Common use of Actions by the Trust Clause in Contracts

Actions by the Trust. This Trust shall indemnify any person who was or is a party or is threatened to be made a party to any proceeding by or in the right of this Trust to procure a judgment in its favor by reason of the fact that that person is or was an agent of this Trust, against expenses actually and reasonably incurred by that person in connection with the defense or settlement of that action if that person acted in good faith, in a manner that person believed to be in the best interests of this Trust and with such care, including reasonable inquiry, as an ordinarily prudent person in a like position would use under similar circumstances.

Appears in 41 contracts

Samples: Global Custody Agreement (Vanguard Malvern Funds), Reality Shares ETF Trust, Reality Shares ETF Trust

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Actions by the Trust. This Trust shall indemnify any person who was or is a party or is threatened to be made a party to any proceeding threatened, pending or completed action by or in the right of this the Trust to procure a judgment in its favor by reason of the fact that that person is or was an agent of this the Trust, against expenses actually and reasonably incurred by that person in connection with the defense or settlement of that action if that person acted in good faith, in a manner that the person believed to be in the best interests of this the Trust and with such care, including reasonable inquiry, as an ordinarily prudent person in a like position would use under similar circumstances.

Appears in 1 contract

Samples: Lsa Variable Series Trust

Actions by the Trust. This Trust shall indemnify any person who was or is a party or is threatened to be made a party to any proceeding threatened, pending or completed action by or in the right of this Trust to procure a judgment in its favor by reason of the fact that that person is or was an agent of this Trust, against expenses actually and reasonably incurred by that person in connection with the defense or settlement of that action if that person acted in good faith, in a manner that person believed to be in the best interests of this Trust and with such care, including reasonable inquiry, as an ordinarily prudent person in a like position would use under similar circumstances.

Appears in 1 contract

Samples: Montgomery Funds Iii

Actions by the Trust. This Trust shall indemnify any person who was or is a party or is threatened to be made a party to any proceeding by or in the right of this Trust to procure a judgment in its favor by reason of the fact that that person is or was an agent of this Trust, against expenses actually and reasonably incurred by that person in connection with the defense or settlement of that action if that person acted in good faith, in a manner that person 8 believed to be in the best interests of this Trust and with such care, including reasonable inquiry, as an ordinarily prudent person in a like position would use under similar circumstances.

Appears in 1 contract

Samples: Instrument (Vanguard Montgomery Funds)

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Actions by the Trust. This Trust shall indemnify any person who was or is a party or is threatened to be made a party to any proceeding threatened, pending or completed action by or in the right of this Trust to procure a judgment in its favor by reason of the fact that that person is or was an agent of this Trust, against expenses actually and reasonably incurred by that person in connection with the defense or settlement of that action if that person acted in good faith, faith in a manner that person believed to be in the best interests of this Trust and with such carecare , including reasonable inquiry, as an ordinarily prudent person in a like position would use under similar circumstances.

Appears in 1 contract

Samples: California Investment Trust

Actions by the Trust. This Trust shall indemnify any person who was or is a party or is threatened to be made a party to any proceeding threatened, pending or completed action by or in the right of this Trust to procure a judgment in its favor by reason of the fact that that person is or was an agent of this Trust, against expenses actually and reasonably incurred by that person in connection with the defense or settlement of that action if that person acted in good faith, faith in a manner that person believed to be in the best interests of this Trust and with such care, including reasonable inquiry, inquiry as an ordinarily prudent person in a like position would use under similar circumstances.

Appears in 1 contract

Samples: California Investment Trust Ii

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