Indemnification; Liability of the Series. a. The Fund shall indemnify the Custodian from all liability and expense, including reasonable counsel fees and expenses, arising out of the performance of the Custodian's obligations under this Agreement except as a result of the Custodian's negligence or willful misconduct.
Appears in 2 contracts
Samples: Custody and Services Agreement (Advantus Series Fund Inc), Custody and Services Agreement (Advantus Series Fund Inc)
Indemnification; Liability of the Series. a. (a) The Fund shall indemnify and hold the Custodian harmless from all liability and expense, including reasonable counsel fees and expenses, arising out of the performance of the Custodian's obligations under this Agreement except as a result of the Custodian's negligence or negligence, willful misconduct, violation of law applicable to the performance of custodial duties, or breach of this Agreement.
Appears in 1 contract
Samples: Custody and Services Agreement (Dreyfus Founders Funds Inc)
Indemnification; Liability of the Series. a. The Fund shall indemnify and hold the Custodian harmless from all liability and expense, including reasonable counsel fees and expenses, arising out of the performance of the Custodian's obligations under this Agreement except as a result of the Custodian's negligence or willful misconduct.
Appears in 1 contract
Samples: Services Agreement (Arbitrage Funds)