Indemnity to be Provided. If the Portfolio requests the Custodian to take any action with respect to Securities, which may, in the opinion of the Custodian, result in the Custodian or its nominee becoming liable for the payment of money or incurring liability of some other form, the Custodian shall not be required to take such action until the Portfolio shall have provided indemnity therefor to the Custodian in an amount and form satisfactory to the Custodian.
Appears in 3 contracts
Samples: Custody Agreement (Aggressive Growth Mutual Fund Portfolio), Custody Agreement (Flex Funds), Custody Agreement (Growth Mutual Fund Portfolio)
Indemnity to be Provided. If the Portfolio Trust requests the Custodian to take any action with respect to Securitiessecurities or other assets of the Portfolio, which may, in the opinion of the Custodian, result in the Custodian or its nominee becoming liable for the payment of money or incurring liability of some other form, the Custodian shall not be required to take such action until the Portfolio shall have provided indemnity therefor to the Custodian in an amount and form satisfactory to the Custodian.
Appears in 3 contracts
Samples: Custody Agreement (JPMorgan Trust I), Custody Agreement (JPMorgan Trust I), Custody Agreement (Coventry Group)
