Common use of INDEMNITIES AND LIMITATION OF LIABILITY Clause in Contracts

INDEMNITIES AND LIMITATION OF LIABILITY. 16.1. In addition to the indemnification provisions contained in this Agreement, Principal agrees to indemnify, defend and hold harmless Custodian and its affiliates providing services under this Agreement, including their respective officers, directors, agents and employees from all taxes, charges, expenses, assessments, claims and liabilities including, without limitation, reasonable attorneys' fees and disbursements and liabilities ("Claims") arising directly or indirectly from any action or omission to act which Custodian takes in connection with the provision of services to Principal. Neither Custodian, nor any of its affiliates, shall be indemnified against any liability (or any expenses incident to such liability) caused by Custodian's or its affiliates' own breach of their duty of law, willful misfeasance, bad faith, negligence or reckless disregard in the performance of Custodian's or its affiliates' activities under this Agreement. The provisions of this Paragraph 16 shall survive termination of this Agreement.

INDEMNITIES AND LIMITATION OF LIABILITY. 16.1. 16.1 In addition to the indemnification provisions contained in this Agreement, Principal Agreement Trust agrees to indemnify, defend and hold harmless Custodian and its affiliates providing services under this Agreement, including their respective officers, directors, agents and employees from all taxes, charges, expenses, assessments, claims and liabilities including, without limitation, reasonable attorneys' attorney’s fees and disbursements and liabilities ("Claims") arising directly or indirectly from any action or omission to act which Custodian takes in connection with the provision of services to Principal. Neither Trust Not withstanding anything to the contrary in this Agreement, neither Custodian, nor any of its affiliates, shall be indemnified against any liability (or any expenses incident to such liability) caused by Custodian's or its affiliates' own breach of their duty of lawrefusal or failure to comply with its obligations under this Agreement, willful misfeasance, bad faith, gross negligence or reckless disregard in the performance of Custodian's or its affiliates' activities under this Agreement. The provisions of this Paragraph 16 15 shall survive termination of this Agreement.

INDEMNITIES AND LIMITATION OF LIABILITY. 16.1. In addition to the indemnification provisions contained in this Agreement, Principal agrees to indemnify, defend and hold harmless Custodian and its affiliates providing services under this Agreement, including their respective officers, directors, agents and employees from all taxes, charges, expenses, assessments, claims and liabilities including, without limitation, reasonable attorneys' fees and disbursements and liabilities ("Claims") arising directly or indirectly from any action or omission to act which Custodian takes in connection with the provision of services to Principal. Neither Custodian, nor any of its affiliates, shall be indemnified against any liability (or any expenses incident to such liability) caused by Custodian's ’s, Sub-Custodian’s, Depository’s or its Custodian’s affiliates' own breach of their duty of law, willful misfeasance, bad faith, negligence or reckless disregard in the performance of Custodian's 's, Sub-Custodian’s, Depository’s or its Custodian’s affiliates' activities under this Agreement. The provisions of this Paragraph 16 shall survive termination of this Agreement.

INDEMNITIES AND LIMITATION OF LIABILITY. 16.1. In addition to the indemnification provisions contained in this Agreement, Principal agrees to indemnify, defend and hold harmless Custodian and its affiliates providing services under this Agreement, including their respective officers, directors, agents and employees from all taxes, charges, expenses, assessments, claims and liabilities including, without limitation, reasonable attorneys' fees and disbursements and liabilities ("Claims") arising directly or indirectly from any action or omission to act which Custodian takes in connection with the provision of services to Principal. Neither Custodian, nor any of its affiliates, shall be indemnified against any liability (or any expenses incident to such liability) caused by Custodian's ’s or its affiliates' own breach of their duty of law, willful misfeasance, bad faith, gross negligence or reckless disregard in the performance of Custodian's or its affiliates' activities or material breach by the Custodian’s willful misfeasance, bad faith, gross negligence or otherwise from a material breach of the Custodian’s standard of care under this Agreement. The provisions of this Paragraph 16 shall survive termination of this Agreement.