Indemnification Determinations. Indemnification of an Indemnified Person pursuant to Section 8.4 shall be made if (a) the court or body before whom the proceeding is brought determines, in a final decision on the merits, that such Indemnified Person was not liable by reason of Disabling Conduct or (b) in the absence of such a determination, a majority of
Appears in 9 contracts
Samples: Agreement and Declaration of Trust (New Perspective Fund), Agreement and Declaration of Trust (Tax Exempt Bond Fund of America), Agreement and Declaration of Trust (American Funds Short-Term Tax-Exempt Bond Fund)
