Paragraph XIV. Indemnification and Insurance of the Contract is deleted in its entirety and replaced with the following:
Paragraph XIV Sample Clauses
Related to Paragraph XIV
Paragraph (c) of sub‑clause (1) of clause 8 is amended by adding thereto a new paragraph as follows:
Section 4 04 Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.......................................................65 Section 4.05 Allocation of Realized Losses.........................................66 Section 4.06 Reports of Foreclosures and Abandonment of Mortgaged Property.........66 Section 4.07 Optional Purchase of Defaulted Mortgage Loans.........................67 Section 4.08 Surety Bond...........................................................67
Paragraph Captions The captions of the paragraphs and sections are set forth only for the convenience and reference of the Parties and are not intended in any way to define, limit or describe the scope or intent of this Agreement.
Section 7 11(a) of the Credit Agreement is hereby amended to read as follows:
Section 6 03. Limitation on Liability of the Depositor, the Seller, the Master Servicer and Others......................................................................................1 SECTION 6.04. Limitation on Resignation of Master Servicer................................................2
Subparagraph (a) of this Paragraph 15 shall not preclude a party from assigning, charging or otherwise dealing with all or any part of its interest in any sum payable to it under Paragraph 11 hereof.
Paragraph specific notes Notes following the numbered paragraphs
Section I Definitions
Section 10 11. Article 10 Not To Prevent Events of Default or Limit Right To Accelerate..................................... 91 SECTION 10.12. Trust Moneys Not Subordinated........................... 91 SECTION 10.13. Trustee Entitled To Rely................................ 92 SECTION 10.14.
Section XII A shall not apply where the Settling State at issue meets the eligibility criteria for and is entitled to Incentive Payment A for the Payment Year at issue, except as expressly provided therein. For the avoidance of doubt, because all Settling States are deemed eligible for Incentive Payment A for Payment Years 1 and 2 under Section IV.F.1.c, a suspension of Payments under Section XII.A.2 shall not apply to any Settling States for those Payment Years.
