Common use of Indemnification by Xxxxxxxxx Clause in Contracts

Indemnification by Xxxxxxxxx. The Custodian shall indemnify and hold harmless the Adviser from and against any and all claims, demands, losses, expenses, and liabilities of any and every nature (including reasonable attorneys’ fees) that the Adviser may sustain or incur or that may be asserted against the Adviser by any person arising directly or indirectly out of any action taken or omitted to be taken by an Indemnified Party as a result of the Indemnified Party’s refusal or failure to comply with the terms of this Agreement (or any sub-custody agreement), or from its bad faith, negligence or willful misconduct in the performance of its duties under this Agreement (or any sub-custody agreement). This indemnity shall be a continuing obligation of the Custodian, its successors and assigns, notwithstanding the termination of this Agreement. As used in this paragraph, the term “Adviser” shall include the Adviser’s officers and employees.

Appears in 2 contracts

Samples: Custody Agreement (Aristotle Funds Series Trust), Custody Agreement (Aristotle Funds Series Trust)

AutoNDA by SimpleDocs

Indemnification by Xxxxxxxxx. The Custodian shall indemnify and hold harmless the Adviser Fund from and against any and all claims, demands, losses, expenses, and liabilities of any and every nature (including reasonable attorneys’ fees) that the Adviser Fund may sustain or incur or that may be asserted against the Adviser Fund by any person arising directly or indirectly out of any action taken or omitted to be taken by an Indemnified Party as a result of the Indemnified Party’s refusal or failure to comply with the terms of this Agreement (or any sub-custody agreement), or from its fraud, bad faith, negligence or willful misconduct in the performance of its duties under this Agreement (or any sub-custody agreement). This indemnity shall be a continuing obligation of the Custodian, its successors and assigns, notwithstanding the termination of this Agreement. As used in this paragraph, the term “AdviserFund” shall include the AdviserFund’s trustees, officers and employees.

Appears in 1 contract

Samples: Custody Agreement (First Eagle Private Credit Fund)

Indemnification by Xxxxxxxxx. The Custodian shall indemnify and hold harmless the Adviser Fund from and against any and all claims, demands, losses, expenses, and liabilities of any and every nature (including reasonable attorneys’ fees) that the Adviser Fund may sustain or incur or that may be asserted against the Adviser Fund by any person arising directly or indirectly out of any action taken or omitted to be taken by an Indemnified Party as a result of the Indemnified Party’s refusal or failure to comply with the terms of this Agreement (or any sub-custody agreement), or from its bad faith, negligence negligence, fraud or willful misconduct in the performance of its duties under this Agreement (or any sub-custody agreement). This indemnity shall be a continuing obligation of the Custodian, its successors and assigns, notwithstanding the termination of this Agreement. As used in this paragraph, the term “AdviserFund” shall include the AdviserFund’s trustees, officers and employees.

Appears in 1 contract

Samples: Custody Agreement (Axonic Alternative Income Fund)

Indemnification by Xxxxxxxxx. The Custodian shall indemnify and hold harmless the Adviser Fund from and against any and all claims, demands, losses, expenses, and liabilities of any and every nature (including reasonable attorneys’ fees) that the Adviser Fund may sustain or incur or that may be asserted against the Adviser Fund by any person person, arising directly or indirectly out of any action taken or omitted to be taken by an Indemnified Party as a result of the Indemnified Party’s refusal or failure to comply with the terms of this Agreement (or any sub-custody agreement), or from its bad faith, negligence negligence, fraud or willful misconduct in the performance of its duties under this Agreement (or any sub-custody agreement). This indemnity shall be a continuing obligation of the Custodian, its successors and assigns, notwithstanding the termination of this Agreement. As used in this paragraph, the term “AdviserFund” shall include the AdviserFund’s directors, officers and employees.

Appears in 1 contract

Samples: Private Investment Company (WTI Fund XI, Inc.)

AutoNDA by SimpleDocs

Indemnification by Xxxxxxxxx. The Custodian shall indemnify and hold harmless the Adviser Fund from and against any and all claims, demands, losses, expenses, and liabilities of any and every nature (including reasonable attorneys’ fees) that the Adviser Fund may sustain or incur or that may be asserted against the Adviser Fund by any person arising directly or indirectly out of any action taken or omitted to be taken by an Indemnified Party as a result of the Indemnified Party’s refusal or failure to comply with the terms of this Agreement (or any sub-custody agreement), or from its bad faith, fraud, negligence or willful misconduct in the performance of its duties under this Agreement (or any sub-custody agreement). This indemnity shall be a continuing obligation of the Custodian, its successors and assigns, notwithstanding the termination of this Agreement. As used in this paragraph, the term “AdviserFund” shall include the Fund’s directors and officers and the Adviser’s officers and employees.

Appears in 1 contract

Samples: Custody Agreement (Oxford Park Income Fund, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.