Common use of By the Adviser Clause in Contracts

By the Adviser. Because the Sub-Adviser has been retained solely to provide the investment advisory and related services described in this Agreement, the Adviser shall indemnify and hold harmless the Sub-Adviser Parties against any and all Claims to which any of the Sub-Adviser Parties may become subject in connection with the matters to which this Agreement relates including, without limitation, claims under federal or state securities laws, federal or state tax laws, or under any other statute or regulation, at common law or otherwise, or any claims which may be sustained as a result of the Adviser’s willful misfeasance, bad faith, gross negligence or reckless disregard of its duties hereunder, except to the extent that the Sub-Adviser provides an indemnity under the previous paragraph, § 4.3(a).

Appears in 7 contracts

Samples: Investment Sub Advisory Agreement (State Farm Mutual Fund Trust), Sub Advisory Agreement (State Farm Mutual Fund Trust), Investment Sub Advisory Agreement (State Farm Variable Product Trust)

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