Common use of IMCO Clause in Contracts

IMCO. IMCO shall indemnify and hold harmless the Wellington Management, any affiliated persons thereof (within the meaning of the 1940 Act) and any controlling pxxxxxx thereof (as described in Section 15 of the Securities Act of 1933) (collectively, Wellington Management Indemnities) for any and all losses, claims, damages, liabilities or litigation (including reasonable legal and other expenses) to which the Wellington Indemnities may become subject under the 1933 Act, the 1940 Act, the Advisers Act, or under any other statute, at common law or otherwise arising out of (i) any gross negligence, willful misconduct, bad faith or reckless disregard by IMCO in the performance of any of its duties or obligations hereunder or (ii) any untrue statement of a material fact contained in the Prospectus and SAI, proxy materials, reports, advertisements, sales literature, or other materials pertaining to the Funds or the omission to state therein a material fact known to IMCO which was required to be stated therein or necessary to make the statements therein not misleading, unless such statement or omission was made in reliance upon information furnished in writing by Wellington Indemnities to IMCO or the Trust.

Appears in 4 contracts

Samples: Investment Subadvisory Agreement (Usaa Mutual Fund Inc), Investment Subadvisory Agreement (Usaa Mutual Fund Inc), Investment Subadvisory Agreement (Usaa Mutual Fund Inc)

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IMCO. IMCO shall indemnify in demnify and hold harmless the Wellington Management, any affiliated persons thereof (within the meaning of the 1940 Act) and any controlling pxxxxxx persons thereof (as described in Section 15 of the Securities Act of 19331933 Act) (collectively, Wellington Management Indemnities) for any and all losses, claims, damages, liabilities or litigation (including reasonable legal and other expenses) to which the Wellington Indemnities may become subject under the 1933 Act, the 1940 Act, the Advisers Act, or under any other statute, at common law or otherwise arising out of (i) any gross negligence, willful misconduct, bad faith or reckless disregard by IMCO in the performance of any of its duties or obligations hereunder or (ii) any untrue statement of a material fact contained in the Prospectus and SAI, proxy materials, reports, advertisements, sales literature, or other materials pertaining to the Funds or the omission to state therein a material fact known to IMCO which was required to be stated therein or necessary to make the statements therein not misleading, unless such statement or omission was made in reliance upon information furnished in writing by Wellington Indemnities to IMCO or the Trust.

Appears in 2 contracts

Samples: Investment Subadvisory Agreement (Usaa Life Investment Trust), Investment Subadvisory Agreement (Usaa Life Investment Trust)

IMCO. IMCO shall indemnify in demnify and hold harmless the Wellington Management, any affiliated persons thereof (within the meaning of the 1940 Act) and any controlling pxxxxxx thereof persxxx xxxxeof (as described in Section 15 of the Securities Act of 19331933 Act) (collectively, Wellington Management Indemnities) for any and all losses, claims, damages, liabilities or litigation (including reasonable legal and other expenses) to which the Wellington Indemnities may become subject under the 1933 Act, the 1940 Act, the Advisers Act, or under any other statute, at common law or otherwise arising out of (i) any gross negligence, willful misconduct, bad faith or reckless disregard by IMCO in the performance of any of its duties or obligations hereunder or (ii) any untrue statement of a material fact contained in the Prospectus and SAI, proxy materials, reports, advertisements, sales literature, or other materials pertaining to the Funds or the omission to state therein a material fact known to IMCO which was required to be stated therein or necessary to make the statements therein not misleading, unless such statement or omission was made in reliance upon information furnished in writing by Wellington Indemnities to IMCO or the Trust.

Appears in 1 contract

Samples: Agreement (Usaa Life Investment Trust)

IMCO. IMCO shall indemnify in demnify and hold harmless the Wellington Management, any affiliated persons thereof (within the meaning of the 1940 Act) and any controlling pxxxxxx thereof pexxxxx xhereof (as described in Section 15 of the Securities Act of 19331933 Act) (collectively, Wellington Management Indemnities) for any and all losses, claims, damages, liabilities or litigation (including reasonable legal and other expenses) to which the Wellington Indemnities may become subject under the 1933 Act, the 1940 Act, the Advisers Act, or under any other statute, at common law or otherwise arising out of (i) any gross negligence, willful misconduct, bad faith or reckless disregard by IMCO in the performance of any of its duties or obligations hereunder or (ii) any untrue statement of a material fact contained in the Prospectus and SAI, proxy materials, reports, advertisements, sales literature, or other materials pertaining to the Funds or the omission to state therein a material fact known to IMCO which was required to be stated therein or necessary to make the statements therein not misleading, unless such statement or omission was made in reliance upon information furnished in writing by Wellington Indemnities to IMCO or the Trust.

Appears in 1 contract

Samples: Investment Subadvisory Agreement (Usaa Life Investment Trust)

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IMCO. IMCO shall indemnify and hold harmless the Wellington Management, any affiliated persons thereof (within the meaning of the 1940 Act) and any controlling pxxxxxx persons thereof (as described in Section 15 of the Securities Act of 1933) (collectively, Wellington Management Indemnities) for any and all losses, claims, damages, liabilities or litigation (including reasonable legal and other expenses) to which the Wellington Indemnities may become subject under the 1933 Act, the 1940 Act, the Advisers Act, or under any other statute, at common law or otherwise arising out of (i) any gross negligence, willful misconduct, bad faith or reckless disregard by IMCO in the performance of any of its duties or obligations hereunder or (ii) any untrue statement of a material fact contained in the Prospectus and SAI, proxy materials, reports, advertisements, sales literature, or other materials pertaining to the Funds or the omission to state therein a material fact known to IMCO which was required to be stated therein or necessary to make the statements therein not misleading, unless such statement or omission was made in reliance upon information furnished in writing by Wellington Indemnities to IMCO or the Trust.

Appears in 1 contract

Samples: Investment Subadvisory Agreement (Usaa Mutual Fund Inc)

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