Common use of Indemnification by the Adviser and Distributor Clause in Contracts

Indemnification by the Adviser and Distributor. (a) The Adviser and Distributor each agrees to indemnify and hold harmless the Company and each of its directors, officers, employees or agents and each person, if any, who controls or is associated with the Company within the meaning of such terms under the federal securities (collectively, the “Indemnified Parties” for purposes of this Section 8.2) against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of the Adviser and Distributor) or litigation in respect thereof (including reasonable 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 litigation in respect thereof) or settlements:

Appears in 16 contracts

Samples: Participation Agreement (First Investors Life Separate Account E), Participation Agreement (First Investors Life Variable Annuity Fund D), Participation Agreement (First Investors Life Level Premium Variable Lif Ins Sep Ac B)

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Indemnification by the Adviser and Distributor. (a) The Adviser and Distributor each agrees to indemnify and hold harmless the Company and each of its directors, officers, employees or agents and each person, if any, who controls or is associated with the Company within the meaning of such terms under the federal securities laws (collectively, the “Indemnified Parties” for purposes of this Section 8.2) against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of the Adviser and Distributor) or litigation in respect thereof (including reasonable 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 litigation in respect thereof) or settlements:

Appears in 4 contracts

Samples: Participation Agreement (Value Line Centurion Fund Inc), Participation Agreement (Value Line Funds Variable Trust), Participation Agreement (Value Line Funds Variable Trust)

Indemnification by the Adviser and Distributor. (a) The Adviser and Distributor each agrees to indemnify and hold harmless the Company and each of its directors, officers, employees or agents and each person, if any, who controls or is associated with the Company within the meaning of such terms under the federal securities (collectively, the "Indemnified Parties" for purposes of this Section 8.2) against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of the Adviser and Distributor) or litigation in respect thereof (including reasonable 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 litigation in respect thereof) or settlements:

Appears in 3 contracts

Samples: Participation Agreement (Symetra Resource Variable Account B), Agreement (Metropolitan Life Separate Account Ul), Fund Participation Agreement (American Separate Account 5)

Indemnification by the Adviser and Distributor. (a) The Adviser and Distributor each agrees to indemnify and hold harmless the Company and each of its directors, officers, employees or agents and each person, if any, who controls or is associated with the Company within the meaning of such terms under the federal securities (collectively, the "Indemnified Parties" for purposes of this Section 8.2) against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of the Adviser and Distributor) or litigation in respect thereof (including reasonable 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 litigation actions in respect thereof) or settlements:

Appears in 2 contracts

Samples: Participation Agreement (Sun Life of Canada U S Variable Account I), Participation Agreement (Sun Life of Canada U S Variable Account G)

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Indemnification by the Adviser and Distributor. (a) The Adviser and Distributor each agrees to indemnify and hold harmless the Company and each of its directors, officers, employees or agents and each person, if any, who controls or is associated with the Company within the meaning of such terms under the federal securities (collectively, the “Indemnified Parties” for purposes of this Section 8.2) against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of the Adviser and Distributor) or litigation in respect thereof (including reasonable 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 litigation in respect thereof) or settlements, that:

Appears in 1 contract

Samples: Participation Agreement (Mutual of America Separate Account No 2)

Indemnification by the Adviser and Distributor. (a) The Adviser and Distributor each agrees agree to indemnify and hold harmless the Company and each of its directors, officers, employees or agents Phoenix and each person, if any, who controls or is associated with the Company Phoenix within the meaning of such terms term under the federal securities laws and any director, officer, employee or agent of the foregoing (collectively, the “Indemnified Parties” for purposes of this Section 8.2) against any and all losses, claims, expenses, damages, liabilities (including amounts paid in settlement with the written consent of the Adviser and Distributor) or litigation actions in respect thereof (including reasonable 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 litigation actions in respect thereof) or settlements:

Appears in 1 contract

Samples: Participation Agreement (Phoenix Life Variable Universal Life Account)

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