Common use of Trustee Indemnity Clause in Contracts

Trustee Indemnity. The Fund shall indemnify and save harmless the Trustees, their employees, assigns, executors, estate trustees, heirs and each of them, of, from and against any loss, expense, claim, demand, action or thing of any nature whatsoever, arising out of the performance or purported performance of their duties or responsibilities hereunder except that this indemnity shall not, in any way, extend so as to protect any Trustee with respect to any matter or thing arising out of his own dishonesty, wilful misconduct or gross negligence.

Appears in 2 contracts

Samples: Extension Agreement, Extension Agreement

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Trustee Indemnity. The Fund shall indemnify and save harmless the Trustees, their employees, assigns, executors, estate trustees, heirs and each of them, of, from and against any loss, expense, claim, demand, action or thing of any nature whatsoever, arising out of the performance or purported performance of their duties or responsibilities hereunder except that this indemnity shall not, in any way, extend so as to protect any Trustee with respect to any matter or thing arising out of his or her own dishonesty, wilful misconduct or gross negligence.negligence.‌

Appears in 2 contracts

Samples: Ontario English Catholic, Trust Agreement

Trustee Indemnity. The Fund shall indemnify and save harmless the Trustees, their employees, assigns, executors, estate trustees, heirs and each of them, of, from and against any loss, expense, claim, demand, action or thing of any nature whatsoever, arising out of the performance or purported performance of their duties or responsibilities hereunder hereunder, except that this indemnity shall not, not in any way, way extend so as to protect any Trustee with respect to any matter or thing arising out of his or her own dishonesty, wilful misconduct or gross negligence.negligence.‌

Appears in 2 contracts

Samples: efis.fma.csc.gov.on.ca, Des Enseignants Franco

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Trustee Indemnity. The Fund shall indemnify and save harmless the Trustees, their employees, assigns, executors, estate trustees, heirs and each of them, of, from and against any loss, expense, claim, demand, action or thing of any nature whatsoever, arising out of the performance or purported performance of their duties or responsibilities hereunder except that this indemnity shall not, in any way, extend extend‌ so as to protect any Trustee with respect to any matter or thing arising out of his or her own dishonesty, wilful misconduct or gross negligence.

Appears in 1 contract

Samples: Trust Agreement

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