Common use of Indemnification by the Companies Clause in Contracts

Indemnification by the Companies. Each Company shall indemnify and hold harmless the Fund, the Adviser and the Distributor and each person who controls the Fund, the Adviser or the Distributor within the meaning of such terms under the 1933 Act (but not any Participating Insurance Companies or Qualified Plans) and any officer, trustee, director, employee or agent of the foregoing, against any and all losses, claims, damages or liabilities, joint or several (including any investigative, legal and other expenses reasonably incurred in connection with, and any amounts paid with the written consent of that Company in settlement of, any action, suit or proceeding or any claim asserted), to which they or any of them may become subject under any statute or regulation, at common law or otherwise, insofar as such losses, claims, damages or liabilities are related to the sale or acquisition of the Fund's shares or the Contracts and:

Appears in 7 contracts

Samples: Pacific Select Exec Separate Account of Pacific Life & Annui, Pacific Select Exec Separate Account of Pacific Life & Annui, Pacific Select Exec Separate Account of Pacific Life & Annui

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Indemnification by the Companies. Each Company shall indemnify and hold harmless the Fund, the Adviser and the Distributor and each person who controls the Fund, Fund or the Adviser or the Distributor within the meaning of such terms under the 1933 Act (but not any Participating Insurance Companies or Qualified Plans) and any officer, trustee, director, employee or agent of the foregoing, against any and all losses, claims, damages or liabilities, joint or several (including any investigative, legal and other expenses reasonably incurred in connection with, and any amounts paid with the written consent of that such Company in settlement of, any action, suit or proceeding or any claim asserted), to which they or any of them may become subject under any statute or regulation, at common law or otherwise, insofar as such losses, claims, damages or liabilities are related to the sale or acquisition of the Fund's shares or the Contracts and:

Appears in 2 contracts

Samples: Agreement (Hancock John Variable Annuity Account H), Agreement (Hancock John Variable Annuity Account H)

Indemnification by the Companies. Each Company shall indemnify and hold harmless the Fund, the Adviser and the Distributor and each person who controls the Fund, the Adviser or the Distributor within the meaning of such terms under the 1933 Act (but not any Participating Insurance Companies or Qualified Plans) and any officer, trustee, director, employee or agent of the foregoing, against any and all losses, claims, damages or liabilities, joint or several (including any investigative, legal and other expenses reasonably incurred in connection with, and any amounts paid with the written consent of that Company in settlement of, any action, suit or proceeding or any claim asserted), to which they or any of them may become subject under any statute or regulation, at common law or otherwise, insofar as such losses, claims, damages or liabilities are related to the sale or acquisition of the Fund's ’s shares or the Contracts and:

Appears in 1 contract

Samples: Participation Agreement (Pacific Select Exec Separate Acct Pacific Life Ins)

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Indemnification by the Companies. Each Company shall indemnify and hold harmless the Fund, the Adviser and the Distributor and each person who controls the Fund, Fund or the Adviser or the Distributor within the meaning of such terms under the 1933 Act (but not any Participating Insurance Companies or Qualified Plans) and any officer, trustee, director, employee or agent of the foregoing, against any and all losses, claims, damages or liabilities, joint or several (including any investigative, legal and other expenses reasonably incurred in connection with, and any amounts paid with the written consent of that such Company in settlement of, any action, suit or proceeding or any claim asserted), to which they or any of them may become subject under any statute or regulation, at common law or otherwise, insofar as such losses, claims, damages or liabilities are related to the sale or acquisition of the Fund's ’s shares or the Contracts and:

Appears in 1 contract

Samples: Participation Agreement (Hancock John Variable Life Account U)

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