Common use of Indemnification by the Depositor Clause in Contracts

Indemnification by the Depositor. The Depositor agrees to indemnify the Trust and its employees, officers, directors, members and trustees (the "Trust Indemnified Parties") with respect to, and hold the Trust Indemnified Parties harmless from, any loss, liability or expense (including, but not limited to, reasonable legal fees) which the Trust Indemnified Parties may directly or indirectly incur or suffer by reason of, or which results, arises out of or is based upon the failure of the Depositor to comply with any covenants or other commitments made by the Depositor in this Agreement or any other agreement or document delivered by the Depositor in connection herewith.

Indemnification by the Depositor. The Depositor agrees to indemnify the Trust and its employees, officers, directors, members officers and trustees employees (the "Trust Indemnified Parties") with respect to, and hold the Trust Indemnified Parties harmless from, any loss, liability or expense (including, but not limited to, reasonable legal fees) which the Trust Indemnified Parties may directly or indirectly incur or suffer by reason of, or which results, arises out of or is based upon the failure of the Depositor to comply with any covenants or other commitments made by the Depositor in this Agreement or any other agreement or document delivered by the Depositor in connection herewith.

Indemnification by the Depositor. The Depositor agrees to indemnify the Trust and its employees, officers, directors, members and trustees (the "“Trust Indemnified Parties"”) with respect to, and hold the Trust Indemnified Parties harmless from, any loss, liability or expense (including, but not limited to, reasonable legal fees) which the Trust Indemnified Parties may directly or indirectly incur or suffer by reason of, or which results, arises out of or is based upon the failure of the Depositor to comply with any covenants or other commitments made by the Depositor in this Agreement or any other agreement or document delivered by the Depositor in connection herewith.