Common use of Indemnification by Partners Clause in Contracts

Indemnification by Partners. In the event that the Partnership 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 Partner’s (or assignee’s) obligations or liabilities unrelated to the Partnership’s business, such Partner (or assignees cumulatively) shall indemnify, defend, hold harmless and reimburse the Partnership for such loss, liability, damage, cost and expense to which the Partnership shall become subject (including attorneys’ and accountants’ fees and expenses).

Appears in 17 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Managed Futures Premier Macro L.P.), Limited Partnership Agreement (Polaris Futures Fund L.P.)

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

Appears in 10 contracts

Samples: Limited Partnership Agreement (Ceres Classic L.P.), Limited Partnership Agreement, Limited Partnership Agreement (Morgan Stanley Smith Barney Charter Aspect L.P.)

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

Appears in 7 contracts

Samples: Limited Partnership Agreement (Morgan Stanley Smith Barney Spectrum Select Lp), Limited Partnership Agreement (Morgan Stanley Smith Barney Spectrum Strategic Lp), Limited Partnership Agreement (Ceres Tactical Currency L.P.)

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

Appears in 3 contracts

Samples: Limited Partnership Agreement (Bridgeton Global Directional Fund, Lp), Limited Partnership Agreement (Bridgeton Global Directional Fund, Lp), Limited Partnership Agreement (Bridgeton Tactical Advisors Fund, Lp)

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

Appears in 1 contract

Samples: Limited Partnership Agreement (RFMC Global Directional Fund LP)

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

Appears in 1 contract

Samples: Limited Partnership Agreement (Willowbridge Fund Lp)

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