HOLD HARMLESS AND INDEMNIFICATION PROVISIONS Sample Clauses

HOLD HARMLESS AND INDEMNIFICATION PROVISIONS. No party to this Agreement will be liable for any obligation, act or omission of the other. Each party to this Agreement will hold harmless and indemnify ALNY, ALFS, and BD, as appropriate, for any loss or expense suffered as a result of the violation or noncompliance by that party or the Associated Persons of that party by any applicable law or regulation. The term "

HOLD HARMLESS AND INDEMNIFICATION PROVISIONS a. No party to this Agreement will be liable for any obligation, act or omission of any other party. BD and Associated Insurance Agency will hold harmless and indemnify Allstate Life and ADLLC, and conversely, Allstate Life and ADLLC will hold harmless and indemnify BD and Associated Insurance Agency for any loss or expense suffered as a result of the violation or noncompliance by the indemnifying party of or with any applicable law or regulation or any provision of this Agreement. Further, any BD violation or noncompliance by an associated person, as defined in Article 1 of the NASD By-Laws, would be covered under this provision. b. Without limiting the above paragraph, in situations when "as of" pricing is necessary in connection with the Contracts (and a loss is incurred to compensate the Contract owner for reduced Contract values) the party whose actions resulted in the loss will bear the costs according to pricing procedures established by Allstate Life.

HOLD HARMLESS AND INDEMNIFICATION PROVISIONS a. No party to this agreement will be liable for any obligation, act or omission of any other party. BD and Associated Insurance Agency will hold harmless and indemnify Glenbrook and ALFS, and conversely, Glenbrook and ALFS will hold harmless and indemnify BD and Associated Insurance Agency for any loss or expense suffered as a result of the violation or noncompliance by the indemnifying party of or with any applicable law or regulation or any provision of this Agreement. Further, any BD violation or noncompliance by an associated person, as defined in Article 1 of the NASD By-Laws, would be covered under this provision. b. Without limited the above paragraph, in situations when "as of" pricing is necessary in connection with the Contracts (and a loss is incurred to compensate the Contract owner for reduced Contract values) the party whose actions resulted in the loss will bear the costs according to pricing procedures established by Glenbrook.

HOLD HARMLESS AND INDEMNIFICATION PROVISIONS. (a) Broker-Dealer and Associated Insurance Agency shall indemnify and hold Prudential Annuities harmless from any liability, loss or expense sustained as a result of any acts or omissions, or the violation or noncompliance with any applicable federal or state law or regulation or any provision of this Agreement by Broker-Dealer, its Registered Representatives and associated persons of Broker-Dealer, Associated Insurance Agency and its Agents and any employees or affiliated persons, of any of the foregoing, including but not limited to, any claim by one or more Agents or Registered Representatives for amounts alleged to be payable pursuant to this Agreement for the sale of any Contracts.

HOLD HARMLESS AND INDEMNIFICATION PROVISIONS. If any director, officer, employee, associated person or other agent of any party to this Agreement (“Employer Party”) materially breaches any of the provisions of this Agreement, or otherwise fails to materially comply with any of its provisions, the Employer Party agrees to indemnify and hold harmless each of the other parties hereto for any and all liability, loss, damage or expense, including without limitation reasonable attorney’s fees and costs, that any of the other parties may incur or suffer as a result of such material breach or failure to materially comply. For purposes hereof, the term “associated person” shall have the same definition as in Article I of FINRA By-Laws. No party to this Agreement shall be responsible to perform any act or other obligation of any other party.

HOLD HARMLESS AND INDEMNIFICATION PROVISIONS. Unless specifically addressed by the terms of this Agreement, the parties agree to be responsible for the negligent or wrongful acts or omissions of their respective employees.

HOLD HARMLESS AND INDEMNIFICATION PROVISIONS. 17.1 SYMETRA will indemnify and hold BROKER/DEALER harmless from any and all losses, claims, damages or liabilities (or actions in respect thereof), to which BROKER/DEALER may become subject, insofar as such losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based upon any untrue statement of any material fact contained in SYMETRA’s prepared Sales Material for the Policies or a Policy prospectus (including any amendment or supplement thereto), or an omission or alleged omission to state a material fact required to be stated therein or necessary to make the statements therein not misleading, and will provide BROKER/DEALER with appropriate legal representation in connection with investigating or defending against such loss, claim, damage, liability (or action in respect thereof); provided, however, that SYMETRA shall not be liable in any such case to the extent that any such loss, claim, damage or liability (or action in respect thereof) arises out of or is based upon any untrue statement of any material fact contained in SYMETRA’s prepared Sales Material for the Policies or a Policy prospectus (including any amendment or supplement thereto), or an omission or alleged omission to state a material fact required to be stated therein or necessary to make the statements therein not misleading if such statement or omission was made in reliance upon and in conformity with information furnished by BROKER/DEALER and/or specifically for use in the preparation thereof. Additionally, SYMETRA shall not be liable in any case to the extent that any loss, claim, damage or liability (or action in respect thereof) arises out of or is based upon information contained in or omitted from any prospectus or supplement of any underlying investment fund. 17.2 Neither SYMETRA nor SSI shall indemnify BROKER/DEALER for any action where an applicant for a Policy was not furnished, sent or given, at or prior to written confirmation of the Policy sale, a copy of the appropriate prospectus together with the related underlying investment fund prospectus, the underlying investment fund statement of additional information if requested, any other required disclosure, any disclosure documents and other informational materials that SYMETRA determines are legally necessary or legally prudent in accordance with applicable Laws, and any supplements or amendments to any of the above furnished to BROKER/DEALER by SYMETRA. 17.3 SYMETRA and SSI shall, jointly an...

