Indemnification by Lender. The Lender agrees to indemnify and hold harmless the Agent from and against any and all damages, losses, costs, Taxes (as hereinafter defined) and fees incurred by the Agent that result from: (i) any action taken or omitted to be taken by the Agent in acting in accordance with the terms of this Agency Agreement, or the Lending Agreements; or (ii) as a consequence of carrying out any Instructions of the Lender except where the Agent is negligent or acts with willful misconduct or fraud in carrying out those instructions.
Appears in 10 contracts
Samples: Global Securities Lending Agency Agreement (JPMorgan Institutional Trust), Global Securities Lending Agency Agreement (JPMorgan Institutional Trust), Global Securities Lending Agency Agreement (Jpmorgan Insurance Trust)
