Common use of Indemnity of Trust Collateral Agent and Back-up Servicer Clause in Contracts

Indemnity of Trust Collateral Agent and Back-up Servicer. The Servicer shall indemnify the Trust Collateral Agent, the Back-up Servicer and each officer, director and employee of the Trust Collateral Agent and the Back-up Servicer for, and hold each such Person harmless against, any loss, liability, or expense incurred without willful misfeasance, negligence, or bad faith on its part, arising out of or in connection with the acceptance or administration of this Agreement, including the costs and expenses of defending itself against any claim or liability in connection with the exercise or performance of any of its powers or duties under this Agreement. The provisions of this Section 10.6 shall survive the termination of this Agreement or any resignation or removal of LBAC as Servicer.