Common use of Indemnification of Shareholders Clause in Contracts

Indemnification of Shareholders. In case any Shareholder or former Shareholder shall be held to be personally liable solely by reason of his or her being or having been a Shareholder of the Trust or of a particular Series and not because of his or her acts or omissions or for some other reason, the Shareholder or former Shareholder (or his or her heirs, executors, administrators or other legal representatives or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled out of the assets of the Series of which he is a Shareholder or former Shareholder to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 32 contracts

Samples: Agreement and Declaration (Gmo Trust), Agreement and Declaration of Trust (Gmo Trust), Gmo Trust

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Indemnification of Shareholders. In case any Shareholder or former Shareholder shall be held to be personally liable solely by reason of his or her being or having been a Shareholder of the Trust or of a particular Series and not because of his or her acts or omissions or for some other reasonreasons, the Shareholder or former Shareholder (or his or her heirs, executors, administrators administrators, or other legal representatives or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled out of the assets of the Series of which he is a Shareholder or former Shareholder Trust to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 18 contracts

Samples: Maturities Trust Agreement (American Century Target Maturities Trust), Amended and Restated Agreement (American Century Target Maturities Trust), Municipal Trust Agreement (American Century Municipal Trust)

Indemnification of Shareholders. In case any Shareholder or former Shareholder shall be held to be personally liable solely by reason of his or her being or having been a Shareholder of the Trust or of a particular Series or Class and not because of his or her acts or omissions or for some other reason, the Shareholder or former Shareholder (or his or her heirs, executors, administrators or other legal representatives or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled out of the assets of the Series of which he or she is a Shareholder or former Shareholder to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 10 contracts

Samples: Agreement and Declaration (MassMutual Advantage Funds), Agreement and Declaration (MML Series Investment Fund II), Agreement and Declaration (MML Series Investment Fund)

Indemnification of Shareholders. In case the event that any Shareholder or former Shareholder shall be held to be personally liable solely by reason of his or her being or having been a Shareholder of the Trust or of a particular Series and not because of his or her acts or omissions or for some other reason, the Shareholder or former Shareholder (or his or her heirs, executors, administrators or other legal representatives or or, in the case of a corporation or other entity, its corporate or other general successor) shall be entitled indemnified by the Trust out of the assets of the Series of which he is a Shareholder or former Shareholder to be held harmless from and indemnified Trust’s property against all loss and expense arising from such liability.

Appears in 8 contracts

Samples: And Restated Agreement (Seven Hills Realty Trust), Agreement and Declaration of Trust (Seven Hills Realty Trust), Agreement and Declaration of Trust (RMR Mortgage Trust)

Indemnification of Shareholders. In case any Shareholder or former Shareholder shall be held to be personally liable solely by reason of his or her being or having been a Shareholder of the Trust or of a particular Series and not because of his or her acts or omissions or for some other reason, the Shareholder or former Shareholder (or his or her heirs, executors, administrators administrators, or other legal representatives or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled out of the assets of the Series of which he is a Shareholder or former Shareholder Trust to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 7 contracts

Samples: Agreement and Declaration of Trust (RS Variable Products Trust), Agreement and Declaration (Robertson Stephens Investment Trust), Agreement and Declaration (Franklin Principal Maturity Trust)

Indemnification of Shareholders. In case If any Shareholder or former Shareholder shall be of any Series is held to be personally liable solely by reason of his or her being or having been a Shareholder of the Trust or of a particular Series and not because of his or her acts or omissions or for some other reason, the Shareholder or former Shareholder (or his or her heirs, executors, administrators or other legal representatives or or, in the case of a corporation or other any entity, its corporate or other general successor) shall be entitled out of the assets belonging to the applicable Series (or the Trust in the event a Shareholder holds Shares of the Series of which he is Trust and not a Shareholder or former Shareholder Series) to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 3 contracts

Samples: PGIM Rock ETF Trust, PGIM Rock ETF Trust, Agreement (Pgim Etf Trust)

Indemnification of Shareholders. In case If any Shareholder or former Shareholder shall be held to be personally liable solely by reason of his or her being or having been a Shareholder of the Trust or of a particular Series and not because of his or her such Shareholder's acts or omissions or for some other reason, the Shareholder or former Shareholder (or his or his/her heirs, executors, administrators or other legal representatives representatives, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled out of the assets of the Series of which he is a Shareholder or former Shareholder to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 2 contracts

