Reimbursement and Indemnification. (a) The Owner Trustee shall be entitled to be reimbursed for its reasonable expenses (including reasonable attorneys' fees) incurred in the performance of its duties as Owner Trustee under this Agreement, except to the extent that such expenses arise out of or result from o the Owner Trustee's own willful misconduct, bad faith, or gross negligence, o the inaccuracy of any of the Owner Trustee's representations or warranties in Section 7.03, o taxes based on or measured by any fees, commissions, or compensation received by the Owner Trustee for acting as such in connection with any of the transactions contemplated by this Agreement or any other Transaction Document, or o the Owner Trustee's failure to use reasonable care to receive, manage, and disburse moneys actually received by it in accordance with this Agreement.
Appears in 19 contracts
Samples: Trust Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2006-F), Trust Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2005-I), Trust Agreement (CWHEQ Revolving Home Equity Loan Asset Backed Notes, Series 2006-C)
Reimbursement and Indemnification. (a) The Owner Trustee shall be entitled to be reimbursed for its reasonable expenses (including reasonable attorneys' ’ fees) incurred in the performance of its duties as Owner Trustee under this Agreement, except to the extent that such expenses arise out of or result from o • the Owner Trustee's ’s own willful misconduct, bad faith, or gross negligence, o • the inaccuracy of any of the Owner Trustee's ’s representations or warranties in Section 7.03, o • taxes based on or measured by any fees, commissions, or compensation received by the Owner Trustee for acting as such in connection with any of the transactions contemplated by this Agreement or any other Transaction Document, or o • the Owner Trustee's ’s failure to use reasonable care to receive, manage, and disburse moneys actually received by it in accordance with this Agreement.
Appears in 3 contracts
Samples: Trust Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-E), Trust Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-G), Trust Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-D)
Reimbursement and Indemnification. (a) The Owner Trustee shall be entitled to be reimbursed for its reasonable expenses (including reasonable attorneys' fees) incurred in the performance of its duties as Owner Trustee under this Agreement, except to the extent that such expenses arise out of or result from o the Owner Trustee's own willful misconduct, bad faith, or gross negligence, o the inaccuracy of any of the Owner Trustee's representations or warranties in Section 7.03, o taxes based on or measured by any fees, commissions, or compensation received by the Owner Trustee for acting as such in connection with any of the transactions contemplated by this Agreement or any other Transaction Document, or o the Owner Trustee's failure to use reasonable care to receive, manage, and disburse moneys actually received by it in accordance with the terms of this Agreement.
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Samples: Trust Agreement (CWHEQ Revolving Home Equity Loan Asset Backed Notes, Series 2005-F)