{"component": "clause", "props": {"groups": [{"size": 12, "snippet_links": [{"key": "information-regarding", "type": "clause", "offset": [51, 72]}, {"key": "the-purchase", "type": "clause", "offset": [73, 85]}, {"key": "shares-of-the-fund", "type": "clause", "offset": [127, 145]}, {"key": "the-parties-agree-that", "type": "clause", "offset": [147, 169]}, {"key": "the-separate-accounts", "type": "clause", "offset": [196, 217]}, {"key": "in-the-case", "type": "clause", "offset": [302, 313]}, {"key": "pricing-errors", "type": "definition", "offset": [322, 336]}, {"key": "in-addition", "type": "clause", "offset": [407, 418]}, {"key": "each-party", "type": "clause", "offset": [420, 430]}, {"key": "costs-of", "type": "clause", "offset": [500, 508]}, {"key": "in-the-event-of-a", "type": "clause", "offset": [594, 611]}, {"key": "material-error", "type": "clause", "offset": [612, 626]}, {"key": "necessary-expense", "type": "definition", "offset": [667, 684]}, {"key": "sum-of", "type": "clause", "offset": [747, 753]}, {"key": "provide-the", "type": "clause", "offset": [798, 809]}, {"key": "notice-of-any", "type": "clause", "offset": [828, 841]}], "samples": [{"hash": "6ouMg6CBQBl", "uri": "/contracts/6ouMg6CBQBl#indemnification-for-errors", "label": "Fund Participation Agreement (Pacific Select Exec Separate Acct Pacific Life Ins)", "score": 20.3990417522, "published": true}, {"hash": "kS67wkuhXH9", "uri": "/contracts/kS67wkuhXH9#indemnification-for-errors", "label": "Fund Participation Agreement (Pacific Select Exec Separate Acct Pacific Life Ins)", "score": 19.7091033539, "published": true}, {"hash": "hpNGhNQfv4F", "uri": "/contracts/hpNGhNQfv4F#indemnification-for-errors", "label": "Fund Participation Agreement (Pacific Select Exec Separate Account of Pacific Life & Annui)", "score": 19.7091033539, "published": true}], "snippet": "In the event of any error or delay with respect to information regarding the purchase, redemption, transfer or registration of Shares of the Fund, the parties agree that each is obligated to make the Separate Accounts and/or the Fund, respectively, whole for any error or delay that it causes, subject in the case of Fund pricing errors to the related Portfolio\u2019s policies on materiality of pricing errors. In addition, each party agrees that neither will receive compensation from the other for the costs of any reprocessing necessary as a result of an error or delay; provided, however, that in the event of a material error, the Fund shall bear the reasonable and necessary expense of correcting such error, which expenses shall not exceed the sum of $3,000 for such error. Each party agrees to provide the other with prompt notice of any errors or delays of the type referred to in this Section.", "hash": "3b339503cfe1fdf13ce2e173b481e57f", "id": 2}, {"size": 53, "snippet_links": [{"key": "in-the-event-of", "type": "definition", "offset": [0, 15]}, {"key": "information-regarding", "type": "clause", "offset": [51, 72]}, {"key": "the-purchase", "type": "clause", "offset": [73, 85]}, {"key": "shares-of-the-fund", "type": "clause", "offset": [127, 145]}, {"key": "the-parties-agree-that", "type": "clause", "offset": [147, 169]}, {"key": "the-separate-accounts", "type": "clause", "offset": [196, 217]}, {"key": "in-the-case", "type": "clause", "offset": [302, 313]}, {"key": "pricing-errors", "type": "definition", "offset": [317, 331]}, {"key": "in-addition", "type": "clause", "offset": [402, 413]}, {"key": "each-party", "type": "clause", "offset": [415, 425]}, {"key": "costs-of", "type": "clause", "offset": [495, 503]}, {"key": "provide-the", "type": "clause", "offset": [586, 597]}, {"key": "notice-of-any", "type": "clause", "offset": [616, 629]}], "samples": [{"hash": "fPBonClnCAJ", "uri": "/contracts/fPBonClnCAJ#indemnification-for-errors", "label": "Fund Participation and Service Agreement (Horace Mann Life Insurance Co Separate Account)", "score": 29.3175906913, "published": true}, {"hash": "gs8H2ocBcFL", "uri": "/contracts/gs8H2ocBcFL#indemnification-for-errors", "label": "Fund Participation Agreement (Principal Life Insurance Co Variable Life Sep Account)", "score": 28.318275154, "published": true}, {"hash": "7jQ4zsMU1Ni", "uri": "/contracts/7jQ4zsMU1Ni#indemnification-for-errors", "label": "Fund Participation Agreement (Principal National Life Insurance Co Variable Life Separate Account)", "score": 28.318275154, "published": true}], "snippet": "In the event of any error or delay