Samples: Agreement and Declaration (John Hancock Premium Dividend Fund), Hancock John Patriot Premium Dividend Fund Ii

Indemnification of Shareholders. In case any Shareholder or former Shareholder shall be held to be personally liable solely by reason of his or her being or having been a Shareholder of the Trust or of a particular Series and not because of his or her acts or omissions or for some other reason, the Shareholder or former Shareholder (or his or her heirs, executors, administrators administrators, or other legal representatives or of in the case of a corporation or other entity, its corporate or other general successor) shall be entitled out of the assets of the Series of which he is a Shareholder or former Shareholder Trust to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 2 contracts

Samples: Agreement and Declaration (Professionally Managed Portfolios), Exhibit Index (Professionally Managed Portfolios)

Indemnification of Shareholders. In case any Shareholder or former Shareholder of the Trust shall be held to be personally liable solely by reason of his or her being or having been a Shareholder of the Trust or of a particular Series any Portfolio or Class and not because of his or her acts or omissions or for some other reason, the Shareholder or former Shareholder (or his or her heirs, executors, administrators or other legal representatives or representatives, or, in the case of a corporation or other entity, its corporate or other general successor) shall be entitled out of the assets of belonging to the Series of which he is a Shareholder applicable Portfolio (or former Shareholder Class) to be held harmless from and indemnified against all loss and expense arising from such liabilityliability in accordance with the Bylaws and applicable law.

Appears in 2 contracts

Samples: Agreement and Declaration (Short Term Investments Trust), Aim Funds Group/De

Indemnification of Shareholders. In case any Shareholder or former Shareholder shall be held to be personally liable solely by reason of his or her being or having been a Shareholder of the Trust or of a particular Series and not because of his or her acts or omissions or for some other reason, the Shareholder or former Shareholder (or his or her heirs, executors, administrators administrators, or other legal representatives or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled out of the assets of the Series of which he is a Shareholder or former Shareholder Trust to be held harmless from and indemnified indemnification against all loss and expense arising from such liability.

Appears in 2 contracts

Samples: California Investment Trust Ii, California Investment Trust

Indemnification of Shareholders. In case If any Shareholder or former Shareholder shall be held to be personally liable solely by reason of his or her being or having been a Shareholder of the Trust or of a particular Series and not because of his or her such Shareholder’s acts or omissions or for some other reason, the Shareholder or former Shareholder (or his or his/her heirs, executors, administrators or other legal representatives representatives, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled out of the assets of the Series of which he is a Shareholder or former Shareholder to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 2 contracts

Samples: Agreement and Declaration (John Hancock Premium Dividend Fund), Agreement and Declaration (John Hancock Financial Opportunities Fund)

Indemnification of Shareholders. In case any Shareholder or former Shareholder shall be held to be personally liable solely by reason of his or her being or having been a Shareholder of the Trust or of a particular Series or class of Shares and not because of his or her acts or omissions or for some other reason, the Shareholder or former Shareholder (or his or her heirs, executors, administrators or other legal representatives or or, in the case of a corporation or other entity, its corporate or other general successor) shall be entitled out of the assets of the Series of which he or she is a Shareholder or was a former Shareholder to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Ashmore Funds), Agreement and Declaration of Trust (Ashmore Funds)

Indemnification of Shareholders. In case any Shareholder or former Shareholder shall be held to be personally liable solely by reason of his or her being or having been a Shareholder of the Trust or of a particular Series and not because of his or her acts or omissions or for some other reason, the Shareholder or former Shareholder (or his or her heirs, executors, administrators administrators, or other legal representatives or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled out of the assets of the Series of which he is a Shareholder or former Shareholder trust to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 1 contract

Samples: The Ehrenkrantz Trust (Ehrenkrantz Trust)

Indemnification of Shareholders. In case any Shareholder or former Shareholder of the Trust shall be held to be personally liable solely by reason of his or her being or having been a Shareholder of the Trust or of a particular Series any Portfolio or Class and not because of his or her acts or omissions or for some other reason, the Shareholder or former Shareholder (or his or her heirs, executors, administrators or other legal representatives or representatives, or, in the case of a corporation or other entity, its corporate or other general successor) shall be entitled out of the assets of belonging to the Series of which he is a Shareholder applicable Portfolio (or former Shareholder Class) to be held harmless from and indemnified against all loss and expense arising from such liabilityliability in accordance with the Bylaws and applicable law.

