Common use of Indemnification With Respect to the Mortgage Loans Clause in Contracts

Indemnification With Respect to the Mortgage Loans. The Seller shall indemnify and hold harmless the Company, Trustee and the Custodian from and against any loss, liability or expense arising from the breach by the Seller of its representations and warranties in Section 3.01 of this Purchase Agreement which materially and adversely affects the value of any Mortgage Loan or the Company’s assignees’ interest in any Mortgage Loan or from the failure by the Seller to perform its obligations under this Purchase Agreement in any material respect.

Appears in 7 contracts

Samples: Mortgage Loan Purchase Agreement (Novastar Mortgage Funding Trust Series 2004-1), Mortgage Loan Purchase Agreement (Novastar Mortgage Funding Corp), Mortgage Loan Purchase Agreement (NovaStar Mortgage Funding Trust, Series 2004-3)

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Indemnification With Respect to the Mortgage Loans. The Seller shall indemnify and hold harmless the Company, Trustee and the Custodian from and against any loss, liability or expense arising from the breach by the Seller of its representations and warranties in Section 3.01 of this Purchase Agreement which materially and adversely affects the value of any Mortgage Loan or the Company’s 's assignees' interest in any Mortgage Loan or from the failure by the Seller to perform its obligations under this Purchase Agreement in any material respect.

Appears in 4 contracts

Samples: Mortgage Loan Purchase Agreement (Novastar Mortgage Funding Corp Home Eq Ln as Bk Ce Se 03 2), Mortgage Loan Purchase Agreement (Novastar Mortgage Funding Corp Home Eq Ln as Bk Ce Se 03 1), Purchase Agreement (Novastar Home Equity Loan Asset Backed Cert Series 2003-3)

Indemnification With Respect to the Mortgage Loans. The Seller shall indemnify and hold harmless the Company, Trustee and the Custodian Certificate Administrator from and against any loss, liability or expense arising from the breach by the Seller of its representations and warranties in Section 3.01 of this Purchase Agreement which materially and adversely affects the value of any Mortgage Loan or the Company’s 's assignees' interest in any Mortgage Loan or from the failure by the Seller to perform its obligations under this Purchase Agreement in any material respect.

Appears in 4 contracts

Samples: Mortgage Loan Purchase Agreement (Novastar Mortgage Funding Corp Trust Series 2002-3), Mortgage Loan Purchase Agreement (Novastar Mortgage Funding Trust Series 2002-1), Mortgage Loan Purchase Agreement (Novastar Mortgage Funding Corp)

Indemnification With Respect to the Mortgage Loans. The Seller shall indemnify and hold harmless the CompanyDepositor, Trustee and the Custodian from and against any loss, liability or expense arising from the breach by the Seller of its representations and warranties in Section 3.01 of this Purchase Agreement which materially and adversely affects the value of any Mortgage Loan or the CompanyDepositor’s assignees’ interest in any Mortgage Loan or from the failure by the Seller to perform its obligations under this Purchase Agreement in any material respect.

Appears in 2 contracts

Samples: Mortgage Loan Purchase Agreement (NovaStar Certificates Financing LLC), Mortgage Loan Purchase Agreement (NovaStar Certificates Financing CORP)

Indemnification With Respect to the Mortgage Loans. The Seller shall indemnify and hold harmless the Company, Trustee Trustee, the Class A-1 Insurer and the Custodian from and against any loss, liability or expense arising from the breach by the Seller of its representations and warranties in Section 3.01 of this Purchase Agreement which materially and adversely affects the value of any Mortgage Loan or the Company’s assignees’ interest in any Mortgage Loan or from the failure by the Seller to perform its obligations under this Purchase Agreement in any material respect.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Novastar Mortgage Funding Trust Series 2004-2)

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Indemnification With Respect to the Mortgage Loans. The -------------------------------------------------- Seller shall indemnify and hold harmless the Company, Trustee and the Custodian Company from and against any loss, liability or expense arising from the breach by the Seller of its representations and warranties in Section 3.01 of this Purchase Agreement which materially and adversely affects the value of any Mortgage Loan or the Company’s 's assignees' interest in any Mortgage Loan or from the failure by the Seller to perform its obligations under this Purchase Agreement in any material respect.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Novastar Mortgage Funding Trust Series 2001-1)

Indemnification With Respect to the Mortgage Loans. The Seller shall indemnify and hold harmless the Company, Trustee Transferor and the Custodian Depositor from and against any loss, liability or expense arising from the breach by the Seller of its representations and warranties in Section 3.01 of this Purchase Agreement which materially and adversely affects the value of any Mortgage Loan or the Company’s Transferor's or the Depositor's assignees' interest in any Mortgage Loan or from the failure by the Seller to perform its obligations under this Purchase Agreement in any material respect.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Residential Asset Funding Corp)

Indemnification With Respect to the Mortgage Loans. The Seller shall indemnify and hold harmless the Company, Trustee and the Custodian Company from and against any loss, liability or expense arising from the breach by the Seller of its representations and warranties in Section 3.01 of this Purchase Agreement which materially and adversely affects the value of any Mortgage Loan or the Company’s 's assignees' interest in any Mortgage Loan or from the failure by the Seller to perform its obligations under this Purchase Agreement in any material respect.

Appears in 1 contract

Samples: Mortgage Loan Purchase Agreement (Novastar Mortgage Funding Corp)

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