Common use of Indemnification by the Client Clause in Contracts

Indemnification by the Client. The Client agrees to indemnify the Custodian and to hold the Custodian harmless from any loss or liability (including, without limitation, the reasonable fees and disbursements of counsel and other legal advisors) incurred by the Custodian or any Subcustodian in rendering services hereunder or in connection with any breach of the terms of this Agreement by the Client, except such loss or liability which results from the Custodian’s or such Subcustodian’s failure to exercise the standard of care required by Section 10(a) hereof.

Appears in 2 contracts

Samples: Global Custody Agreement, Global Custody Agreement (Maxim Series Fund Inc)

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Indemnification by the Client. The Client agrees to indemnify the Custodian and to hold the Custodian harmless from any loss or liability (including, without limitation, the reasonable fees and disbursements of counsel and other legal advisors) incurred by the Custodian or any Subcustodian in rendering services hereunder or in connection with any breach of the terms of this Agreement by the Client, except such loss or liability which results from the Custodian’s 's or such Subcustodian’s 's failure to exercise the standard of care required by Section 10(a) hereof.

Appears in 2 contracts

Samples: Custody Agreement (Maxim Series Fund Inc), Custodian Agreement (Maxim Series Fund Inc)

Indemnification by the Client. The Client agrees to indemnify the Custodian and to hold the Custodian harmless from any loss or liability (including, without limitation, the reasonable fees and disbursements of counsel and other legal advisors) incurred by the Custodian or any Subcustodian in rendering services hereunder to the Client or in connection with any breach of the terms of this Agreement by the such Client, except such loss or liability which results from the Custodian’s 's or such Subcustodian’s 's failure to exercise the standard of care required by Section 10(a) hereof.

Appears in 1 contract

Samples: Global Custody Agreement (Orchard Series Fund)

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Indemnification by the Client. The Client agrees to indemnify the Custodian and to hold the Custodian harmless from any loss or liability (including, without limitation, the reasonable fees and disbursements of counsel and other legal advisorsadvisers) incurred by the Custodian or any Subcustodian in rendering services hereunder or in connection with any breach of the terms of this Agreement by the Client, except such loss or liability which results from the Custodian’s or such Subcustodian’s 's failure to exercise the standard of care required by Section 10(a9(a) hereof.

Appears in 1 contract

Samples: Us Domestic Custody Agreement (Smith Barney Travelers Series Fund Inc)

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