Common use of OF LIFE COMPANY AND UNDERWRITER BY SMFI AND CARILLON Clause in Contracts

OF LIFE COMPANY AND UNDERWRITER BY SMFI AND CARILLON. (a) Except to the extent provided in Sections 12.2(c), 12.2(d) and 12.2(e), below, SMFI and Carillon agree to indemnify and hold harmless LIFE COMPANY, UNDERWRITER, their respective affiliates, and each person, if any, who controls LIFE COMPANY, UNDERWRITER or their respective affiliates within the meaning of Section 15 of the 1933 Act and each of their respective directors and officers, (collectively, the "Indemnified Parties" for purposes of this Section 12.2) against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of SMFI and/or Carillon) or actions in respect thereof (including, to the extent reasonable, legal and other expenses), to which the Indemnified Parties may become subject under any statute, regulation, at common law, or otherwise, insofar as such losses, claims, damages, liabilities or actions:

Appears in 11 contracts

Samples: Participation Agreement (First Ameritas Variable Annuity Separate Account), Participation Agreement (Ameritas Variable Life Insurance Co Separate Account V), Participation Agreement (Equitrust Life Annuity Account)

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OF LIFE COMPANY AND UNDERWRITER BY SMFI AND CARILLON. (a) Except to the extent provided in Sections 12.2(c), 12.2(d) and 12.2(e), below, SMFI and Carillon agree to indemnify and hold harmless LIFE COMPANY, UNDERWRITER, their respective affiliates, and each person, if any, who controls LIFE COMPANY, UNDERWRITER or their respective affiliates within the meaning of Section 15 of the 1933 Act and each of their respective directors and officers, (collectively, the "β€œIndemnified Parties" ” for purposes of this Section 12.2) against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of SMFI and/or Carillon) or actions in respect thereof (including, to the extent reasonable, legal and other expenses), to which the Indemnified Parties may become subject under any statute, regulation, at common law, or otherwise, insofar as such losses, claims, damages, liabilities or actions:

Appears in 2 contracts

Samples: Participation Agreement (WoodmenLife Variable Annuity Account), Participation Agreement (Principal Life Insurance Co Variable Life Sep Account)

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