HOLD HARMLESS AND INDEMNIFICATION PROVISIONS. With respect to the duties and Services contemplated under the Agreement: a. JNLIC-NY agrees to indemnify and hold NISC harmless from any and all losses, claims, damages, liabilities or expenses to which NISC may become subject under any statute, regulation, common law or otherwise, insofar as such losses, claims, damages. liabilities or expenses relate directly to the sale of the JNLIC-NY Products and arise as a direct consequence of: 1. JNLIC-NY’s own willful misconduct or gross negligence; 2. Any material misrepresentation or omission, or alleged misrepresentation or omission, contained in Wholesaling Materials or other materials provided to NISC by JNLIC-NY or involving the sales subject to this Agreement, provided that such misrepresentations or omissions are not caused by NISC; and 3. Any fraudulent, unauthorized or wrongful act or omission by JNLIC-NY or its employees, contractors or agents. b. XXXX agrees to indemnify and hold JNLIC-NY harmless from any and all losses, claims, damages, liabilities or expenses to which JNLIC-NY may become subject under any statute, regulation, common law or otherwise, insofar as such losses, claims, damages, liabilities or expenses relate directly to the sale of a JNLIC-NY Product and arise as a direct consequence of: 1. NISC’s own willful misconduct or gross negligence; 2. Any material misrepresentation or omission, or alleged misrepresentation or omission involving the Services subject to this Agreement, provided that such misrepresentations or omissions are not caused by JNLIC-NY; and 3. Any fraudulent, unauthorized or wrongful act or omission by NISC or its registered representatives. c. No Party shall be liable, as the indemnifying Party pursuant to this Section 8, to the extent that the losses, claims, damages, liabilities or legal expenses incurred by the indemnified Party arise out of the indemnified Party’s willful misfeasance, bad faith, or gross negligence in the performance of its duties, or through the reckless disregard of the indemnified Party’s duties, under this Agreement. d. The Parties will promptly notify each other of the commencement of any litigation or proceedings, or the assertion of any claim or any material inquiries related to the duties set forth in the Agreement. The indemnifying Party shall have control of the defense of any such action, including appeals, and of all negotiations relating thereto, including the right to affect the settlement or compromise thereof. e. Nothing in this Se...

HOLD HARMLESS AND INDEMNIFICATION PROVISIONS. (a) Broker-Dealer and Associated Insurance Agency shall indemnify and hold American Skandia harmless from any liability, loss or expense sustained as a result of any acts or omissions, or the violation or noncompliance with any applicable federal or state law or regulation or any provision of this Agreement by Broker-Dealer, its Registered Representatives and associated persons of Broker-Dealer, Associated Insurance Agency and its Agents and any employees or affiliated persons, of any of the foregoing, including but not limited to, any claim by one or more Agents or Registered Representatives for amounts alleged to be payable pursuant to this Agreement for the sale of any Contracts. (b) American Skandia shall indemnify and hold Broker-Dealer and Associated Insurance Agency harmless from any liability, loss or expense sustained as a result of any acts or omissions, or the violation or noncompliance with any applicable federal or state law or regulation or any provision of this Agreement by American Skandia and any employees or affiliated persons of American Skandia.

HOLD HARMLESS AND INDEMNIFICATION PROVISIONS. No party to this Agreement will be liable for any obligation, act or omission of any other. Each party to this Agreement will hold harmless and indemnify SOUTHLAND, ING AMERICA EQUITIES, BROKER-DEALER and WHOLESALER, as appropriate, for losses or expenses suffered (including reasonable attorneys' fees) as a result of a violation or non-compliance by that party or ASSOCIATED PERSONS of that party of any applicable law or regulation. The term "ASSOCIATED PERSON" herein shall be defined consistently with such definition as contained in the NASD Membership and Conduct Rules.