Common use of Expenses of Appeal Clause in Contracts

Expenses of Appeal. If the Trustee seeks arbitration or a judicial adjudication to determine or enforce his or her rights under, or to recover damages for breach of, the indemnification or Expense advancement provisions of this Agreement, the Trustee shall be entitled to recover from the relevant Series, and shall be indemnified by the relevant Series against, any and all Expenses actually incurred by the Trustee in such arbitration or judicial adjudication, but only if the Trustee prevails therein. If it shall be determined in such arbitration or judicial adjudication that the Trustee is entitled to receive part but not all of the indemnification or advancement of Expenses sought, the expenses incurred by the Trustee in connection with such arbitration or judicial adjudication shall be appropriately prorated.

Appears in 22 contracts

Samples: Indemnification Agreement (Virtus Opportunities Trust), Indemnification Agreement (Merger Fund Vl), Indemnification Agreement (Allianz Funds Multi-Strategy Trust)

AutoNDA by SimpleDocs

Expenses of Appeal. If the Trustee seeks arbitration or a judicial adjudication to determine or enforce his or her rights under, or to recover damages for breach of, the indemnification or Expense advancement provisions of this Agreement, the Trustee shall be entitled to recover from the relevant SeriesTrust, and shall be indemnified by the relevant Series Trust against, any and all Expenses actually and reasonably incurred by the Trustee in such arbitration or judicial adjudication, but only if the Trustee prevails therein. If it shall be determined in such arbitration or judicial adjudication that the Trustee is entitled to receive part but not all of the indemnification or advancement of Expenses sought, the expenses incurred by the Trustee in connection with such arbitration or judicial adjudication shall be appropriately prorated.

Appears in 8 contracts

Samples: Indemnification Agreement (Baillie Gifford Funds), Indemnification Agreement (Baillie Gifford Funds), Indemnification Agreement (Impax Funds Series Trust Iii)

Expenses of Appeal. If the Trustee seeks arbitration or a judicial adjudication of or an award in arbitration to determine or enforce his or her rights under, or to recover damages for breach of, the indemnification or Expense advancement provisions of this Agreement, the Trustee shall be entitled to recover from the relevant SeriesTrust, and shall be indemnified by the relevant Series Trust against, any and all Expenses actually and reasonably incurred by the Trustee in such arbitration judicial adjudication or judicial adjudicationarbitration, but only if the Trustee prevails therein. If it shall be determined in such arbitration or judicial adjudication or arbitration that the Trustee is entitled to receive part but not all of the indemnification or advancement of Expenses sought, the expenses incurred by the Trustee in connection with such arbitration or judicial adjudication or arbitration shall be appropriately prorated.

Appears in 7 contracts

Samples: Indemnification Agreement (Aristotle Funds Series Trust), Indemnification Agreement (Aristotle Funds Series Trust), Indemnification Agreement (Pacific Select Fund)

Expenses of Appeal. If the Trustee seeks arbitration or a judicial adjudication to determine or enforce his or her rights under, or to recover damages for breach of, the indemnification or Expense advancement provisions of this Agreement, the Trustee shall be entitled to recover from the relevant SeriesFund, and shall be indemnified by the relevant Series Fund against, any and all Expenses actually and reasonably incurred by the Trustee in such arbitration or judicial adjudication, but only if the Trustee prevails therein. If it shall be determined in such arbitration or judicial adjudication that the Trustee is entitled to receive part but not all of the indemnification or advancement of Expenses sought, the expenses incurred by the Trustee in connection with such arbitration or judicial adjudication shall be appropriately prorated.

Appears in 5 contracts

Samples: Indemnification Agreement (Pax World Funds Series Trust I), Indemnification Agreement (Van Eck Funds), Trustee Indemnification Agreement (Van Eck Worldwide Insurance Trust)

Expenses of Appeal. If the Trustee seeks arbitration or a judicial adjudication to determine or enforce his or her rights under, or to recover damages for breach of, the indemnification or Expense advancement provisions of this Agreement, the Trustee shall be entitled to recover from the relevant SeriesTrust, and shall be indemnified by the relevant Series such Trust against, any and all Expenses actually and reasonably incurred by the Trustee in such the arbitration or judicial adjudication, but only if the Trustee prevails thereinprevails. If it shall be is determined in such the arbitration or judicial adjudication that the Trustee is entitled to receive part but not all of the indemnification or advancement of Expenses sought, the expenses incurred by the Trustee in connection with such arbitration or judicial adjudication shall be appropriately prorated.

