Common use of Indemnification by LIFE COMPANY Clause in Contracts

Indemnification by LIFE COMPANY. LIFE COMPANY agrees to indemnify and hold harmless TRUST, MANAGERS TRUST, NB MANAGEMENT and each of their Trustees, directors, officers, employees and agents and each person, if any, who controls TRUST or MANAGERS TRUST or NB MANAGEMENT within the meaning of Section 15 of the ‘33 Act (collectively, the “Indemnified Parties” for purposes of this Article VII) against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of LIFE COMPANY, which consent shall not be unreasonably withheld) or litigation (including legal and other expenses), to which the Indemnified Parties may become subject under any statute, regulation, at common law or otherwise, insofar as such losses, claims, damages, liabilities or expenses (or actions in respect thereof) or settlements are related to the offer, sale or acquisition of TRUST’s shares or the Variable Contracts and:

Indemnification by LIFE COMPANY. LIFE COMPANY agrees to indemnify and hold harmless TRUST, MANAGERS TRUST, NB MANAGEMENT XXXXXXXX XXXXXXXX and each of their Trustees, directors, officers, employees and agents and each person, if any, who controls TRUST or MANAGERS TRUST or NB MANAGEMENT XXXXXXXX XXXXXXXX within the meaning of Section 15 of the ‘'33 Act (collectively, the “"Indemnified Parties” " for purposes of this Article VII) against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of LIFE COMPANY, which consent shall not be unreasonably withheld) or litigation (including reasonable legal and other expenses), to which the Indemnified Parties may become subject under any statute, regulation, at common law or otherwise, insofar as such losses, claims, damages, liabilities or expenses (or actions in respect thereof) or settlements are related to the offer, sale or acquisition of TRUST’s 's shares or the Variable Contracts and:

Indemnification by LIFE COMPANY. LIFE COMPANY agrees to indemnify ------------------------------- and hold harmless TRUST, MANAGERS TRUST, NB MANAGEMENT ADVISER and each of their Trustees, directors, principals, officers, employees and agents and each person, if any, who controls TRUST or MANAGERS TRUST or NB MANAGEMENT ADVISER within the meaning of Section 15 of the ‘`33 Act Act, other than any other Participating Insurance Company (collectively, the “"Indemnified Parties” for purposes of this Article VII") against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of LIFE COMPANY, which consent shall not be unreasonably withheld) or litigation or threatened litigation (including legal and other expenses), to which the Indemnified Parties may become subject under any statute, regulation, at common law or otherwise, insofar as such losses, claims, damages, liabilities or expenses (or actions in respect thereof) or settlements are related to the offer, sale or acquisition of TRUST’s 's shares or the Variable Contracts and:

Indemnification by LIFE COMPANY. LIFE COMPANY agrees to ------------------------------- indemnify and hold harmless TRUST, MANAGERS TRUST, NB MANAGEMENT WPG and each of their Trustees, directors, principals, officers, employees and agents and each person, if any, who controls TRUST or MANAGERS TRUST or NB MANAGEMENT WPG within the meaning of Section 15 of the ‘`33 Act (collectively, the “"Indemnified Parties” " for purposes of this Article VII) against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of LIFE COMPANY, which consent shall not be unreasonably withheld) or litigation (including legal and other expenses), to which the Indemnified Parties may become subject under any statute, regulation, at common law or otherwise, insofar as such losses, claims, damages, liabilities or expenses (or actions in respect thereof) or settlements are related to the offer, sale or acquisition of TRUST’s 's shares or the Variable Contracts and: