Common use of Scope of Indemnification Clause in Contracts

Scope of Indemnification. (a) Each Party (the "Indemnifying Party") agrees to indemnify and hold harmless the other (the "Indemnified Party") against any loss, liability, claim, damage or expense (including the reasonable cost of investigating or defending any alleged loss, liability, claim, damage or expense, and reasonable counsel fees incurred in connection therewith) arising by reason of any person's acquiring any Contract, which may be based upon any law:

Appears in 9 contracts

Samples: Principal Underwriting Agreement (Allstate Life Insurance Co), Principal Underwriting Agreement (Northbrook Variable Annuity Account Ii), Principal Underwriting Agreement (Charter National Variable Annuity Account)

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