Common use of Indemnification by LIFE COMPANY Clause in Contracts

Indemnification by LIFE COMPANY. LIFE COMPANY agrees to indemnify and hold harmless FUND, ADVISER and each of their directors, principals, officers, employees and agents and each person, if any, who controls FUND or ADVISER within the meaning of Section 15 of the '33 Act (collectively, the "Indemnified Parties" for purposes of this Article VII) against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of LIFE COMPANY, which consent shall not be unreasonably withheld) or litigation (including legal and other expenses), to which the Indemnified Parties may become subject under any statute, regulation, 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 or acquisition of FUND's shares or the Variable Contracts and:

Appears in 3 contracts

Samples: Fund Participation Agreement (Fulcrum Separate Account of First Allmerica Fin Life Ins Co), Fund Participation Agreement (Mony Variable Account L), Fund Participation Agreement (Fulcrum Separate Account Allmerica Fin Life Ins & Annuity Co)

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Indemnification by LIFE COMPANY. LIFE COMPANY agrees to indemnify and hold harmless FUNDTRUST, ADVISER WPG and each of their Trustees, directors, principals, officers, employees and agents and each person, if any, who controls FUND TRUST or ADVISER WPG within the meaning of Section 15 of the '33 Act (collectively, the "Indemnified Parties" for purposes of this Article VII) against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of LIFE COMPANY, which consent shall not be unreasonably withheld) or litigation (including legal and other expenses), to which the Indemnified Parties may become subject under any statute, regulation, 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 or acquisition of FUNDTRUST's shares or the Variable Contracts and:

Appears in 2 contracts

Samples: Fund Participation Agreement (Great American Reserve Insurance Co), Fund Participation Agreement (Great American Reserve Variable Annuity Account G)

Indemnification by LIFE COMPANY. LIFE COMPANY agrees to indemnify and hold harmless FUND, ADVISER and each of their Trustees, directors, principals, officers, employees and agents and each person, if any, who controls FUND or ADVISER within the meaning of Section 15 of the '33 Act (collectively, the "Indemnified Parties" for purposes of this Article VII") against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of LIFE COMPANY, which consent shall not be unreasonably withheld) or litigation (including legal and other expenses), to which the Indemnified Parties may become subject under any statute, regulation, 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 or acquisition of FUND's shares or the Variable Contracts and:

Appears in 1 contract

Samples: Fund Participation Agreement (Investors Mark Series Fund Inc)

Indemnification by LIFE COMPANY. LIFE COMPANY agrees to indemnify and hold harmless FUND, ADVISER FUND and each of their its directors, principals, officers, employees and agents and each person, if any, who controls FUND or ADVISER within the meaning of Section 15 of the '33 1933 Act (collectively, the "Indemnified Parties" for purposes of this Article VII) against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of LIFE COMPANY, which consent shall not be unreasonably withheld) or litigation (including legal and other expenses), to which the Indemnified Parties may become subject under any statute, regulation, 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 or acquisition of FUND's shares or the LIFE COMPANY'S Variable Contracts and:

Appears in 1 contract

Samples: Fund Participation Agreement (National Security Life & Annuity Co Variable Account L)

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Indemnification by LIFE COMPANY. LIFE COMPANY agrees to indemnify and hold harmless FUND, ADVISER and each of their directors, principals, officers, employees and agents and each person, if any, who controls FUND or ADVISER within the meaning of Section 15 of the '33 Act (collectively, the "Indemnified Parties" for purposes of this Article VII) against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of LIFE COMPANY, which consent shall not be unreasonably withheld) or litigation (including legal and other expenses), to which the Indemnified Parties may become subject under any statute, regulation, 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 or acquisition of FUND's shares or the Variable Contracts and:

Appears in 1 contract

Samples: Fund Participation Agreement (PBHG Insurance Series Fund Inc)

Indemnification by LIFE COMPANY. LIFE COMPANY agrees to indemnify and hold harmless FUNDTRUST, ADVISER and each of their Trustees, directors, principals, officers, employees and agents and each person, if any, who controls FUND TRUST or ADVISER within the meaning of Section 15 of the '33 Act (collectively, the "Indemnified Parties" for purposes of this Article VIISection 7.1) against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of LIFE COMPANY, which consent shall not be unreasonably withheld) or litigation or threatened litigation (including legal and other expenses), to which the Indemnified Parties may become subject under any statute, regulation, 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 or acquisition of FUNDTRUST's shares or the Variable Contracts and:

Appears in 1 contract

Samples: United of Omaha Separate Account C

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