Common use of Indemnification of GFS Clause in Contracts

Indemnification of GFS. Each Trust with respect to itself shall, on behalf of each of its respective Funds, indemnify and hold GFS harmless from and against any and all losses, damages, costs, charges, reasonable attorney or consultant fees, payments, expenses and liability arising out of or attributable to such Trust’s refusal or failure to comply with the terms of this Agreement, breach of any representation or warranty made by the such Trust contained in this Agreement, or which arise out of such Trust’s lack of good faith, gross negligence or willful misconduct with respect to such Trust’s performance under or in connection with this Agreement. Each Trust with respect to itself and on behalf of its respective Funds shall hold GFS harmless and GFS shall not be liable for and shall be entitled to rely

Appears in 2 contracts

Samples: Fund Services Agreement (Arrow Investments Trust), Fund Services Agreement (Arrow ETF Trust)

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Indemnification of GFS. Each The Trust with respect to itself shall, on behalf of each of its respective Fundsapplicable Fund, indemnify and hold GFS harmless from and against any and all losses, damages, costs, charges, reasonable attorney and documented fees of one external counsel or consultant feesconsultant, payments, expenses and liability (collectively, “Losses”), arising out of or attributable to such the Trust’s refusal or failure to comply with the terms of this Agreement, breach of any representation or warranty made by the such Trust contained in this Agreement, or which arise out of such the Trust’s lack of good faith, gross negligence or willful misconduct with respect to such the Trust’s performance under or in connection with this Agreement. Each Trust with respect to itself and on behalf of its respective Funds shall hold GFS harmless and GFS shall not be liable without liability for and shall be entitled any action reasonably taken or omitted pursuant to relythis Agreement.

Appears in 1 contract

Samples: Fund Services Agreement (Equinox Frontier Heritage Fund)

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Indemnification of GFS. Each Trust with respect to itself shall, on behalf of each of its respective Funds, indemnify and hold GFS harmless from and against any and all losses, damages, costs, charges, reasonable attorney or consultant fees, payments, expenses and liability arising out of or attributable to such Trust’s refusal or failure to comply with the terms of this Agreement, breach of any representation or warranty made by the such Trust contained in this Agreement, or which arise out of such Trust’s lack of good faith, gross negligence or willful misconduct with respect to such Trust’s performance under or in connection with this Agreement. Each Trust with respect to itself and on behalf of its respective Funds shall hold GFS harmless and GFS shall not be liable for and shall be entitled to relyrely upon and may act upon information, advice, records, reports and requests generated by the Funds, the Fund’s legal counsel and the Fund’s independent accountants. GFS shall be without liability for any action reasonably taken or omitted pursuant to this Agreement.

Appears in 1 contract

Samples: Fund Services Agreement (Arrow Investments Trust)

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