Manager Indemnitees definition
Examples of Manager Indemnitees in a sentence
Manager shall indemnify, defend, and hold harmless Owner, its partners and members and their respective partners, members, officers, directors, agents, and employees ("OWNER INDEMNITEES") against any and all Losses in connection with third party claims against any Owner Indemnitee that result from any Manager Indemnitee's fraud, gross negligence, willful misconduct or action outside the scope of authority granted hereunder.
Notwithstanding the foregoing, the Trader shall not indemnify the Manager Indemnitees pursuant to (ii) above for any breach by the Trader of any representation or warranty that it will comply with the policies and procedures of the Manager, Trust and the Fund with respect to the Allocated Portion in so far as such policies and procedures relate to trade errors unless otherwise separately expressly agreed to by the Trader in writing.
At entries, trees are used to create natural gateways and focal points.
The Sub-Adviser shall be responsible for any and all expenses incurred by any of the Investment Manager Indemnitees (as defined below) in connection with any Investment Manager Indemnitee’s response to any subpoena or other court order arising out of litigation involving the Sub-Adviser to which no Investment Manager Indemnitee is a party.
Such insurance shall name the Manager Indemnitees as additional insureds with respect to claims arising out of or directly or indirectly relating to performance under the Agreement and shall provide for thirty (30) days advance notice of cancellation, reduction of coverage or non-renewal.