of Servicer; Indemnities. 70 ..43 Section 7.3 Merger or Consolidation of, or Assumption of the Obligations of, of Servicer..........................................................................72 .................44 Section 7.4 Limitation on Liability of Servicer and Others........................................72 .....................................45 Section 7.5 Servicer Not to Resign................................................................73 ...........................45 Section 7.6 Servicer May Own Notes or Certificates................................................73 ...........45 ARTICLE VIII - SERVICING TERMINATION 73 TERMINATION........................................45 Section 8.1 Events of Servicing Termination.......................................................73 ..................45 Section 8.2 Indenture Trustee to Act; Appointment of Successor Servicer...........................75 .............................47 Section 8.3 Effect of Servicing Transfer..........................................................76 .....................47 Section 8.4 Notification to Noteholders and Certificateholders....................................76 .............................48 Section 8.5 Waiver of Past Events of Servicing Termination........................................76 ....................................48 ARTICLE IX - TERMINATION 77TERMINATION....................................................48