Common use of Client Indemnity Clause in Contracts

Client Indemnity. The Company shall be responsible for any and all Losses incurred by Client Indemnified Persons and Preferred Indemnified Persons (each as defined below) as a result of, and shall defend, indemnify, and hold Client Indemnified Persons and Preferred Indemnified Persons harmless from and against, any and all third-party Claims to the extent arising from the Company’s gross negligence or intentional unlawful conduct in the performance of the Services.

Appears in 11 contracts

Samples: Services Agreement (World Monitor Trust III - Series J), Services Agreement (Futures Strategic Trust), Services Agreement (World Monitor Trust Ii Series E)

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Client Indemnity. The Company shall be responsible for any and all Losses incurred by Client Indemnified Persons and Preferred Indemnified Persons (each as defined below) as a result of, and shall defend, indemnify, and hold Client Indemnified Persons and Preferred Indemnified Persons harmless from and against, any and all third-party Claims to the extent arising from the Company’s gross negligence or intentional unlawful conduct in the performance of the Services.

Appears in 2 contracts

Samples: Services Agreement (AlphaMetrix Managed Futures III LLC (AlphaMetrix WC Diversified Series)), Services Agreement (AlphaMetrix Managed Futures III LLC (AlphaMetrix WC Diversified Series))

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