Indemnification by TRUST and ADVISER. TRUST and ADVISER agree to indemnify and hold harmless LIFE COMPANY and each of its directors, principals, officers, employees, and agents (and former directors, principals, officers, employees, and agents) and each person, if any, who controls LIFE COMPANY within the meaning of Section 15 of the '33 Act (collectively, the "Indemnified Parties") against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of TRUST and ADVISER which consent shall not be unreasonably withheld) or litigation or threatened litigation (including reasonable legal and other expenses) to which the Indemnified Parties may become subject under any statute, or 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 sale or acquisition of Shares or the Contracts and:
Appears in 2 contracts
Samples: Fund Participation Agreement (Life Insurance Separate Account of Usaa Life Insurance Co), Fund Participation Agreement (Separate Account of Usaa Life Insurance Co)
Indemnification by TRUST and ADVISER. TRUST Trust and ADVISER Adviser agree to indemnify and hold harmless LIFE COMPANY Life Company and each of its directors, principals, officers, employees, and agents (and former directors, principals, officers, employees, and agents) and each person, if any, who controls LIFE COMPANY Life Company within the meaning of Section 15 of the '33 Act (collectively, the "Indemnified Parties"" for the purposes of Sections 8.5, 8.6, 8.7 and 8.8 of this Article VIII) against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of TRUST and ADVISER Trust or Adviser, which consent shall not be unreasonably withheld) or litigation or threatened litigation (including reasonable legal and other expenses) to which the Indemnified Parties may become subject under any statute, or 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 sale or acquisition of Shares Trust shares or the Variable Contracts and:
Appears in 2 contracts
Samples: Trust Participation Agreement (Bankers Life Insurance Co of New York Separate Account I), Trust Participation Agreement (Il Annuity & Insurance Co Separate Account 1)
Indemnification by TRUST and ADVISER. TRUST and ADVISER agree to indemnify and hold harmless LIFE COMPANY and each of its directors, principals, officers, employees, and agents (and former directors, principals, officers, employees, and agents) and each person, if any, who controls LIFE COMPANY within the meaning of Section 15 of the '`33 Act (collectively, the "Indemnified Parties") against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of TRUST and ADVISER which consent shall not be unreasonably withheld) or litigation or threatened litigation (including reasonable legal and other expenses) to which the Indemnified Parties may become subject under any statute, or 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 sale or acquisition of Shares or the Contracts and:
Appears in 1 contract
Samples: Fund Participation Agreement (Separate Account of Usaa Life Insurance Co)
Indemnification by TRUST and ADVISER. TRUST and ADVISER agree to indemnify and hold harmless LIFE COMPANY COMPANIES and each of its directors, principals, officers, employees, and agents (and former directors, principals, officers, employees, and agents) and each person, if any, who controls LIFE COMPANY COMPANIES within the meaning of Section 15 of the '"33 Act (collectively, the "Indemnified Parties") against any and all losses, claims, damages, liabilities (including amounts paid in settlement with the written consent of TRUST and ADVISER which consent shall not be unreasonably withheld) or litigation or threatened litigation (including reasonable legal and other expenses) to which the Indemnified Parties may become subject under any statute, or 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 sale or acquisition of Shares TRUST's shares or the Variable Contracts and:
Appears in 1 contract
