Common use of Indemnification by the Distributor Clause in Contracts

Indemnification by the Distributor. The Distributor shall indemnify and hold harmless the Company and each person, if any, who controls the Company within the meaning of Section 15 of the 1933 Act and any director, officer, employee or agent of the foregoing (collectively, the "Indemnified Parties" for purposes of this Section 8.2) against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of the Distributor which consent may not be unreasonably withheld) or litigation expenses (including reasonable legal and other expenses) to which the Indemnified Parties may become subject under any statute, 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 Trust's shares or the Contracts or the performance by the parties of their obligations hereunder and:

Appears in 44 contracts

Samples: Participation Agreement (Reliastar Select Life Variable Account), Participation Agreement (Southland Separate Account L1), Participation Agreement (Reliastar Select Life Variable Account)

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Indemnification by the Distributor. The Distributor shall indemnify and hold harmless the Company and each person, if any, who controls the Company within the meaning of Section 15 of the 1933 Act and any director, officer, employee or agent of the foregoing (collectively, the "Indemnified Parties" for purposes of this Section 8.2) against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of the Distributor which consent may not be unreasonably withheld) or litigation expenses (including reasonable legal and other expenses) to which the Indemnified Parties may become subject under any statute, 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 TrustING VPI's shares or the Contracts or the performance by the parties of their obligations hereunder and:

Appears in 9 contracts

Samples: Participation Agreement (Separate Account N of Reliastar Life), Participation Agreement (Southland Separate Account L1), Participation Agreement (Security Life Separate Account L1)

Indemnification by the Distributor. The Distributor shall indemnify and hold harmless the Company and each person, if any, who controls the Company within the meaning of Section 15 of the 1933 Act and any director, officer, employee or agent of the foregoing (collectively, the "Indemnified Parties" for purposes of this Section 8.2) against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of the Distributor which consent may not be unreasonably withheld) or litigation expenses (including reasonable legal and other expenses) to which the Indemnified Parties may become subject under any statute, 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 Trust's shares or the Contracts or the performance by the parties of their obligations hereunder and:

Appears in 8 contracts

Samples: Participation Agreement (Separate Account One of Northern Life Insurance Co), Participation Agreement (Separate Account One of Northern Life Insurance Co), Participation Agreement (Reliastar Life Insurance Co of New York)

Indemnification by the Distributor. The Distributor shall indemnify and hold harmless the Company and each person, if any, who controls the Company within the meaning of Section 15 of the 1933 Act and any director, officer, employee or agent of the foregoing (collectively, the "Indemnified Parties" for purposes of this Section 8.2) against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of the Distributor which consent may not be unreasonably withheld) or litigation expenses (including reasonable legal and other expenses) to which the Indemnified Parties may become subject under any statute, 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 Trust's ’s shares or the Contracts or the performance by the parties of their obligations hereunder and:

Appears in 3 contracts

Samples: Participation Agreement (Ing Variable Insurance Trust), Participation Agreement (Security Life Separate Account L1), Participation Agreement (Security Life Separate Account L1)

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Indemnification by the Distributor. The Distributor shall indemnify and hold harmless the Company and each person, if any, who controls the Company within the meaning of Section 15 of the 1933 Act and any director, officer, employee or agent of the foregoing (collectively, the "Indemnified Parties" for purposes of this Section 8.2) against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of the Distributor which consent may not be unreasonably withheld) or litigation expenses (including reasonable legal and other expenses) to which the Indemnified Parties may become subject under any statute, 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 TrustING SAP's shares or the Contracts or the performance by the parties of their obligations hereunder and:

Appears in 2 contracts

Samples: Participation Agreement (Separate Account N of Reliastar Life), Participation Agreement (Ing Strategic Allocation Portfolios Inc)

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