Common use of Indemnification of Affiliated Companies for ServicesProvided Clause in Contracts

Indemnification of Affiliated Companies for ServicesProvided. Notwithstanding any other provision of this Agreement, the Client shall also reimburse, compensate, indemnify and hold harmless any and all Affiliated Companies, including without limitation Xxxxx and Co or CIL, from and against all Actions and for all Losses suffered by such Affiliated Companies in connection with any service they provide to CESL in respect of Client pursuant to agreements such Affiliated Companies have with CESL, including in relation to any clearing agreements such Affiliated Companies have with CESL and any Accounts such Affiliated Companies hold for Client, and any Order (including those received by Client from its customers) or Transaction (including those relating to Orders received by the Client from its customers) Affiliated Companies execute or clear in relation to the Client, including any failure by the Client to meet a margin call.

Appears in 4 contracts

Samples: Cowen Execution Services, Cowen Execution Services, Cowen Execution Services

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