Appears in 4 contracts

Samples: Indemnification Agreement (George Putnam Balanced Fund), Indemnification Agreement (Putnam Target Date Funds), Indemnification Agreement (Putnam Funds Trust)

Expenses of Appeal. If the Trustee seeks arbitration or a judicial adjudication to determine or enforce his or her rights under, or to recover damages for breach of, the indemnification or Expense advancement provisions of this Agreement, the Trustee shall be entitled to recover from the relevant SeriesTrust, and shall be indemnified by the relevant Series Trust against, any and all Expenses actually and reasonably incurred by the Trustee in such the arbitration or judicial adjudication, but only if the Trustee prevails thereinprevails. If it shall be is determined in such the arbitration or judicial adjudication that the Trustee is entitled to receive part but not all of the indemnification or advancement of Expenses sought, the expenses incurred by the Trustee in connection with such arbitration or judicial adjudication shall be appropriately prorated.

Appears in 2 contracts

Samples: Indemnification Agreement (Putnam Tax Free Income Trust), Indemnification Agreement (Putnam ETF Trust)

AutoNDA by SimpleDocs

Expenses of Appeal. If the Trustee seeks arbitration or a judicial adjudication to determine or enforce his or her rights under, or to recover damages for breach of, the indemnification or Expense advancement provisions of this Agreement, the Trustee shall be entitled to recover from the relevant SeriesTrust, and shall be indemnified by the relevant Series such Trust against, any and all Expenses actually and reasonably incurred by the Trustee in such arbitration or judicial adjudication, but only if the Trustee prevails therein. If it shall be determined in such arbitration or judicial adjudication that the Trustee is entitled to receive part but not all of the indemnification or advancement of Expenses sought, the expenses incurred by the Trustee in connection with such arbitration or judicial adjudication shall be appropriately prorated.

Appears in 2 contracts

Samples: Indemnification Agreement (Putnam Multi-Cap Growth Fund), Indemnification Agreement (Putnam Variable Trust)

Expenses of Appeal. If the Trustee seeks arbitration or a judicial adjudication of or an award in arbitration to determine or enforce his or her rights under, or to recover damages for breach of, the indemnification or Expense advancement provisions of this Agreement, the Trustee shall be entitled to recover from the relevant SeriesTrust, and shall be indemnified by the relevant Series Trust against, any and all Expenses actually and reasonably incurred by the Trustee in such arbitration judicial adjudication or judicial adjudicationarbitration, but only if the Trustee prevails therein. If it shall be determined in such arbitration or judicial adjudication or arbitration that the Trustee is entitled to receive part but not all of the indemnification or advancement of Expenses sought, the expenses incurred by the Trustee in connection with such arbitration or judicial adjudication or arbitration shall be appropriately prorated.

Appears in 1 contract

Samples: Reorganization Agreement (Pacific Funds Series Trust)

Expenses of Appeal. If the Trustee seeks arbitration or a judicial adjudication to determine or enforce his or her rights under, or to recover damages for breach of, the indemnification or Expense advancement provisions of this Agreement, the Trustee shall be entitled to recover from the relevant SeriesFund, and shall be indemnified by the relevant Series Fund against, any and all Expenses actually incurred by the Trustee in such arbitration or judicial adjudication, but only if the Trustee prevails therein. If it shall be determined in such arbitration or judicial adjudication that the Trustee is entitled to receive part but not all of the indemnification or advancement of Expenses sought, the expenses incurred by the Trustee in connection with such arbitration or judicial adjudication shall be appropriately prorated.

Appears in 1 contract

Samples: Indemnification Agreement (Virtus Stone Harbor Emerging Markets Income Fund)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!