Common use of Indemnification of the Fund Clause in Contracts

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 Trust/Four Corners Senior Floating Rate Income Fund), Transfer Agency Services Agreement (First Trust Four Corners Senior Floating Rate Income Fund Ii), Administration and Accounting Services Agreement (First Trust/Fiduciary Asset Management Covered Call 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!