Common use of Fund Indemnity Clause in Contracts

Fund Indemnity. Fund shall indemnify and hold Agent harmless from and against, and Agent shall not be responsible for, any and all losses, claims, damages, costs, charges, counsel fees and expenses, payments, expenses and liability (collectively, "Losses") arising out of or attributable to Agent's duties under this Agreement or this appointment, including the reasonable costs and expenses of defending itself against any Loss or enforcing this Agreement, except for any liability of Agent as set forth in Section 9.1 above. Each Fund is severally, and not jointly, responsible for indemnification pursuant to this Section 9.2 arising out of or attributable to Agent's duties or appointment with respect to such Fund.

Appears in 3 contracts

Samples: Transfer Agency and Service Agreement (Advent Claymore Convertible Securities & Income Fund), Agency and Service Agreement (Fiduciary/Claymore MLP Opportunity Fund), Agency and Service Agreement (Guggenheim Enhanced Equity Income Fund (F/K/a Old Mutual/Claymore Long-Short Fund))

AutoNDA by SimpleDocs

Fund Indemnity. Fund shall indemnify and hold Agent harmless from and against, and Agent shall not be responsible for, any and all losses, claims, damages, costs, charges, counsel fees and expenses, payments, expenses and liability (collectively, "Losses") arising out of or attributable to Agent's ’s duties under this Agreement or this appointment, including the reasonable costs and expenses of defending itself against any Loss or enforcing this Agreement, except for any liability of Agent as set forth in Section 9.1 above. Each Fund is severally, and not jointly, responsible for indemnification pursuant to this Section 9.2 arising out of or attributable to Agent's ’s duties or appointment with respect to such Fund.

Appears in 2 contracts

Samples: The Transfer Agency and Service Agreement (Guggenheim Active Allocation Fund), Agency and Service Agreement (Guggenheim Taxable Municipal Managed Duration Trust)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.