Examples of Securitization Indemnification in a sentence
Borrower also agrees to reimburse each Securitization Indemnified Party for any legal or other costs and expenses reasonably incurred by such Securitization Indemnified Party in connection with investigating or defending the Securitization Indemnification Liabilities.
Any Securitization Indemnification Agreement shall provide that, as long as Parent has complied with its obligations to defend and indemnify hereunder, Parent shall not be liable for any settlement made by any Indemnified Person without the consent of Parent (which consent shall not be unreasonably withheld or delayed).
Any Securitization Indemnification Agreement shall provide that, the Indemnified Person shall instruct its counsel to maintain reasonably detailed billing records for fees and disbursements for which such Indemnified Person is seeking reimbursement hereunder and shall submit copies of such detailed billing records to substantiate that such counsel’s fees and disbursements are solely related to the defense of a claim for which Parent is required hereunder to indemnify such Indemnified Person.
Any Securitization Indemnification Agreement shall provide that, Parent shall not be liable for the expenses of more than one (1) such separate counsel unless such Indemnified Person shall have reasonably concluded that there may be legal defenses available to it that are different from or additional to those available to another Indemnified Person.
Any Securitization Indemnification Agreement shall provide that, Parent will further agree that the Indemnified Persons are intended third party beneficiaries under this Section 8.2.
Section 9.1. Sale of Notes and Securitization 132 Section 9.2. Securitization Indemnification 134 Section 9.3. Exculpation 137 Section 9.4. Servicer 140 Section 9.5. Assignments and Participations 140 Section 9.6. Participation 141 Section 9.7. Borrower’s Facilitation of Transfer 141 Section 9.8. Notice; Registration Requirement 142 Section 9.9. Registry 142 Section 9.10.
Borrowers and Lender have entered into a Securitization Indemnification Agreement of even date herewith, a copy of which is attached hereto as Exhibit B, which shall be a "Loan Document" hereunder.
Section 9.1. Sale of Notes and Securitization 137 Section 9.2. Securitization Indemnification 138 Section 9.3. Exculpation 141 Section 9.4. Servicer 144 Section 9.5. Assignments and Participations 144 Section 9.6. Participation 145 Section 9.7. Borrower’s Facilitation of Transfer 145 Section 9.8. Notice; Registration Requirement 146 Section 9.9. Registry 146 Section 9.10.
Borrower also agrees to reimburse each Securitization Indemnified Party, within ten (10) Business Days after request therefor, for any legal or other costs and expenses reasonably incurred by such Securitization Indemnified Party in connection with investigating or defending the Securitization Indemnification Liabilities.
Section 9.1 Sale of Notes and Securitization 140 Section 9.2 Securitization Indemnification 143 Section 9.3 Exculpation 146 Section 9.4 Intentionally Omitted 148 Section 9.5 Servicer 148 ARTICLE X.