Common use of Indemnification by the Client Clause in Contracts

Indemnification by the Client. The Client agrees to indemnify the Custodian and each Subcustodian and to hold the Custodian and each such Subcustodian 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 such 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.

Indemnification by the Client. The Client agrees to indemnify ----------------------------- the Custodian and each Subcustodian and to hold the Custodian and each such Subcustodian 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 such 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.

Indemnification by the Client. The Client agrees to indemnify the Custodian and each Subcustodian and to hold the Custodian and each such Subcustodian 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 such 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. 17.