with respect to information regarding the purchase, redemption, transfer or registration of Shares of the Fund, the parties agree that each is obligated to make the Separate Accounts and/or the Fund, respectively, whole for any error or delay that it causes, subject in the case of pricing errors to the related Portfolio's policies on materiality of pricing errors. In addition, each party agrees that neither will receive compensation from the other for the costs of any reprocessing necessary as a result of an error or delay. Each party agrees to provide the other with prompt notice of any errors or delays of the type referred to in this Section.", "hash": "d607440f5ab423c92b6b6d29d5bab0a6", "id": 1}, {"size": 2, "snippet_links": [{"key": "in-the-event-of", "type": "definition", "offset": [0, 15]}, {"key": "information-regarding", "type": "clause", "offset": [51, 72]}, {"key": "the-purchase", "type": "clause", "offset": [73, 85]}, {"key": "of-the-trust", "type": "clause", "offset": [134, 146]}, {"key": "the-parties-agree-that", "type": "clause", "offset": [148, 170]}, {"key": "the-separate-accounts", "type": "clause", "offset": [197, 218]}, {"key": "in-the-case", "type": "clause", "offset": [304, 315]}, {"key": "pricing-errors", "type": "definition", "offset": [319, 333]}, {"key": "in-addition", "type": "clause", "offset": [404, 415]}, {"key": "agree-to", "type": "clause", "offset": [429, 437]}, {"key": "in-good-faith", "type": "definition", "offset": [452, 465]}, {"key": "payment-of", "type": "definition", "offset": [499, 509]}, {"key": "costs-of", "type": "clause", "offset": [521, 529]}, {"key": "administrative-costs", "type": "clause", "offset": [530, 550]}, {"key": "resulting-from", "type": "definition", "offset": [571, 585]}, {"key": "based-on", "type": "clause", "offset": [657, 665]}, {"key": "each-party", "type": "clause", "offset": [739, 749]}, {"key": "provide-the", "type": "clause", "offset": [760, 771]}, {"key": "notice-of-any", "type": "clause", "offset": [790, 803]}, {"key": "the-company-and-the", "type": "clause", "offset": [862, 881]}, {"key": "that-\u2587", "type": "clause", "offset": [894, 900]}, {"key": "error-procedures", "type": "clause", "offset": [919, 935]}], "samples": [{"hash": "90byNCy2KDp", "uri": "/contracts/90byNCy2KDp#indemnification-for-errors", "label": "Fund Participation Agreement (Lincoln New York Account N for Variable Annuities)", "score": 22.3696098563, "published": true}, {"hash": "5DMRrVXK3IF", "uri": "/contracts/5DMRrVXK3IF#indemnification-for-errors", "label": "Fund Participation Agreement (Lincoln Life Variable Annuity Account N)", "score": 22.3696098563, "published": true}], "snippet": "In the event of any error or delay with respect to information regarding the purchase, redemption, transfer or registration of Shares of the Trust, the parties agree that each is obligated to make the Separate Accounts and/or the Trust, respectively, whole for any error or delay that it causes, subject in the case of pricing errors to the related Portfolio's policies on materiality of pricing errors. In addition, the parties agree to work together in good faith with respect to consideration of payment of reasonable costs of administrative costs of any reprocessing resulting from a pricing error or delay, insofar as any such costs arise out of or is based on any error or alleged error made in the pricing of shares of a Portfolio. Each party agrees to provide the other with prompt notice of any errors or delays of the type referred to in this Section. The Company and the Trust agree that \u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587 Pricing Error Procedures shall govern.", "hash": "008e7b018a7ee447ab85ff6eaa4343f8", "id": 3}, {"size": 2, "snippet_links": [{"key": "in-the-event-of", "type": "definition", "offset": [0, 15]}, {"key": "information-regarding", "type": "clause", "offset": [51, 72]}, {"key": "calculation-of-the", "type": "clause", "offset": [77, 95]}, {"key": "shares-of-the-fund", "type": "clause", "offset": [151, 169]}, {"key": "the-parties-agree-that", "type": "clause", "offset": [171, 193]}, {"key": "the-separate-accounts", "type": "clause", "offset": [220, 241]}, {"key": "in-the-case", "type": "clause", "offset": [326, 337]}, {"key": "pricing-errors", "type": "definition", "offset": [341, 355]}, {"key": "in-addition", "type": "clause", "offset": [426, 437]}, {"key": "each-party", "type": "clause", "offset": [439, 