Common use of Indemnification of Trust Clause in Contracts

Indemnification of Trust. Forum shall indemnify and hold the Trust and each Fund or Class thereof harmless from and against any and all losses, damages, costs, charges, reasonable counsel fees, payments, expenses and liability arising out of or attributed to any action or failure or omission to act by Forum as a result of Forum's lack of good faith, gross negligence or willful misconduct with respect to the services performed under or in connection with this Agreement.

Appears in 19 contracts

Samples: Administration Agreement (Forum Funds), Administration Agreement (Forum Funds), Administration Agreement (Forum Funds)

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Indemnification of Trust. Forum shall indemnify and hold the Trust and each Fund or Class class thereof harmless from and against any and all losses, damages, costs, charges, reasonable counsel fees, payments, expenses and liability arising out of or attributed to any action or failure or omission to act by Forum as a result of Forum's lack of good faith, gross negligence or willful misconduct with respect to the services performed under or in connection with this Agreement.

Appears in 2 contracts

Samples: Transfer Agency and Services Agreement (Highland Family of Funds), Transfer Agency and Services Agreement (Highland Family of Funds)

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