Indemnification of the Fund. PFPC agrees to defend, indemnify and hold the Fund and its officers, directors and employees harmless from any and all Claims arising directly or indirectly from the negligence, bad faith or willful misfeasance of PFPC in the performance of its duties hereunder. Notwithstanding the foregoing, the Fund shall not be indemnified against any Claim caused by the Fund's or the Fund's other service providers' willful misfeasance, bad faith or negligence.
Appears in 60 contracts
Samples: Transfer Agency Services Agreement (First Defined Portfolio Management Fund LLC), Administration and Accounting Services Agreement (First Trust Strategic High Income Fund Iii), Custodian Services Agreement (First Trust Value Line R 100 Fund)
