Common use of Presumptions Clause in Contracts

Presumptions. For purposes of the determination or opinion referred to in clause (c) of Section 3 or clauses (y)(i) or (y)(ii) of subsection (h) of Section 6 of this Agreement, the Non-Party Trustees or Special Counsel, as the case may be, shall be entitled to rely upon a rebuttable presumption that the Trustee has not engaged in Disabling Conduct.

Appears in 15 contracts

Samples: Indemnification Agreement (Virtus Equity Trust), Indemnification Agreement (Virtus Opportunities Trust), Indemnification Agreement (Virtus Retirement Trust)

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Presumptions. For purposes of the determination or opinion referred to in clause (c) of Section 3 or clauses (y)(i) or (y)(ii) of subsection (h) of Section 6 of this Agreement, the Non-Party Trustees or Special Counsel, as the case may be, shall be entitled to rely upon a rebuttable presumption that the Trustee has not engaged in Disabling Conduct.

Appears in 6 contracts

Samples: Indemnification Agreement (Virtus Stone Harbor Emerging Markets Income Fund), Indemnification Agreement (Virtus Opportunities Trust), Indemnification Agreement (Merger Fund Vl)

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Presumptions. For purposes of the determination or opinion referred to in clause (c) of Section 3 or clauses (y)(i) or (y)(ii) of subsection (hi) of Section 6 of this Agreement, the Non-Party Trustees or Special Counsel, as the case may be, shall be entitled to rely upon a rebuttable presumption that the Trustee has not engaged in Disabling Conduct.

Appears in 2 contracts

Samples: Indemnification Agreement (Virtus Opportunities Trust), Indemnification Agreement (Virtus Insight Trust)

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