Common use of Indemnification of Client Clause in Contracts

Indemnification of Client. Agent agrees to defend, indemnify and hold Client and its officers, directors and employees harmless from any and all Claims arising directly or indirectly from the negligence, bad faith, reckless disregard or willful misfeasance of Agent and its affiliates in the performance of its duties hereunder. Notwithstanding the foregoing, Client shall not be indemnified against any Claim caused by Client's or Client's other service providers' willful misfeasance, bad faith or negligence.

Appears in 4 contracts

Samples: Service Agreement (First Trust Senior Floating Rate 2022 Target Term Fund), Service Agreement (First Trust New Opportunities MLP & Energy Fund), Service Agreement (First Trust MLP & Energy Income Fund)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!