Common use of Indemnification by the Companies Clause in Contracts

Indemnification by the Companies. 8.1(a). Each Company agrees to indemnify and hold harmless the Fund and the Underwriter and each of their officers and directors and each person, if any, who controls the Fund or the Underwriter within the meaning of Section 15 of the 1933 Act (collectively, the "Indemnified Parties" for purposes of this Section 8.1) against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of said Company) or litigation (including legal and other expenses), to which the Indemnified Parties may become subject under any statute or regulation, at common law or otherwise, insofar as such losses, claims, damages, liabilities or expenses (or actions in respect thereof) or settlements are related to the sale or acquisition of the Fund's shares or the Contracts and:

Appears in 3 contracts

Samples: Participation Agreement (Ameritas Variable Separate Account V), Participation Agreement (Carillon Life Account), Ameritas Life Insurance Corp Separate Account LLVL

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Indemnification by the Companies. 8.1(a8.1.(a). Each Company agrees to The Companies will indemnify and hold harmless the Fund and the Underwriter Trust and each of their officers its Trustees and directors Officers and each person, if any, who controls the Fund or the Underwriter Trust within the meaning of Section 15 of the 1933 Act (collectively, the "Indemnified Parties" for purposes of this Section 8.1.) against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of said Companyone or both of the Companies) or litigation (including legal and other expenses), to which the Indemnified Parties may become subject under any statute or statute, regulation, at common law or otherwise, insofar as such losses, claims, damages, liabilities or expenses (or actions in respect thereof) or settlements are related to the sale or acquisition of the FundTrust's shares or the Contracts Variable Insurance Products and:

Appears in 1 contract

Samples: Participation Agreement (Steinroe Variable Investment Trust)

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