Common use of Master Servicer's Indemnity Clause in Contracts

Master Servicer's Indemnity. (a) Master Servicer shall use all reasonable efforts to obtain the benefits of the rights of indemnification in favor of Master Servicer contained in the Pooling and Servicing Agreement on behalf of the Primary Servicer and the Primary Servicer's agents, employees and subcontractors insofar as such indemnification relates to losses, liabilities, expenses, claims, demands, costs or judgments against the Primary Servicer arising out of or related to the Primary Servicer's performance hereunder. To the extent that the Master Servicer is not entitled to indemnification under the Pooling and Servicing Agreement, the Master Servicer shall indemnify the Primary Servicer for all losses, liabilities, expenses, claims, demands, costs or judgements against the Primary Servicer arising out of the Master Servicer's failure to perform its obligations under Sections 4.1 and 4.2 hereof.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Capital I Trust 2005-Hq7), Pooling and Servicing Agreement (Bear Stearns Commercial Mortgage Securities Trust 2005-Top20), Pooling and Servicing Agreement (Bear Stearns Commercial Mortgage Securities Trust 2005-Top18)

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