Common use of Rights and Immunities Clause in Contracts

Rights and Immunities. All privileges, rights and immunities given to each of the Indenture Trustee and the Administrator in the Indenture are hereby extended to and applicable to the Indenture Trustee’s and the Administrator’s obligations, respectively, hereunder. Without limiting the foregoing, for all purposes of this Agreement, in the performance of any duties or obligations of the Administrator hereunder, the Administrator shall be entitled to the benefits of the terms and provisions of Article VI of the Indenture. The Servicer agrees to the provisions of Sections 6.15 and 6.16 of the Indenture, including the indemnification provided therein.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (HSBC Home Equity Loan Corp I), Sale and Servicing Agreement (HSBC Home Equity Loan Trust (USA) 2006-2), Sale and Servicing Agreement (HSBC Home Equity Loan Corp I)

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Rights and Immunities. All privileges, rights and immunities given to each of the Indenture Trustee and the Administrator in the Indenture are hereby extended to and applicable to the Indenture Trustee’s 's and the Administrator’s 's obligations, respectively, hereunder. Without limiting the foregoing, for all purposes of this Agreement, in the performance of any duties or obligations of the Administrator hereunder, the Administrator shall be entitled to the benefits of the terms and provisions of Article VI of the Indenture. The Master Servicer agrees to the provisions of Sections 6.15 and 6.16 of the Indenture, including the indemnification provided therein.

Appears in 1 contract

Samples: Sale and Servicing Agreement (HSBC Home Equity Loan Trust 2005-1)

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Rights and Immunities. All privileges, rights and immunities given to each of the Indenture Trustee and the Administrator in the Indenture are hereby extended to and applicable to the Indenture Trustee’s and the Administrator’s obligations, respectively, hereunder. Without limiting the foregoing, for all purposes of this Agreement, in the performance of any duties or obligations of the Administrator hereunder, the Administrator shall be entitled to the benefits of the terms and provisions of Article VI of the Indenture. The Master Servicer agrees to the provisions of Sections 6.15 and 6.16 of the Indenture, including the indemnification provided therein.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Household Mortgage Loan Trust 2004-Hc1)

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