Indemnification for Reporting Sample Clauses
Indemnification for Reporting. TPO understands and acknowledges that UHMC may report information about any Mortgage Loan Package that UHMC believes to contain misrepresentations or violates applicable law to the appropriate governmental body or regulatory agency, ▇▇▇▇▇▇ Mae, ▇▇▇▇▇▇▇ Mac, HUD or any mortgage industry background database, including, but not limited to, databases operated by Mortgage Asset Research Institute, Inc., such as the Mortgage Industry Date Exchange ("MIDEX") or any cooperative industry database. TPO acknowledges that TPO and any owner, officer, agent or employee may be named as the originating entity or loan originator on any such Loan. TPO acknowledges the importance of UHMC's right and necessity to disclose such information. TPO, for itself and its directors, officers and employees and their respective successors or assigns and Mortgage Asset Research Institute, Inc , indemnifies and holds UHMC and its officers, directors, employees, shareholders, representatives, successors, assigns, agents and affiliates from any and all damage, loss, liability, cost, actions, causes of action, claims, demands or expense both direct and indirect (including without limitation reasonable legal and accounting fees and expenses actually incurred) that may arise from the reporting or use by any database subscriber or any governmental body or agency of any information submitted by UHMC with respect to TPO and any owner, officer, agent or employee to any mortgage industry database, including MIDEX.
Indemnification for Reporting. Seller understands and acknowledges that Angel Oak may report information about any Loan or Mortgage Loan Document that Angel Oak believes to contain misrepresentations or violates Applicable Law to the appropriate governmental body or regulatory agency, ▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇, HUD or any mortgage industry background database, including, but not limited to, databases operated by Mortgage Asset Research Institute, Inc., such as the Mortgage Industry Date Exchange (“MIDEX”) or any cooperative industry database. Seller acknowledges that Seller and any owner, officer, agent or employee may be named as the originating entity, loan originator or creditor on any such Loan. Seller acknowledges the importance of ▇▇▇▇▇ ▇▇▇’s right and necessity to disclose such information. Seller, for itself and its directors, officers and employees and their respective successors and assigns and Mortgage Asset Research Institute, Inc., indemnifies and holds Angel Oak and its officers, directors, employees, shareholders, representatives, successors, assigns, agents and affiliates from any and all damage, loss, liability, cost, actions, causes of action, claims, demands and expenses both direct and indirect (including without limitation reasonable legal and accounting fees and expenses actually incurred) that may arise from the reporting or use by any database subscriber or any governmental body or agency of any information submitted by Angel Oak with respect to Seller and any owner, officer, agent or employee to any mortgage industry database, including MIDEX.
Indemnification for Reporting. If MaxCap has identified misrepresentations or a violation of Applicable Law, MaxCap Guidelines, or the Guidelines relating to any Mortgage Loan, Seller understands and acknowledges that MaxCap may report such information to the appropriate governmental body, regulatory agency, including ▇▇▇▇▇▇ ▇▇▇ and ▇▇▇▇▇▇▇ Mac, or any mortgage industry database, including, but not limited to, databases operated by Mortgage Asset Research Institute, Inc., such as the Mortgage Industry Date Exchange (“MIDEX”) or any cooperative industry database. Seller acknowledges that Seller and any owner, officer, agent or employee may be named as the loan originator or creditor on any such Mortgage Loan and Seller, for itself and its directors, officers, and employees and their respective successors and assigns and Mortgage Asset Research Institute, Inc., indemnifies and holds MaxCap and its officers, directors, employees, shareholders, representatives, successors, assigns, agents and affiliates from any and all damage, loss, liability, cost, actions, causes of action, claims, demands and expenses both direct and indirect (including without limitation reasonable legal and accounting fees and expenses actually incurred) that may arise from the reporting or use by any database subscriber or any governmental body or agency of any information submitted by MaxCap with respect to Seller and any owner, officer, agent or employee to any mortgage industry database, including MIDEX.