Common use of Indemnification by the Master Portfolios Clause in Contracts

Indemnification by the Master Portfolios. (a) The Master Portfolios will indemnify and hold harmless the Feeder Funds, the Feeder Trust, and their respective trustees, officers and employees and each other person who controls the Feeder Funds, as the case may be, within the meaning of Section 15 of the 1933 Act (each, a “Feeder Fund Covered Person” and collectively, “Feeder Fund Covered Persons”), against any and all Liabilities, joint or several, whether incurred directly by the Feeder Funds or through a Feeder Fund’s Investment in a Master Portfolio, which

Indemnification by the Master Portfolios. (a) The Master Portfolios will indemnify and hold harmless the Feeder Funds, the Feeder Company, NextShares Trust, the Feeder Funds’ investment adviser and their respective trustees, directors, officers and employees and each other person who controls the Feeder Funds, as the case may be, within the meaning of Section 15 of the 1933 Act (each, a “Feeder Fund Covered Person” and collectively, “Feeder Fund Covered Persons”), against any and all Liabilities, joint or several, whether incurred directly by the Feeder Funds or through a Feeder Fund’s Investment in a Master Portfolio, which