Sponsor Indemnified Party definition

Sponsor Indemnified Party has the meaning specified in Section 5.11(d).

Sponsor Indemnified Party shall have the meaning ascribed to such term in Section 6.01.b of the Standard Terms.

Sponsor Indemnified Party shall have the meaning assigned to such term in Section 4.05(c) herein.

Examples of Sponsor Indemnified Party in a sentence

• Each AP Indemnified Party and Sponsor Indemnified Party, to the extent it is not a party to this Agreement, is a third-party beneficiary of this Agreement (each, a “Third Party Beneficiary”) and may proceed directly against any party hereto (including by bringing proceedings against the parties hereto in its own name) to enforce any obligation of such party under this Agreement which directly or indirectly benefits such Third Party Beneficiary.

• This Agreement is for the exclusive benefit of the parties hereto, any Sponsor Indemnified Party or any Trustee Indemnified Party and the Beneficial Owners, and shall not be deemed to give any legal or equitable right, remedy or claim whatsoever to any other person.

• This Agreement is for the exclusive benefit of the parties hereto, any Sponsor Indemnified Party, any Trustee Indemnified Party, the Registered Owners and the Beneficial Owners and shall not be deemed to give any legal or equitable right, remedy or claim whatsoever to any other Person.

• All rights to indemnification permitted herein and payment of associated expenses shall not be affected by the dissolution or other cessation to exist of the Sponsor Indemnified Party, or the withdrawal, adjudication of bankruptcy or insolvency of the Sponsor Indemnified Party, or the filing of a voluntary or involuntary petition in bankruptcy under Title 11 of the Code by or against the Sponsor Indemnified Party.

• This Agreement is for the exclusive benefit of the parties hereto, any Sponsor Indemnified Party, any Trustee Indemnified Party, the Registered Owners and the Beneficial Owners and shall not be deemed to give any legal or equitable right, remedy or claim whatsoever to any other person.

• Many of these items are technology infrastructure and maintenance items.Additionally, and most importantly, internal stakeholder feedback was sought to provide guidance on technological needs on campus.

• Subject to the foregoing, no Sponsor Indemnified Party shall be personally liable for the return or repayment of all or any portion of the capital or profits of any Shareholder, Authorized Participant or assignee thereof, it being expressly agreed that any such return of capital or profits made pursuant to this Agreement shall be made solely from the assets of the Trust without any rights of contribution from any Sponsor Indemnified Party.

• A Sponsor Indemnified Party shall not be liable for the conduct or misconduct of any delegatee selected by the Sponsor pursuant to Section 5.7 hereof; provided, however, that in the case of the Sponsor the foregoing shall only apply if the Sponsor made such selection with reasonable care.

• The Sponsor shall not be liable to any Sponsor Indemnified Party for any damages arising directly out of (w) mistakes or errors in data provided to the Sponsor by a Sponsor Indemnified Party, or (x) any action of a service provider to the Trust, except to the extent such service provider acted under the direction of the Sponsor, the Administrator or Trust, or such service provider is an affiliate of any of them, and acted negligently in taking or failing to take an action.

• Any amounts payable to a Sponsor Indemnified Party under this Section 7.04 may be payable in advance or shall be secured by a lien on the BLDRS Index Fund.

More Definitions of Sponsor Indemnified Party

Sponsor Indemnified Party is defined in Section 4.1.

Sponsor Indemnified Party shall have the meaning ascribed to it in Section 7.02 hereof.

Sponsor Indemnified Party means each of the Sponsor and its members, managers, directors, officers, employees, affiliates (as such term is defined under the Securities Act) and subsidiaries.

Sponsor Indemnified Party means the Sponsor; the Depositor; each person responsible for the preparation, execution or filing of any report required to be filed with the Commission with respect to the Issuing Entity, or for execution of a certification pursuant to Rule 13a-14(d) or Rule 15d-14(d) under the Exchange Act; each broker-dealer acting as an underwriter of the Certificates; each person who controls any of such parties (within the meaning of Section 15 of the Act and Section 20 of the Exchange Act); and the respective present and former directors, officers, employees and agents of each of the foregoing. Capitalized terms not otherwise defined herein have the meanings ascribed to such terms in the Pooling Agreement.