Common use of Indemnification by Custodian Clause in Contracts

Indemnification by Custodian. The Custodian shall indemnify and hold harmless the Trust from and against any loss, damage, cost, expense (including attorneys' fees and disbursements), liability (including without limitation, liability arising under the Securities Act of 1933, the 1934 Act, the 1940 Act, and any state or foreign securities and/or banking laws) or claim arising from the negligence, bad faith or willful misconduct of the Custodian or any Sub-Custodian appointed pursuant to Section 3.3 above, or any nominee of the Custodian or of such Sub-Custodian. The indemnification provided for herein shall survive the termination of this Agreement.

Appears in 10 contracts

Samples: Custody Agreement (Upright Investments Trust), Custody Agreement (Retirement Income Trust), Custody Agreement (Bertolet Capital Trust)

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Indemnification by Custodian. The Custodian shall indemnify and hold harmless the Trust from and against any loss, damage, cost, expense (including attorneys' fees and disbursements), liability (including without limitation, liability arising under the Securities Act of 1933, the 1934 Act, the 1940 Act, and any state or foreign securities and/or banking laws) or claim arising from the negligence, bad faith or willful misconduct of the Custodian or any Sub-Custodian appointed pursuant to Section 3.3 above, or any nominee of the Custodian or of such Sub-Custodian. The indemnification provided for herein shall survive the termination of this Agreementagreement.

Appears in 5 contracts

Samples: Custody Agreement (Ancora Trust), Custody Agreement (Investbio Opportunity Trust), Conestoga Funds Custody Agreement (Conestoga Funds)

Indemnification by Custodian. The Custodian shall indemnify and hold harmless the Trust Corporation from and against any loss, damage, cost, expense (including attorneys' fees and disbursements), liability (including without limitation, liability arising under the Securities Act of 1933, the 1934 Act, the 1940 Act, and any state or foreign securities and/or banking laws) or claim arising from the negligence, bad faith or willful misconduct of the Custodian or any Sub-Custodian appointed pursuant to Section 3.3 above, or any nominee of the Custodian or of such Sub-Custodian. The indemnification provided for herein shall survive the termination of this Agreement.

Appears in 5 contracts

Samples: Custody Agreement (Pebblebrook Fund Inc), Custody Agreement (Agile Funds Inc), Custody Agreement (Camco Investors Fund)

Indemnification by Custodian. The Custodian shall indemnify and hold harmless the Trust Company from and against any loss, damage, cost, expense (including attorneys' fees and disbursements), liability (including without limitation, liability arising under the Securities Act of 1933, the 1934 Act, the 1940 Act, and any state or foreign securities and/or banking laws) or claim arising from the negligence, bad faith or willful misconduct of the Custodian or any Sub-Custodian appointed pursuant to Section 3.3 above, or any nominee of the Custodian or of such Sub-Custodian. The indemnification provided for herein shall survive the termination of this Agreement.

Appears in 2 contracts

Samples: Custody Agreement (Weldon Capital Funds Inc), Custody Agreement (Weldon Capital Funds Inc)

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Indemnification by Custodian. [*] The Custodian shall indemnify and hold harmless the Trust Corporation from and against any loss, damage, cost, expense (including attorneys' fees and disbursements), liability (including without limitation, liability arising under the Securities Act of 1933, the 1934 Act, the 1940 Act, and any state or foreign securities and/or banking laws) or claim arising from the negligence, bad faith or willful misconduct of the Custodian or any Sub-Custodian appointed pursuant to Section 3.3 above, or any nominee of the Custodian or of such Sub-Custodian. [*] The indemnification provided for herein shall survive the termination of this Agreement.

Appears in 1 contract

Samples: Custody Agreement (Valgro Funds Inc)

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