Common use of Liability of Seller; Indemnities Clause in Contracts

Liability of Seller; Indemnities. (a) The Seller shall indemnify, defend and hold harmless the Issuer, the Holding Trust, the Owner Trustee, the Indenture Trustee and the Backup Servicer (including the Backup Servicer in its capacity as the successor Servicer if so appointed) and the officers, directors, employees and agents thereof and the Noteholders from and against any losses, liabilities or expenses incurred by reason of the Seller’s violation of federal or state securities laws in connection with the registration and sale of the Notes.

Appears in 28 contracts

Samples: Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2023-4), Sale and Servicing (Exeter Automobile Receivables Trust 2023-5), Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2022-2)

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Liability of Seller; Indemnities. (a) The Seller shall indemnify, defend and hold harmless the Issuer, the Holding Trust, the Owner Trustee, the Indenture Trustee and the Backup Servicer (including the Backup Servicer in its capacity as the successor Servicer if so appointed) and the officers, directors, employees and agents thereof and the Noteholders from and against any losses, liabilities or expenses incurred by reason of the Seller’s violation of federal or state securities laws in connection with the registration and sale of the Notes.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2020-3), Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2021-2), Sale and Servicing Agreement (Exeter Automobile Receivables Trust 2021-2)

Liability of Seller; Indemnities. (a) The Seller shall indemnify, defend and hold harmless the Issuer, the Holding Trust, the Owner Trustee, Trustee[,][and] the Indenture Trustee [and the Backup Servicer (including the Backup Servicer in its capacity as the successor Servicer if so appointed) )] and the officers, directors, employees and agents thereof and the Noteholders from and against any losses, liabilities or expenses incurred by reason of the Seller’s violation of federal or state securities laws in connection with the registration and sale of the Notes.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Efcar, LLC)

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Liability of Seller; Indemnities. (a) The Seller shall indemnify, defend and hold harmless indemnify the IssuerPurchaser, the Holding TrustBackup Servicer, the Owner TrusteeAdministrative Agent, the Indenture Trustee Collateral Agent, each Lender and the Backup Servicer (including the Backup Servicer in its capacity as the successor Servicer if so appointed) and the their respective officers, directors, agents and employees and agents thereof and the Noteholders from and against for any losses, liabilities or expenses incurred by reason liability as a result of the Seller’s violation failure of federal a Receivable to be originated in compliance with all requirements of law and for any breach of any of its representations, warranties, covenants or state securities laws in connection with the registration and sale of the Notesother agreements contained herein.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Consumer Portfolio Services Inc)

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