Waiver of Potential FDIC Indemnification States by the Morgan Stanley

Waiver of Potential FDIC Indemnification States by the Morgan Stanley

5. Omitted Says. Notwithstanding the releases in Paragraph 4 of this Agreement, or any other term(s) of this Agreement, the following claims are specifically reserved and not released by this Agreement:

e. One liability to help you or claims of one’s U . s ., the fresh Service out of Homes and you will Metropolitan Invention/Federal Casing Administration, this new Service out of Experts Facts, otherwise Federal national mortgage association otherwise Freddie Mac computer according to entire funds insured, protected, or purchased by the Service regarding Property and you can Urban Advancement/Federal Homes Management, this new Institution out of Pros Situations, or Fannie mae otherwise Freddie Mac, except claims considering otherwise arising from new securitizations of every such fund in the RMBS placed in Annex dos;

h. One accountability to the states otherwise run alleged on the following et celle-ci tam methods, and no setoff about number paid down below which Arrangement will be reproduced to the recuperation to the these actions:

(i) All of us, el al. ex rel. Szymoniak v. Western Real estate loan Maintenance, Inc., Saxon Home loan. Inc., et al., Zero. 0:10-cv-01465-JFA (D.S.C.);

6. Launches from the Morgan Stanley. Morgan Stanley and any current or former affiliated entity and any of their respective successors and assigns fully and finally release the United States and its officers, agents, employees, and servants, from any claims (including attorney’s fees, costs, and expenses of every kind and howev er denominated) that Morgan Stanley has asserted, could have asserted, or may assert in the future against the United States and its officers, agents, employees, and servants, related to the Covered Conduct to the extent released hereunder and the investigation and civil prosecution to date thereof.

7. . Morgan Stanley hereby irrevocably waives any right that it otherwise might have to seek (and in any event agrees that it shall not seek) any form of indemnification, reimbursement or contribution from the FDIC in any capacity, including the FDIC in its Corporate Capacity or the FDIC in its Receiver Capacity for any payment under this Agreement.

All will cost you (since discussed regarding the Government Acquisition Controls, 48 C

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9. Unallowable Will cost you Defined. F.R. -47) incurred by or on behalf of Morgan Stanley, and its present or former officers, directors, employees, shareholders, and agents in connection with:

c. Morgan Stanley’s data, loans in Maytown protection, and restorative tips done responding for the Joined States’ review(s) and you may municipal and one violent research(s) to the the fresh new matters included in that it Arrangement (plus attorney’s costs);

elizabeth. The new percentage Morgan Stanley makes toward Us pursuant to help you this Agreement, is unallowable costs for regulators contracting intentions (hereinafter known as “Unallowable Costs”).

10. Future Therapy of Unallowable Can cost you. Unallowable Costs will be separately determined and accounted for by Morgan Stanley, and Morgan Stanley shall not charge such Unallowable Costs directly or indirectly to any contract with the United States.

Any liability to help you otherwise states of the National Borrowing from the bank Partnership Management, any Federal Mortgage Lender, or even the Government Deposit Insurance Firm (along with within its capacity due to the fact a company, individual, or conservator) (the newest “FDIC”);

eleven. So it Contract try governed because of the laws and regulations of your United states. Brand new People agree that this new private jurisdiction and you can area your disagreement about it Agreement ‘s the United states District Judge to the Northern Section from California.

13. The brand new Parties acknowledge that this Agreement is established without having any demonstration otherwise adjudication or judicial finding of every problem of facts otherwise law, and that is not a last buy of every judge or political authority.

fourteen. Each party shall sustain its legal and other will set you back incurred in this regard matter, such as the preparation and performance regarding the Agreement.

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