Common use of Customer Liability Clause in Contracts

Customer Liability. 8.1 The Customer agrees to indemnify the Provider for: 8.1.1 actual, reasonable legal costs and expenses directly related to any regulatory inquiry, legal action, litigation, dispute or investigation, whether such situations occur or are anticipated, that relate to the Customer, any Authorised Person(s) and any custodian used by the Customer in relation to this Agreement. 8.1.2 any loss directly resulting from breach of any of the terms of this Agreement by the Customer, any Authorised Person(s), and / or any custodian used by the Customer in relation to this Agreement. 8.1.3 damage or interruptions caused by the Customer and or its contracting parties, including as a result of any computer viruses or other malicious code that may affect computers, or other equipment, or any phishing, spoofing or other attack. 8.2 For the avoidance of doubt, the indemnity in clause 8.1 is not limited by the fact that the relevant loss is the result of any action or omission of any Authorised Person(s) or any custodian used by the Customer in relation to this Agreement.

Appears in 4 contracts

Sources: Master Services Agreement (Bitwise Hyperliquid ETF), Master Services Agreement (Bitwise Avalanche ETF), Master Services Agreement (Bitwise Solana Staking ETF)