Common use of IMCO Clause in Contracts

IMCO. IMCO shall indemnify and hold harmless Wellington Management, any affiliated persons thereof (within the meaning of the 1940 Act) (collectively, Wellington Management Indemnities) for any and all losses, claims, damages, liabilities or litigation (including reasonable legal and other expenses) to which the Wellington Indemnities may become subject under the 1933 Act, the 1940 Act, the Advisers Act, or under any other statute, at common law or otherwise arising out of (i) any gross negligence, willful misconduct, bad faith or reckless disregard by IMCO in the performance of any of its duties or obligations hereunder or (ii) any untrue statement of a material fact contained in the Prospectus and SAI, proxy materials, reports, advertisements, sales literature, or other materials pertaining to the Funds or the omission to state therein a material fact known to IMCO which was required to be stated therein or necessary to make the statements therein not misleading, unless such statement or omission was made in reliance upon information furnished in writing by Wellington Indemnities to IMCO or the Trust.

Appears in 4 contracts

Samples: Investment Subadvisory Agreement (Usaa Mutual Funds Trust), Investment Subadvisory Agreement (Usaa Mutual Funds Trust), Investment Subadvisory Agreement (Usaa Investment Trust)

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IMCO. IMCO shall indemnify and hold harmless Wellington ManagementNTI, any affiliated persons thereof (within the meaning of the 1940 Act) and any controlling persxxx xxxxeof (collectivelyas described in Section 15 of the 1933 Act)(collectively, Wellington Management NTI Indemnities) for any and all losses, claims, damages, liabilities or litigation (including reasonable legal and other expenses) Losses to which the Wellington NTI Indemnities may become subject under the 1933 Act, the 1940 Act, the Advisers Act, or under any other statute, at common law or otherwise arising out of (i) any gross negligence, willful misconduct, bad faith or reckless disregard by IMCO in the performance of any of its duties or obligations hereunder or (ii) any untrue statement of a material fact contained in the Prospectus and SAI, proxy materials, reports, advertisements, sales literature, or other materials pertaining to the Funds or the omission to state therein a material fact known to IMCO which was required to be stated therein or necessary to make the statements therein not misleading, unless such statement or omission was made in reliance upon information furnished in writing by Wellington NTI Indemnities to IMCO or the TrustCompany.

Appears in 2 contracts

Samples: Usaa Contract (Usaa Mutual Fund Inc), Investment Subadvisory Agreement (Usaa Mutual Fund Inc)

IMCO. IMCO shall indemnify and hold harmless Wellington ManagementNTI, any affiliated persons thereof (within the meaning of the 1940 Act) and any controlling perxxxx xxxreof (collectivelyas described in Section 15 of the 1933 Act)(collectively, Wellington Management IndemnitiesNTI Indemnitees) for any and all losses, claims, damages, liabilities or litigation (including reasonable legal and other expenses) Losses to which the Wellington Indemnities NTI Indemnitees may become subject under the 1933 Act, the 1940 Act, the Advisers Act, or under any other statute, at common law or otherwise arising out of (i) any gross negligence, willful misconduct, bad faith or reckless disregard by IMCO in the performance of any of its duties or obligations hereunder or (ii) any untrue statement of a material fact contained in the Prospectus and SAI, proxy materials, reports, advertisements, sales literature, or other materials pertaining to the Funds or the omission to state therein a material fact known to IMCO which was required to be stated therein or necessary to make the statements therein not misleading, unless such statement or omission was made in reliance upon information furnished in writing by Wellington Indemnities NTI Indemnitees to IMCO or the TrustCompany.

Appears in 2 contracts

Samples: Investment Subadvisory Agreement (Usaa Investment Trust), Investment Subadvisory Agreement (Usaa Mutual Funds Trust)

IMCO. IMCO shall indemnify and hold harmless Wellington ManagementNTI, any affiliated persons thereof (within the meaning of the 1940 Act) and any controlling perxxxx xxxreof (as described in Section 15 of the 1933 Act) (collectively, Wellington Management IndemnitiesNTI Indemnitees) for any and all losses, claims, damages, liabilities or litigation (including reasonable legal and other expenses) Losses to which the Wellington Indemnities NTI Indemnitees may become subject under the 1933 Act, the 1940 Act, the Advisers Act, or under any other statute, at common law or otherwise arising out of (i) any gross negligence, willful misconduct, bad faith or reckless disregard by IMCO in the performance of any of its duties or obligations hereunder or (ii) any untrue statement of a material fact contained in the Prospectus and SAI, proxy materials, reports, advertisements, sales literature, or other materials pertaining to the Funds or the omission to state therein a material fact known to IMCO which was required to be stated therein or necessary to make the statements therein not misleading, unless such statement or omission was made in reliance upon information furnished in writing by Wellington Indemnities NTI Indemnitees to IMCO or the Trust.

Appears in 1 contract

Samples: Investment Subadvisory Agreement (Usaa Mutual Funds Trust)

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IMCO. IMCO shall indemnify and hold harmless Wellington ManagementNTI, any affiliated persons thereof (within the meaning of the 1940 Act) and any controlling persxxx xxxxeof (collectivelyas described in Section 15 of the 1933 Act)(collectively, Wellington Management IndemnitiesNTI Indemnitees) for any and all losses, claims, damages, liabilities or litigation (including reasonable legal and other expenses) Losses to which the Wellington Indemnities NTI Indemnitees may become subject under the 1933 Act, the 1940 Act, the Advisers Act, or under any other statute, at common law or otherwise arising out of (i) any gross negligence, willful misconduct, bad faith or reckless disregard by IMCO in the performance of any of its duties or obligations hereunder or (ii) any untrue statement of a material fact contained in the Prospectus and SAI, proxy materials, reports, advertisements, sales literature, or other materials pertaining to the Funds or the omission to state therein a material fact known to IMCO which was required to be stated therein or necessary to make the statements therein not misleading, unless such statement or omission was made in reliance upon information furnished in writing by Wellington Indemnities NTI Indemnitees to IMCO or the TrustCompany.

Appears in 1 contract

Samples: Investment Subadvisory Agreement (Usaa Mutual Fund Inc)

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