Common use of Duty of Care and Indemnification Clause in Contracts

Duty of Care and Indemnification. The Fund and the Transfer Agent will indemnify each other against and hold the other party harmless from any and all losses, claims, damages, liabilities, or expenses (including reasonable counsel fees and expenses) resulting from any claim, demand, action, or suit not resulting from the bad faith or negligence of the other party, and arising out of, or in connection with, the duties and responsibilities described hereunder. In addition, the Fund will indemnify the Transfer Agent against and hold it harmless from any and all losses, claims, damages, liabilities, or expenses (including reasonable counsel fees and expenses) resulting from any claim demand, action, or suit as a result of:

Appears in 26 contracts

Samples: Transfer Agency Agreement (Integrity Fund of Funds Inc), Transfer Agency Agreement (Integrity Funds), Transfer Agency Agreement (Integrity Fund of Funds Inc)

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Duty of Care and Indemnification. The Fund and the Transfer Agent will indemnify each other against against, and hold the other party harmless from from, any and all losses, claims, damages, liabilities, or expenses (including reasonable counsel fees and expenses) resulting from any claim, demand, action, or suit suit, not resulting from the willful misfeasance, bad faith or negligence of the other party, and arising out of, or in connection with, the duties and responsibilities described hereunder. In addition, the Fund will indemnify the Transfer Agent against against, and hold it harmless from from, any and all losses, claims, damages, liabilities, or expenses (including reasonable counsel fees and expenses) resulting from any claim claim, demand, action, or suit as a result of:

Appears in 2 contracts

Samples: Transfer Agency and Registrar Agreement (Investors Research Fund Inc), Transfer Agency and Registrar Agreement (Investors Research Fund Inc)

Duty of Care and Indemnification. The Fund and the Transfer Agent will indemnify indemnity each other against and hold the other party harmless from any and all losses, claims, damages, liabilities, or expenses (including reasonable counsel fees and expenses) resulting from any claim, demand, action, or suit not resulting from the bad faith or negligence of the other party, and arising out of, or in connection with, the duties and responsibilities described hereunder. In addition, the Fund will indemnify indemnity the Transfer Agent against and hold it harmless from any and all losses, claims, damages, liabilities, or expenses (including reasonable counsel fees and expenses) resulting from any claim demand, action, or suit as a result of:

Appears in 1 contract

Samples: Transfer Agency Agreement (Montana Tax Free Fund Inc)

Duty of Care and Indemnification. The Fund and the Transfer Agent will indemnify each other against and hold the other party harmless from any and all losses, claims, damages, liabilities, or expenses (including reasonable counsel fees and expenses) resulting from any claim, demand, action, or suit not resulting from the bad faith or negligence of the other party, and arising out of, or in connection with, the duties and responsibilities described hereunder. In addition, the Fund will indemnify the Transfer Agent against and hold it harmless from any and all losses, claims, damages, liabilities, or expenses (including reasonable counsel fees and expenses) resulting from any claim claim, demand, action, or suit as a result of:

Appears in 1 contract

Samples: Agency Agreement (Ranson Managed Portfolios)

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Duty of Care and Indemnification. The Fund and the Transfer Agent will indemnify each other against and hold the other party harmless from any and all losses, claims, damages, liabilities, or expenses (including reasonable counsel fees and expenses) resulting from any claim, demand, action, or suit not resulting from the bad faith or negligence of the other party, and arising out but of, or in connection with, the duties and responsibilities described hereunder. , In addition, the Fund will indemnify the Transfer Agent against and hold it harmless from any and all losses, claims, damages, liabilities, or expenses (including reasonable counsel fees and expenses) resulting from any claim demand, action, or suit as a result of:

Appears in 1 contract

Samples: Form of Transfer Agency Agreement (Nd Insured Income Fund Inc)

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