Indemnification; Expenses. The second sentence of Section 9.01 is hereby deleted and replaced in its entirety with the following: The Seller or Servicer, as the case may be, shall immediately (i) notify the Purchaser if a claim is made by a third party with respect to this Agreement, any Mortgage Loan and/or any REO Property (ii) assume the defense of any such claim and pay all expenses in connection therewith, including attorneys’ fees, and (iii) promptly pay, discharge and satisfy any judgment, award, or decree that may be entered against it or the Purchaser in respect of such claim.
Appears in 13 contracts
Samples: Assignment, Assumption and Recognition Agreement (Sequoia Mortgage Trust 2013-1), Assignment, Assumption and Recognition Agreement (Sequoia Mortgage Trust 2012-6), Assignment, Assumption and Recognition Agreement (Sequoia Mortgage Trust 2012-6)
