By Insurer. Insurer shall indemnify and hold harmless Distributor and each person who controls or is associated with Distributor within the meaning of such terms under the federal securities laws, and any officer, director, employee or agent of the foregoing, against any and all losses, claims, damages or 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 Distributor 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:
Appears in 14 contracts
Samples: Distribution Agreement (Kansas City Life Variable Life Separate Account), Marketing and Selling Agreement (Sage Variable Annuity Account A), Underwriting Agreement (Equitrust Life Variable Account Ii)
By Insurer. Insurer shall indemnify and hold harmless Distributor and each person who controls or is associated with Distributor within the meaning of such terms under the federal securities laws, and any officer, director, employee or agent of the foregoing, against any and all losses, claims, damages or liabilities, joint or several (including 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 Distributor distributor 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:
Appears in 3 contracts
Samples: Distribution Agreement (ALAC Separate Account 1), Distribution Agreement (Bankers Life Insurance Co of New York Separate Account I), Distribution Agreement (Il Annuity & Insurance Co Separate Account 1)
