Common use of Indemnification by the Purchaser Clause in Contracts

Indemnification by the Purchaser. The Purchaser shall indemnify Countrywide and hold it harmless against any losses, damages, penalties, fines, forfeitures, reasonable and necessary legal fees and related costs, judgments, and other costs and expenses resulting from any claim, demand, defense or assertion based on or grounded upon, or resulting from, a breach of the Purchaser’s representations and warranties contained in Section 3.05 above.

Appears in 9 contracts

Samples: Master Mortgage Loan Purchase Agreement (GSR 2006-Ar2), Master Mortgage Loan Purchase Agreement (GSR Mortgage Loan Trust 2007-4f), Master Mortgage Loan Purchase Agreement (GSR Mortgage Loan Trust 2006-10f)

AutoNDA by SimpleDocs

Indemnification by the Purchaser. The Purchaser shall indemnify Countrywide and hold it harmless against any losses, damages, penalties, fines, forfeitures, reasonable and necessary legal fees and related costs, judgments, and other costs and expenses resulting from any claim, demand, defense or assertion based on or grounded upon, or resulting from, a breach of the Purchaser’s 's representations and warranties contained in Section 3.05 above.

Appears in 7 contracts

Samples: Purchase and Servicing Agreement (Banc of America Funding 2006-D Trust), Servicing Agreement (Gsaa Home Equity Trust 2004-8), Servicing Agreement (GSAA Home Equity Trust 2006-3)

Indemnification by the Purchaser. The Purchaser shall indemnify Countrywide the Seller and hold it harmless against any losses, damages, penalties, fines, forfeitures, reasonable and necessary legal fees and related costs, judgments, and other costs and expenses resulting from any claim, demand, defense or assertion based on or grounded upon, or resulting from, a breach of the Purchaser’s 's representations and warranties contained in Section 3.05 Subsection 7.05 above.

Appears in 5 contracts

Samples: Mortgage Loan Purchase and Servicing Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-Oar5), Purchase and Servicing Agreement (Merrill Lynch Alternative Note Asset Trust, Series 2007-Oar2), Master Mortgage Loan Purchase and Servicing Agreement (Merrill Lynch Investors Trust, Series 2006-A2)

Indemnification by the Purchaser. The Purchaser shall indemnify Countrywide and hold it harmless against any losses, damages, penalties, fines, forfeitures, reasonable and necessary legal fees and related costs, judgments, and other costs and expenses resulting from any claim, demand, defense or assertion based on or grounded upon, or resulting from, a breach of any representation or warranty contained in Sections 3.05. With respect to the Purchaser’s representations breach of a representation and warranties contained warranty set forth in Section 3.05 abovehereof, the obligation under this Section 3.06 of the Purchaser to indemnify Countrywide shall constitute the sole remedy against the Purchaser respecting such breach available to Countrywide.

Appears in 5 contracts

Samples: Assignment and Recognition Agreement (BCAP LLC Trust 2007-Aa4), Pooling and Servicing Agreement (BCAP LLC Trust 2007-Aa5), Assignment and Recognition Agreement (BCAP LLC Trust 2007-Aa2)

AutoNDA by SimpleDocs

Indemnification by the Purchaser. The Purchaser shall indemnify Countrywide and hold it harmless against any losses, damages, penalties, fines, forfeitures, reasonable and necessary legal fees and related costs, judgments, and other costs and expenses resulting from any claim, demand, defense or assertion based on or grounded upon, or resulting from, a breach of the Purchaser’s representations and warranties contained in Section 3.05 3.04 above.

Appears in 2 contracts

Samples: Master Mortgage Loan Purchase and Servicing Agreement (Jpmac 2006-Cw1), Master Mortgage Loan Purchase (J.P. Morgan Mortgage Trust 2006-A1)

Indemnification by the Purchaser. The Purchaser shall indemnify Countrywide and hold it harmless against any direct losses, damages, penalties, fines, forfeitures, reasonable and necessary legal fees and related costs, judgments, and other costs and expenses resulting from any claim, demand, or defense or assertion based on or grounded upon, or resulting from, a breach of the Purchaser’s representations and warranties contained in Section 3.05 above.

Appears in 1 contract

Samples: Bailee Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2006-Ar4)

Time is Money Join Law Insider Premium to draft better contracts faster.