Agreement to Pay Indemnification Expenses. (a) Seller agrees to pay to and indemnify the Trust, and hold the Trust harmless from, any expenses of the Trust arising under Section 2.2(g) or 3.4 of the Administration Agreement, Section 8.1(a)(v) of the Collateral Agreement, Section 3.5 or 3.6 of the Custodian Agreement, Section 5.6 of the Paying Agent Agreement and the last sentence of Section 7.6 of the Trust Agreement (collectively, "Indemnification Expenses"). Subject to Section 2.1(b), Seller shall pay any Indemnification Expense in Federal (immediately available) funds no later than five Business Days after the receipt by Seller, pursuant to Section 2.1(b), of written notice of any claim for Indemnification Expenses.
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Samples: Fund Indemnity Agreement (Tenth Automatic Common Exchange Security Trust), Indemnity Agreement (Amdocs Automatic Common Exchange Security Trust)
Agreement to Pay Indemnification Expenses. (a) Seller agrees Seller[S] agree[s] to pay to and indemnify the Trust, and hold the Trust harmless from, any expenses of the Trust arising under Section 2.2(g) or 3.4 of the Administration Agreement, Section 8.1(a)(v) of the Collateral Agreement, Section 3.5 or 3.6 of the Custodian Agreement, Section 5.6 of the Paying Agent Agreement and the last sentence of Section 7.6 of the Trust Agreement (collectively, "Indemnification Expenses"). Subject to Section 2.1(b), Seller Seller[S] shall pay any Indemnification Expense in Federal (immediately available) funds no later than five Business Days after the receipt by SellerSeller[S], pursuant to Section 2.1(b), of written notice of any claim for Indemnification Expenses.
Appears in 1 contract
Samples: Fund Indemnity Agreement (Ameritrade Automatic Common Exchange Security Tr)
Agreement to Pay Indemnification Expenses. (a) Seller agrees to pay to and indemnify the Trust, and hold the Trust harmless from, any expenses of the Trust arising under Section 2.2(g2.2(j) or 3.4 of the Administration Agreement, Section 8.1(a)(v) and 8.9 of the Collateral Agreement, Section 3.5 or 3.6 of the Custodian Agreement, Section 5.6 of the Paying Agent Agreement and the last sentence of Section 7.6 of the Trust Agreement (collectively, "βIndemnification Expenses"β). Subject to Section Sections 2.1(b) and (c), Seller shall pay any Indemnification Expense in Federal (immediately available) funds no later than five Business Days after the receipt by Seller, pursuant to Section 2.1(b), of written notice of any claim for Indemnification Expenses.
Appears in 1 contract
Samples: Fund Indemnity Agreement (2009 Dole Food Automatic Common Exchange Security Trust)