Servicer Indemnified Parties definition

Servicer Indemnified Parties is defined in Section 9.2.

Servicer Indemnified Parties is defined in Section 2.07.

Servicer Indemnified Parties shall have the meaning given to such term in Section 3.08.

Examples of Servicer Indemnified Parties in a sentence

• The provisions of such indemnity shall run directly to and be enforceable by such Servicer Indemnified Parties.

• Each of the Servicer Indemnified Parties and Subservicer Indemnified Parties is an intended third-party beneficiary of this Agreement solely with respect to Section 6.1 and each of them shall have the right to enforce Section 6.1 directly against the Servicer or the Subservicer, as applicable, as if they were a party hereto.

• The reimbursement, indemnity and contribution obligations of the Servicer under this Section shall be in addition to any liability which the Servicer may otherwise have, shall extend upon the same terms and conditions to Servicer Indemnified Party, and shall be binding upon and inure to the benefit of any successors, assigns, heirs and personal representatives of the Servicer and the Servicer Indemnified Parties.

• The provisions of such indemnity shall run directly to and be enforceable by such Successor Servicer Indemnified Parties.

• Notwithstanding any provision to the contrary in this Section 5.1(b), Interim Servicer shall have no obligation to indemnify or hold the Servicer Indemnified Parties harmless from and against that portion of any claim for indemnification that arises from any fact or circumstance for which Interim Servicer is entitled to indemnification by Servicer pursuant to Section 5.1(a) or under the Purchase Agreement.

More Definitions of Servicer Indemnified Parties

Servicer Indemnified Parties means the Subservicer and its Affiliates and their respective officers, directors, employees and agents.

Servicer Indemnified Parties has the meaning set forth in Section 10(o) of this Agreement.

Servicer Indemnified Parties means (a) Goal, its Affiliates, any subsequent purchaser or beneficial owner of the Student Loans, (b) in the event of any Securitization of some or all of the Student Loans, any trustee, underwriter, placement agent, initial purchaser, rating agency, any SPE service company (i.e., any company providing “independent directors”, management, ownership or related services in connection with securitization entities) or bond insurer in any of the transactions relating to the Securitization and (c) any of their respective officers, directors, agents, employees and “controlling persons” (within the meaning of the Securities Act or the Exchange Act).

Servicer Indemnified Parties means (a) the Master Servicer and its Affiliates, (b) in the event of the Pass-Through Transfer, any underwriter, placement agent, initial purchaser or the equivalent in the offering and sale of the securities issued in connection therewith and any trustee, swap counterparty or other participant in the Pass-Through Transfer, (c) each person, if any, who controls any of the foregoing within the meaning of either Section 15 of the Securities Act or Section 20 of the Exchange Act and (d) any of their respective officers, directors, agents, partners, members, shareholders and employees.

Servicer Indemnified Parties has the meaning set forth in Section 4.03(b).

Servicer Indemnified Parties has the meaning set forth in Section 5.2(a) of the Master Servicing Agreement.

Servicer Indemnified Parties has the meaning given to such term in Section 5.4 hereof.