Common use of Indemnification for Errors Clause in Contracts

Indemnification for Errors. In the event of any error or delay with respect to information regarding the purchase, redemption, transfer, pricing or registration of Shares of the Fund, the parties agree that each is obligated to make the Separate Accounts and/or the Fund, respectively, whole for any error or delay that it causes, subject in each case to the related Portfolio's policies on materiality of pricing errors, if applicable. In addition, the parties specifically agree that any indemnification relating to the costs of reprocessing of transactions will be limited to the reasonable costs of such reprocessing as may be necessary to adjust its respective accounting and/or record- keeping systems as a result of an error or delay; provided, however, that (1) there will be no costs payable with respect to any error or delay identified within two Business Days following the applicable trade date, and (2) the maximum amount as to which either party will be responsible for indemnification for reprocessing costs with respect to any error or delay is $2,000 per occurrence. Each party agrees to provide the other with prompt notice of any errors or delays of the type referred to in this Section and to use reasonable efforts to take such action as may be appropriate to avoid or mitigate any such costs or losses.

Indemnification for Errors. In the event of any error or delay with respect to information regarding the purchase, redemption, transfer, pricing transfer or registration of Shares of the FundFunds, the parties agree that each is obligated to make the Separate Accounts and/or the FundFunds, respectively, whole for any error or delay that it causes, subject in each case to the related PortfolioFund's policies on materiality of pricing errors, if applicable. In addition, the parties specifically agree that any indemnification relating to the costs of reprocessing of transactions will be limited to the reasonable costs of such reprocessing as may be necessary to adjust its respective accounting and/or record- record-keeping systems as a result of an error or delay; provided, however, that (1) there will be no costs payable with respect to any error or delay identified within two Business Days following the applicable trade date, and (2) the maximum amount as to which either party will be responsible for indemnification for reprocessing costs with respect to any error or delay is $2,000 per occurrence. Each party agrees to provide the other with prompt notice of any errors or delays of the type referred to in this Section and to use reasonable efforts to take such action as may be appropriate to avoid or mitigate any such costs or losses.

Indemnification for Errors. In the event of any error or delay with -------------------------- respect to information regarding the purchase, redemption, transfer, pricing or registration of Shares of the Fund, the parties agree that each is obligated to make the Separate Accounts and/or the Fund, respectively, whole for any error or delay that it causes, subject in each case to the related Portfolio's policies on materiality of pricing errors, if applicable. In addition, the parties specifically agree that any indemnification relating to the costs of reprocessing of transactions will be limited to the reasonable costs of such reprocessing as may be necessary to adjust its respective accounting and/or record- record-keeping systems as a result of an error or delay; provided, however, that (1) there will be no costs payable with respect to any error or delay identified within two Business Days following the applicable trade date, and (2) the maximum amount as to which either party will be responsible for indemnification for reprocessing costs with respect to any error or delay is $2,000 per occurrence. Each party agrees to provide the other with prompt notice of any errors or delays of the type referred to in this Section and to use reasonable efforts to take such action as may be appropriate to avoid or mitigate any such costs or losses.

Indemnification for Errors. In the event of any error or delay with respect to information regarding the purchase, redemption, transfer, pricing transfer or registration of Shares of the FundFunds, the parties agree that U1at each is obligated to make the Separate Accounts and/or the FundFunds, respectively, whole for any error or delay that it causes, subject in each case to the related Portfolio's Fund’s policies on materiality of pricing errors, if applicable. In additionaddition , the parties specifically agree that any indemnification relating to the costs of reprocessing of transactions will be limited to the reasonable costs of such reprocessing as may be necessary to adjust its respective accounting and/or record- record-keeping systems as a result of an error or delay; provided, however, that (1) there will be no costs payable with respect to any error or delay identified within two Business Days following the applicable trade date, and (2) the maximum amount as to which either party will be responsible for indemnification for reprocessing costs with respect to any error or delay is $2,000 per occurrence. Each party agrees to provide the other with prompt notice of any errors or delays of the type referred to in this Section and to use reasonable efforts to take such action as may be appropriate to avoid or mitigate any such costs or losses.