Common use of Indemnification by Members Clause in Contracts

Indemnification by Members. In the event that the Company or a Series is made a party to any claim, dispute, or litigation or otherwise incurs any loss or expense as a result of, or in connection with, any Member’s (or assignee’s) obligations or liabilities unrelated to the Company’s business, such Member (or assignees cumulatively) shall indemnify, defend, hold harmless and reimburse the Company for such loss, liability, damage, cost and expense to which the Company shall become subject (including attorneys’ and accountants’ fees and expenses).

Appears in 4 contracts

Samples: Limited Liability Company Agreement (Rjo Global Trust), Limited Liability Company Agreement (Rjo Global Trust), Limited Liability Company Agreement (Rjo Global Trust)

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