Common use of Indemnification by the Advisor Clause in Contracts

Indemnification by the Advisor. The Company shall not be responsible for, and the Advisor shall indemnify and hold the Company, the Funds and its directors, officers and agents harmless from and against, any and all losses, damages, costs, charges, counsel fees, payments, expenses and liability arising out of or attributable to the willful misfeasance, bad faith, gross negligence or reckless disregard of obligations or duties on the part of the Advisor or any of its officers, directors, employees or agents.

Indemnification by the Advisor. The Company shall will not be responsible for, and the Advisor shall will indemnify and hold the Company, the Funds and its directors, officers and agents harmless from and against, any and all losses, damages, costs, charges, counsel fees, payments, expenses and liability arising out of or attributable to the willful misfeasance, bad faith, gross negligence or reckless disregard of obligations or duties on the part of the Advisor or any of its officers, directors, employees or agents.

Indemnification by the Advisor. The Company shall not be responsible for, and the Advisor shall indemnify and hold the Company, the Funds its managers, members, shareholders, Partners, Board members, officers, employees and its directors, officers and agents Affiliates harmless from and againstagainst any loss, any damage, liability, claim, cost or expense (including, without limitation, reasonable attorneys’ fees and all losses, damages, costs, charges, counsel fees, payments, expenses and liability expenses) arising out of any act or attributable failure to act by the willful misfeasance, bad faithAdvisor Parties in the performance of their duties hereunder by reason of their fraud, gross negligence or reckless disregard of obligations or duties on the part of the Advisor or any of its officers, directors, employees or agentswillful misconduct and which are not fully reimbursed by insurance.