Appears in 1 contract

Samples: Exhibit 1 (Aim Special Opportunities Funds)

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Indemnification of Shareholders. In case any Shareholder or --------- ------------------------------- former Shareholder shall be held to be personally liable solely by reason of his or her being or having been a Shareholder of the Trust or of a particular Series and not because of his or her acts or omissions or for some other reason, the Shareholder or former Shareholder (or his or her heirs, executors, administrators or other legal representatives or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled out of the assets of the Series of which he is a Shareholder or former Shareholder shareholder to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 1 contract

Samples: Amended And (Mas Funds /Ma/)

Indemnification of Shareholders. In case any Shareholder shareholder or former Shareholder of the Trust shall be held to be personally liable solely by reason of his or her being or having been a Shareholder of the Trust or of a particular Series any Portfolio or Class and not because of his or her acts or omissions or for some other reason, the Shareholder or former Shareholder (or his or her heirs, executors, administrators or other legal representatives or representatives, or, in the case of a corporation or other entity, its corporate or other general successor) shall be entitled out of the assets of belonging to the Series of which he is a Shareholder applicable Portfolio (or former Shareholder Class) to be held harmless from and indemnified against all loss and expense arising from such liabilityliability in accordance with the Bylaws and applicable law.

Appears in 1 contract

Samples: Aim Investment Securities Funds Inc

Indemnification of Shareholders. In case any Shareholder or former Shareholder shall be held to be personally liable solely by reason of his or her being or having been a Shareholder of the Trust or of a particular Series and not because of his or her acts or omissions or for some other reason, the Shareholder or former Shareholder (or his or her heirs, executors, administrators or other legal representatives or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled out of the assets of the Series of which he is a Shareholder or former Shareholder shareholder to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 1 contract

Samples: Agreement (Morgan Stanley Institutional Fund Trust)

Indemnification of Shareholders. In case any Shareholder or --------- ------------------------------- former Shareholder shall be held to be personally liable solely by reason of his or her being or having been a Shareholder of the Trust or of a particular Series and not because of his or her acts or omissions or for some other reason, the Shareholder or former Shareholder (or his or her heirs, executors, administrators or other legal representatives or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled out of the assets of the Series of which he is a Shareholder or former Shareholder to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 1 contract

Samples: Agreement and Declaration (Composite Bond & Stock Fund Inc)

Indemnification of Shareholders. In case any Shareholder or former Shareholder shall be held to be personally liable solely by reason of his or her being or having been a Shareholder of the Trust or of a particular Series and not because of his or her acts or omissions or for some other reason, the Shareholder or former Shareholder (or his or her heirs, executors, administrators or other legal representatives or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled out of the assets of the Series of which he or she is a Shareholder or former Shareholder to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 1 contract

Samples: Portions of Agreement (Baupost Fund)

Indemnification of Shareholders. In case any Shareholder or --------- ------------------------------- former Shareholder shall be held to be personally liable solely by reason of his or her being or having been a Shareholder of the Trust or of a particular Series and not because of his or her here acts or omissions or for some other reason, the Shareholder or former Shareholder (or his or her heirs, executors, administrators or other their legal representatives or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled out of the assets of the Series of which he is a Shareholder or former Shareholder to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (New England Zenith Fund)

Indemnification of Shareholders. In case If any Shareholder or former Shareholder shall be held to be personally liable solely by reason of his or her being or having been a Shareholder of the Trust or of a particular Series and not because of his or her acts or omissions or for some other reasonreasons, the Shareholder or former Shareholder (or his or her heirs, executors, administrators administrators, or other legal representatives or or, in the case of a corporation or other entity, its corporate or other general successor) shall be entitled out of the assets of the Series of which he or she is (or was) a Shareholder or former Shareholder Shareholder, to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 1 contract

Samples: Agreement and Declaration (Benham Manager Funds)

Indemnification of Shareholders. In case any Shareholder or former Shareholder shall be held to be personally liable solely by reason of his or her being or having been a Shareholder of the Trust or of a particular Series and not because of his or her acts or omissions or for some other reason, the Shareholder or former Shareholder (or his or of her heirs, executors, administrators administrators, or other legal representatives or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled out of the assets of the Series of which he is a Shareholder or former Shareholder Trust to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 1 contract

Samples: Agreement and Declaration (Leahi Investment Trust)

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