Common use of INDEMNIFICATION BY BBOI WORLDWIDE Clause in Contracts

INDEMNIFICATION BY BBOI WORLDWIDE. 8.2(a). BBOI Worldwide agrees to indemnify and hold harmless the Insurance Company and each of its directors, officers, employees or agents, and each person, if any, who controls the Insurance Company within the meaning of Section 15 of the 1933 Act (collectively, the "Indemnified Parties" for purposes of this Section 8.2) against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of BBOI Worldwide) or litigation (including legal and other expenses) to which the Indemnified Parties may become subject under any statute, at common law or otherwise, insofar as such losses, claims, damages, liabilities or expenses (or actions in respect thereof) or settlements are related to the sale, acquisition or redemption of the Trust's shares or the Contracts and:

Appears in 6 contracts

Samples: Participation Agreement (Bma Variable Annuity Account A), Participation Agreement (Berger Institutional Products Trust), Participation Agreement (FSL Separate Account M)

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INDEMNIFICATION BY BBOI WORLDWIDE. 8.2(a). BBOI 8.2(a).BBOI Worldwide agrees to indemnify and hold harmless the Insurance Company and each of its directors, officers, employees or agents, and each person, if any, who controls the Insurance Company within the meaning of Section 15 of the 1933 Act (collectively, the "Indemnified Parties" for purposes of this Section 8.2) against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of BBOI Worldwide) or litigation (including legal and other expenses) to which the Indemnified Parties may become subject under any statute, at common law or otherwise, insofar as such losses, claims, damages, liabilities or expenses (or actions in respect thereof) or settlements are related to the sale, acquisition or redemption of the Trust's shares or the Contracts and:

Appears in 1 contract

Samples: Participation Agreement (Conseco Variable Annuity Account E)

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INDEMNIFICATION BY BBOI WORLDWIDE. 8.2(a). (a) BBOI Worldwide agrees to indemnify and hold harmless the Insurance Company and each of its directors, officers, employees or agents, and each person, if any, who controls the Insurance Company within the meaning of Section 15 of the 1933 Act (collectively, the "Indemnified Parties" for purposes of this Section 8.2) against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of BBOI Worldwide) or litigation (including legal and other expenses) to which the Indemnified Parties may become subject under any statute, at common law or otherwise, insofar as such losses, claims, damages, liabilities or expenses (or actions in respect thereof) or settlements are related to the sale, acquisition or redemption of the Trust's shares or the Contracts and:

Appears in 1 contract

Samples: Participation Agreement (Berger Institutional Products Trust)

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