Indemnification by MSIL. MSIL shall indemnify, defend and hold harmless Customer and its successors or assigns from and against any losses, liabilities, damages, costs or expenses (including in connection with the defense or settlement of claims; provided MSIL has approved such settlement) incurred as a direct result of the activities of MSIL or its affiliates, provided, further, that the act, omission, conduct or activity giving rise to the claim for indemnification was the result of bad faith, misconduct or negligence of MSIL or its affiliates.
Appears in 14 contracts
Samples: Escrow Agreement (Morgan Stanley Dean Witter Charter Grahm Lp), Customer Agreement (Morgan Stanley Spectrum Commodity Lp), Customer Agreement (Morgan Stanley Dean Witter Spectrum Select Lp)
Indemnification by MSIL. MSIL shall indemnify, defend and hold harmless Customer and its successors or assigns from and against any losses, liabilities, damages, costs or and expenses (including in connection with the defense or settlement of claims; provided MSIL has approved such settlement) incurred as a direct result of the activities of MSIL or its affiliates, provided, further, that the act, omission, conduct conduct, or activity giving rise to the claim for indemnification was the result of bad faith, misconduct or negligence of MSIL or its affiliates.
Appears in 8 contracts
Samples: Customer Agreement (BHM Discretionary Futures Fund L.P.), Customer Agreement (Morgan Stanley Managed Futures MV, L.P.), Customer Agreement (Morgan Stanley Charter Campbell Lp)
Indemnification by MSIL. MSIL shall indemnify, defend and hold harmless the Customer and its successors or assigns from and against any losses, liabilities, damages, costs or expenses (including in connection with the defense or settlement of claims; provided MSIL has approved such settlement) incurred as a direct result of the activities of MSIL or its affiliates, provided, further, that the act, omission, conduct or activity giving rise to the claim for indemnification was the result of bad faith, misconduct or negligence of MSIL or its affiliates.
Appears in 1 contract
Indemnification by MSIL. MSIL shall indemnify, defend and hold harmless Customer and its successors or assigns from and against any losses, liabilities, damages, costs or and expenses (including in connection with the defense or settlement of claims; provided MSIL has approved such settlement) incurred as a direct result of the activities of MSIL or its affiliates, provided, further, provided that the act, omission, conduct conduct, or activity giving rise to the claim for indemnification was the result of bad faith, misconduct or negligence of MSIL or its affiliatesnegligence.
Appears in 1 contract
Samples: Customer Agreement (Morgan Stanley Tangible Asset Fund L P)
Indemnification by MSIL. MSIL shall indemnify, defend and hold harmless Customer and its successors or assigns from and against any losses, liabilities, damages, costs or expenses (including in connection with the defense or settlement of claims; provided PROVIDED MSIL has approved such settlement) incurred as a direct result of the activities of MSIL or its affiliates, providedPROVIDED, furtherFURTHER, that the act, omission, conduct or activity giving rise to the claim for indemnification was the result of bad faith, misconduct or negligence of MSIL or its affiliates.
Appears in 1 contract
Samples: Customer Agreement (Morgan Stanley Dean Witter Spectrum Technical Lp)
