Common use of By Distributor Clause in Contracts

By Distributor. Distributor shall indemnify and hold harmless NW and each person who controls or is associated with NW within the meaning of such terms under the federal securities laws, and any officer, director, employee of NW or agent of the foregoing, against any and all joint or several losses, claims, damages or liabilities (including any investigative, legal and other expenses reasonably incurred in connection with, and any amounts paid in settlement of, any action, suit or proceeding or any claim asserted), to which NW and/or any such person may become subject under any statute or regulation, any NASD Rule or interpretation, at common law or otherwise, insofar as such losses, claims, damages or liabilities:

By Distributor. Distributor shall indemnify and hold harmless NW Insurer and each person who controls or is associated with NW Insurer within the meaning of such terms under the federal securities laws, and any officer, director, employee of NW or agent of the foregoing, against any and all joint or several losses, claims, damages or liabilities liabilities, joint or several (including any investigative, legal and other expenses reasonably incurred in connection with, and any amounts paid in settlement of, any action, suit or proceeding or any claim asserted), to which NW Insurer and/or any such person may become subject under any statute or regulation, any NASD Rule rule or interpretation, at common law or otherwise, insofar as such losses, claims, damages or liabilities:

By Distributor. Distributor shall indemnify and hold harmless NW Insurer and each person who controls or is associated with NW the Insurer within the meaning of such terms under the federal securities laws, and any officer, director, employee of NW or agent of the foregoing, against any and all joint or several losses, claims, damages or liabilities liabilities, joint or several (including any investigative, legal and other expenses reasonably incurred in connection with, and any amounts paid in settlement of, any action, suit or proceeding or any claim asserted), to which NW Insurer and/or any such person may become subject under any statute or regulation, any NASD Rule rule or interpretation, at common law or otherwise, insofar as such losses, claims, damages or liabilities: