Common use of By Insurer Clause in Contracts

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 FINRA rule or interpretation, at common law or otherwise, insofar as such losses, claims, damages or liabilities:

Appears in 6 contracts

Samples: Distribution Agreement (Midland National Life Insurance Co), Distribution Agreement (Mutual of America Separate Account No 2), Distribution Agreement (Midland National Life Insurance Co)

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