Examples of Fiduciary Indemnified Person in a sentence
In case any such claim, demand, action, suit or proceeding shall be brought involving a Fiduciary Indemnified Person, the Fiduciary Indemnified Person shall promptly notify the Depositor of such claim, demand, action, suit or proceeding and the Depositor shall assume the defense thereof, including the employment of counsel reasonably satisfactory to such Fiduciary Indemnified Person and the payment of all expenses.
The obligation to indemnify as set forth in this Section 10.4(b) shall survive the satisfaction and discharge of this Declaration or the earlier resignation or removal of such Fiduciary Indemnified Person.
The obligation to indemnify and advance expenses as set forth in this Section 10.4(b) shall survive the satisfaction and discharge of this Declaration and the Trust and shall survive the resignation or removal of such Fiduciary Indemnified Person.
To secure the same, each Fiduciary Indemnified Person shall have a lien on the property and assets of the Trust subordinate only to the rights and interests thereon of the Holders of the Capital Securities.
To secure the same, each Fiduciary Indemnified Person shall have a lien on the property and assets of the Trust subordinate only to the rights and interests thereon of the Holders of the Preferred Securities.