Trust Indemnified Person definition

Trust Indemnified Person means (a) the Institutional Trustee, the Delaware Trustee, any Affiliate of the Institutional Trustee or the Delaware Trustee, and any officers, directors, stockholders, members, partners, employees, representatives, custodians, nominees or agents of the Institutional Trustee and the Delaware Trustee; (b) any CVV Trustee; (c) any Affiliate of any CVV Trustee; (d) any partners, employees, representatives or agents of any CVV Trustee; or (e) any officer, employee or agent of the Contingent Value Vehicle or its Affiliates, in each case in their capacity as such.

Trust Indemnified Person means (a) any Administrative Trustee; (b) any Affiliate of any Administrative Trustee; (c) any officers, directors, shareholders, members, partners, employees, representatives or agents of any Administrative Trustee; or (d) any officer, employee or agent of the Trust or its Affiliates.

Trust Indemnified Person means (a) the Institutional Trustee, the Delaware Trustee, any Affiliate of the Institutional Trustee or the Delaware Trustee, and any officers, directors, stockholders, members, partners, employees, representatives, custodians, nominees or agents of the Institutional Trustee and the Delaware Trustee; (b) any CVV Trustee; (c) any Affiliate of any CVV Trustee;

Examples of Trust Indemnified Person in a sentence

• The remedies provided in this paragraph are not exclusive of or limit any other remedies that may be available to State Street or any other Trust Indemnified Person.

• The failure so to notify Sierra Services of any such action shall not relieve Sierra Services from any liability that Sierra Services may have to the Trust Indemnified Person by reason of any such untrue (or alleged untrue) statement or omission (or alleged omission) otherwise than on account of Sierra Services' indemnity agreement contained in this Section 9b.

• Sierra Services' indemnification agreement contained in this Section 9b and its representations and warranties in this Agreement shall remain operative and in full force and effect regardless of any investigation made by or on behalf of any Trust Indemnified Person, and shall survive the delivery of any Shares and, to the extent permitted by law, the termination of this Agreement.

• The Manager and Trust Indemnified Person shall bear the fees and expenses of any additional counsel retained by it, and the Subadvisor shall not be liable to the Manager and Trust Indemnified Person under this Agreement for any legal or other expenses subsequently incurred by the Manager and Trust Indemnified Person independently in connection with the defense thereof other than reasonable costs of investigation.

• The Subadvisor shall not have the right to compromise on or settle the litigation without the prior written consent of the Manager and Trust Indemnified Person if the compromise or settlement results, or may result, in a finding of wrongdoing on the part of the Manager and Trust Indemnified Person.

• The failure so to notify Sierra Services of any such action shall not relieve Sierra Services from any liability that Sierra Services may have to the Trust Indemnified Person by reason of any such untrue (or alleged untrue) statement or omission (or alleged omission) otherwise than on account of Sierra Services's indemnity agreement contained in this Section 9b.

• Sierra Services's indemnification agreement contained in this Section 9b and its representations and warranties in this Agreement shall remain operative and in full force and effect regardless of any investigation made by or on behalf of any Trust Indemnified Person, and shall survive the delivery of any Shares and, to the extent permitted by law, the termination of this Agreement.

• The termination of any action, suit or proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent, shall not, of itself, create a presumption that the Trust Indemnified Person did not act in good faith and in a manner which he reasonably believed to be in or not opposed to the best interests of the Trust, and, with respect to any criminal action or proceeding, had reasonable cause to believe that his conduct was unlawful.

• To the fullest extent permitted by law, no Trust Indemnified Person, shall have any liability to the Contingent Value Vehicle, the CVV Trustees or the CVV Holders.

• To the fullest extent permitted by law, no Trust Indemnified Person, shall have any liability to the Adelphia Recovery Trust, the CVV Trustees or the CVV Holders.