Common use of Immunity and Indemnification Clause in Contracts

Immunity and Indemnification. The TRUSTEE shall not incur personal liability of any nature in connection with any act or omission, made in good faith, in the administration of this Trust, or in carrying out any directions by the GRANTOR or the DIRECTOR issued in accordance with this AGREEMENT. The TRUSTEE shall be indemnified and saved harmless by the GRANTOR or from the Trust FUND, or both, from and against any personal liability to which the TRUSTEE may be subjected by reason of any act or conduct in its official capacity, including all expenses reasonably incurred in its defense in the event the GRANTOR fails to provide such defense.

Appears in 8 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

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Immunity and Indemnification. The TRUSTEE shall not incur personal liability of any nature in connection with any act or omission, made in good faith, in the administration of this Trust, or in carrying out any directions by the GRANTOR or and the DIRECTOR issued in accordance with this AGREEMENT. The TRUSTEE shall be indemnified and saved harmless by the GRANTOR or from the Trust FUND, or both, from and against any personal liability to which the TRUSTEE may be subjected by reason of any act or conduct in its official capacity, including all expenses reasonably incurred in its defense in the event the GRANTOR fails to provide such defense.

Appears in 3 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

Immunity and Indemnification. The TRUSTEE shall not incur personal liability of any nature in connection with any act or omission, made in good faith, in the administration of this Trust, or in carrying out any directions by the GRANTOR PERMITTEE or the DIRECTOR ADEQ Director issued in accordance with this AGREEMENTAgreement. The TRUSTEE shall be indemnified and saved harmless by the GRANTOR PERMITTEE or from the Trust FUND, or both, from and against any personal liability to which the TRUSTEE may be subjected by reason of any act or conduct in its official capacity, including all expenses reasonably incurred in its defense in the event the GRANTOR PERMITTEE fails to provide such defense.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Immunity and Indemnification. The TRUSTEE shall may not incur personal liability of any nature in connection with any act or omission, omission made in good faith, faith in the administration of this Trust, TRUST or in carrying out any directions by the GRANTOR or the DIRECTOR DEPARTMENT issued in accordance with this AGREEMENT. The TRUSTEE shall must be indemnified and saved harmless by the GRANTOR or from the Trust FUNDTRUST, or both, from and against any personal liability to which the TRUSTEE may be subjected by reason of any act or conduct in its official capacity, including all expenses reasonably incurred in its defense in the event the GRANTOR fails to provide such defense.

Appears in 1 contract

Samples: Trust Agreement

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Immunity and Indemnification. The TRUSTEE shall not incur personal liability of any nature in connection with any act or omission, made in good faith, in the administration of this Trusttrust, or in carrying out any directions by the GRANTOR or the DIRECTOR DEPARTMENT issued in accordance with this AGREEMENT. The TRUSTEE shall be indemnified and saved harmless by the GRANTOR or from the Trust FUNDtrust fund, or both, from and against any personal liability to which the TRUSTEE may be subjected by reason of any act or conduct in its official capacity, including all expenses reasonably incurred in its defense in the event the GRANTOR fails to provide such defense.

Appears in 1 contract

Samples: Trust Agreement

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