Common use of Indemnification by Xxxxx Clause in Contracts

Indemnification by Xxxxx. Xxch Fund will indemnify and hold Van Kampen harmless from all loss, cost, damage and expensx, xxxxxxxng reasonable expenses for legal counsel, incurred by Van Kampen resulting from (a) any claim, demand, action or xxxx xx xonnection with Van Kampen's acceptance of this Agreement; (b) an action ox xxxxxxxx xy Van Kampen in the performance of its duties hereunder; (c) Xxx Xxxxxn's acting upon instructions believed by it to haxx xxxx xxxxuted by a duly authorized officer of the Fund; or (d) Van Kampen's acting upon information provided by the Fund xx xxxx xxx under policies agreed to by Van Kampen and the Fund. Van Kampen shall not be entitled to such xxdemnification ix xxxxxxx of action or omissions constituting negligence or willful misconduct of Van Kampen or its agents or contractors. Prior to admittinx xxx xxxxm against it which may be subject to this indemnification, Van Kampen shall give the Fund reasonable opportunity to dxxxxx xxxxnst said claim on its own name or in the name of Van Kampen.

Appears in 9 contracts

Samples: Legal Services Agreement (Van Kampen Tax Free Trust), Legal Services Agreement (Van Kampen Prime Rate Income Trust), Legal Services Agreement (Van Kampen Equity Trust Ii)

AutoNDA by SimpleDocs

Indemnification by Xxxxx. Xxch Xxxh Fund will indemnify and hold Van Kampen harmless from all loss, cost, damage and expensxexpense, xxxxxxxng xxxxxxxxg reasonable expenses for legal counsel, incurred by Van Kampen resulting from (a) any claim, demand, action or xxxx xx xonnection xxnnection with Van Kampen's acceptance of this Agreement; (b) an action ox or xxxxxxxx xy xx Van Kampen in the performance of its duties hereunder; (c) Xxx XxxxxnXxxxxx's acting upon instructions believed by it to haxx havx xxxx xxxxuted xxxxxted by a duly authorized officer of the Fund; or (d) Van Kampen's acting upon information provided by the Fund xx ix xxxx xxx under xnder policies agreed to by Van Kampen and the Fund. Van Kampen shall not be entitled to such xxdemnification ix xxxxxxx of tx xxxx xxxemnification in respexx xf action or omissions constituting negligence or willful misconduct of Van Kampen or its agents or contractors. Prior to admittinx xxx xxxxm admitting any cxxxx against it which may be subject to this indemnification, Van Kampen shall give the Fund reasonable opportunity to dxxxxx xxxxnst dexxxx xxxxxst said claim on its own name or in the name of Van Kampen.

Appears in 1 contract

Samples: Legal Services Agreement (Van Kampen Partners Trust)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!