Common use of Basis for Indemnification Clause in Contracts

Basis for Indemnification. There exists a basis to demand indemnification under Section 11.5 below that materially and adversely affects the value or marketability of the related Mortgage Loan or Servicing Rights.

Appears in 2 contracts

Sources: Mortgage Loan Servicing Purchase and Sale Agreement (Homeside Lending Inc), Mortgage Loan Servicing Purchase and Sale Agreement (Homeside International Inc)