Dealer Indemnification. Dealer will indemnify MFD and hold MFD harmless from any claim, demand, loss, expense or cause of action, including reasonable attorneys’ fees, resulting from the misconduct or gross negligence, as measured by industry standards, of Dealer, Dealer’s agents, Representatives and employees, in carrying out Dealer’s obligations under this Agreement; or the material breach of any term of this Agreement, including, but not limited to, making of misleading or untrue statement to a customer relating to the Shares or the Funds, or failing to be registered as a broker-dealer under the 1934 Act or licensed in accordance with applicable federal or state laws, rules or regulations.
Appears in 6 contracts
Samples: Mutual Fund Dealer Selling and Servicing Agreement (Madison Funds), Mutual Fund Dealer Selling and Servicing Agreement (Madison Funds), Mutual Fund Dealer Selling and Servicing Agreement (Madison Funds)
