Common use of INDEMNIFICATION AND ASSIGNMENT Clause in Contracts

INDEMNIFICATION AND ASSIGNMENT. Section 8.01 Indemnification. 45 Section 8.02 Limitation on Liability of Servicer and Others. 47 Section 8.03 Limitation on Assignment and Resignation by Servicer. 47 Section 8.04 Operation of Indemnities. 48 Section 8.05 Assignment by Owner. 48 Section 8.06 Merger or Consolidation of the Servicer. 48 ARTICLE IX REPRESENTATIONS, WARRANTIES AND COVENANTS OF OWNER Section 9.01 Organization and Good Standing; Licensing. 49 Section 9.02 Authorization; Binding Obligations. 49 Section 9.03 No Consent Required. 49 Section 9.04 No Violations. 49 Section 9.05 Litigation. 49 Section 9.06 Ownership. 50 Section 9.07 Accuracy. 50 ARTICLE X REPRESENTATIONS AND WARRANTIES OF SERVICER Section 10.01 Due Organization and Authority. 50 Section 10.02 Ordinary Course of Business. 50 Section 10.03 No Violation. 50 Section 10.04 Ability to Service. 51 Section 10.05 Ability to Perform. 51 Section 10.06 Litigation. 51 Section 10.07 No Consent Required. 51 Section 10.08 No Untrue Information. 51 Section 10.09 Reasonable Servicing Fee. 52 Section 10.10 Accepted Servicing Practices. 52 ARTICLE XI