Trustee’s Indemnity. (a) The Trustee shall indemnify the Manager, the Trust and the Investment Trusts with its own estate and not with the Trust Estate, for any legal, notarial, registration, accounting, consulting fees and expenses, taxes or third party expenses incurred directly or indirectly by the Manager, the Trust or the Investment Trusts, as applicable, as a consequence of any corporate action of the Trustee acting in its individual capacity and not as trustee of this Trust Agreement that results in a Trustee Change of Control or in a merger of the Trustee with any other Person, in its capacity as merged entity or any spinoff, sale or any other action of any nature which results in the Trustee ceasing to legally exist or in its assets, liabilities and capital being transferred to any other Person or group of Persons (the “Trustee Activities”).
Trustee’s Indemnity. Trustee shall be entitled to be indemnified by the Company against all costs, charges, expenses and other liabilities properly incurred by Trustee in the exercise of any power conferred upon him by these presents.
Trustee’s Indemnity. Subject to clause 16.2, the Trustee indemnifies the Landholder from and against all liabilities, actions, proceedings, Claims, demands, costs, losses, damage and expenses (Losses) (excluding Consequential Loss) which may be brought against or made upon the Landholder or which the Landholder may pay, sustain or be put to by reason of or in connection with:
Trustee’s Indemnity. The Trustee shall be entitled to be indemnified fully out of the dividends coming to his hands against all costs, charges, expenses and other liabilities properly incurred by him in the exercise of any power conferred upon him by these presents; and the Subscribers, and each of them, hereby covenant with the Trustee that in the event of the monies and securities in his hands being insufficient for that purpose, the Subscribers, and each of them, will in proportion to the amount of their respective shares and interests hold harmless and keep indemnified the Trustee of and from all loss or damage which he may sustain or be put to by reason of anything he may lawfully do in the execution of this Trust.
Trustee’s Indemnity. Except to the extent prohibited by law, the Trustee shall be held harmless and indemnified fully by the Holders against all costs, charges, expenses and other liabilities, including reasonable attorney’s fees, incurred by the Trustee in the exercise of any power conferred upon the Trustee by this Agreement or arising or relating to this Agreement (excluding actions or omissions of the Trustee in bad faith).
Trustee’s Indemnity. The Trustee shall be entitled to be fully indemnified out of the dividends coming to her hands against all costs, charges, expenses, and other liabilities properly incurred by her in the exercise of any power conferred upon her by these presents; and the Beneficiary hereby covenants with the Trustee that in the event of the moneys and securities in her hands being insufficient for that purpose the Beneficiary will in proportion to the amounts of his shares and interests save harmless and keep indemnified the Trustee of and from all loss or damage which she may sustain or be put to by reason of anything she may lawfully do in the execution of this trust.
Trustee’s Indemnity. The Trustees are to be fully indemnified out of the dividends coming to their hands against all costs, charges, expenses, and other liabilities properly incurred by them in the exercise of any power conferred upon them under this Agreement or by law. The Subscribers covenant with the Trustees that, if the moneys and securities in their hands are insufficient for that purpose, the Subscribers will, in proportion to the amounts of their respective shares and interests and save harmless and keep indemnified the Trustees of and from all loss or damage which they may sustain or be put to by reason of anything they may lawfully do in the signing of this Agreement.
Trustee’s Indemnity. Nothing in this Deed shall, in any case in which the Trustee has failed to show the degree of care and diligence required of it as a trustee, exempt the Trustee from indemnifying any party who has suffered any loss as a result of the act or omission of the Trustee against any liability for negligence, default, misrepresentation, fraud, breach of duty or breach of trust in relation to its duties under this Deed.
Trustee’s Indemnity. The Company shall indemnify, defend and hold harmless the Trustee against any and all losses, damages, liabilities, obligations, claims, demands, judgments, settlements, governmental investigations, costs and expenses of any nature whatsoever, including the reasonable fees and expenses of attorneys, accountants and consultants (collectively, "Damages"), incurred in connection with or arising from the performance of his duties under this Agreement (except for his gross negligence or willful misconduct). Such indemnification shall be paid as incurred and on demand, subject to an undertaking by the Trustee to repay if it is ultimately determined that he is not entitled to such indemnification. In the event the Beneficiary shall request the Trustee to bring an action on its behalf, such party shall pay in advance all the expense of prosecuting such action and shall indemnify, defend and hold harmless the Trustee against all Damages incurred in connection with such action; the Trustee shall have no obligation to commence or proceed with such suit unless he is satisfied that all necessary monies have been paid in advance or advanced to the Trustee for this purpose.
Trustee’s Indemnity. The Trustee shall be indemnified fully against all costs, charges, expenses and other liabilities properly incurred by him in the exercise of any power conferred upon him by this Trust Agreement. The Trustee may set-off against such right of indemnity any dividends on account of the Shares; and Stockholder hereby covenants with the Trustee that in the event such monies and securities are insufficient for that purpose, Stockholder will hold harmless and indemnify the Trustee against all loss or damage which he may sustain by reason of anything he may lawfully do in the execution of this Trust Agreement.