449]}, {"key": "to-compensate", "type": "clause", "offset": [457, 470]}, {"key": "other-party", "type": "definition", "offset": [475, 486]}, {"key": "cost-of", "type": "definition", "offset": [506, 513]}, {"key": "adjustments-to", "type": "clause", "offset": [534, 548]}, {"key": "an-owner", "type": "clause", "offset": [549, 557]}, {"key": "provided-however", "type": "clause", "offset": [608, 624]}, {"key": "minimum-and-maximum-amounts", "type": "clause", "offset": [629, 656]}, {"key": "by-either-party", "type": "clause", "offset": [679, 694]}, {"key": "indirect-ownership-interest", "type": "clause", "offset": [907, 934]}, {"key": "redemption-or-exchange", "type": "clause", "offset": [975, 997]}, {"key": "of-the-company", "type": "clause", "offset": [1015, 1029]}, {"key": "the-company-shall", "type": "clause", "offset": [1048, 1065]}, {"key": "responsible-for", "type": "clause", "offset": [1076, 1091]}, {"key": "the-owner", "type": "definition", "offset": [1105, 1114]}, {"key": "provide-the", "type": "clause", "offset": [1137, 1148]}, {"key": "notice-of-any", "type": "clause", "offset": [1167, 1180]}], "samples": [{"hash": "68bMyFqRL1c", "uri": "/contracts/68bMyFqRL1c#indemnification-for-errors", "label": "Fund Participation Agreement (COLI VUL-2 Series Account of Great-West Life & Annuity Insurance Co of New York)", "score": 28.311430527, "published": true}, {"hash": "cHNvMzXWvTa", "uri": "/contracts/cHNvMzXWvTa#indemnification-for-errors", "label": "Fund Participation Agreement (Coli Vul 2 Series Account)", "score": 28.3032169747, "published": true}], "snippet": "In the event of any error or delay with respect to information regarding the calculation of the NAV, purchase, redemption, transfer or registration of Shares of the Fund, the parties agree that each is obligated to make the Separate Accounts and/or the Fund, respectively, whole for any error or delay that it causes, subject in the case of pricing errors to the related Portfolio\u2019s policies on materiality of pricing errors. In addition, each party agrees to compensate the other party for any reasonable cost of reprocessing and/or adjustments to an Owner\u2019s account and or a Fund/Portfolio, as applicable, provided however the minimum and maximum amounts that would be payable by either party for any such reprocessing and/or adjustment costs (not including amounts to make Owners - Fund/Portfolio whole) are $250 and $8,000, respectively. In the event that an Owner receives less than his proportionate, indirect ownership interest in a Portfolio from a related purchase, redemption or exchange due to the error of the Company or any affiliate, the Company shall solely be responsible for compensating the Owner. Each party agrees to provide the other with prompt notice of any errors or delays of the type referred to in this Section.", "hash": "57e761edaab12fca13e23a24879d7631", "id": 4}, {"size": 2, "snippet_links": [{"key": "in-the-event-of", "type": "definition", "offset": [0, 15]}, {"key": "information-regarding", "type": "clause", "offset": [51, 72]}, {"key": "the-purchase", "type": "clause", "offset": [73, 85]}, {"key": "shares-of-the-fund", "type": "clause", "offset": [114, 132]}, {"key": "the-company-agrees", "type": "clause", "offset": [134, 152]}, {"key": "in-the-case", "type": "clause", "offset": [244, 255]}, {"key": "pricing-errors", "type": "definition", "offset": [259, 273]}, {"key": "each-party", "type": "clause", "offset": [344, 354]}, {"key": "provide-the", "type": "clause", "offset": [365, 376]}, {"key": "notice-of-any", "type": "clause", "offset": [395, 408]}], "samples": [{"hash": "c9iG4f0ocuS", "uri": "/contracts/c9iG4f0ocuS#indemnification-for-errors", "label": "Fund Participation Agreement (Variable Annuity Account A)", "score": 22.2840520192, "published": true}, {"hash": "8Uexd18rccW", "uri": "/contracts/8Uexd18rccW#indemnification-for-errors", "label": "Fund Participation Agreement (SBL Variable Annuity Account Xiv)", "score": 22.2840520192, "published": true}], "snippet": "In the event of any error or delay with respect to information regarding the purchase, redemption, or transfer of Shares of the Fund, the Company agrees that it is obligated to make the Fund whole for any error or delay that it causes, subject in the case of pricing errors to the related Portfolio's policies on materiality of pricing errors. Each party agrees to provide the other with prompt notice of any errors or delays of the type referred to in this Section.", "hash": "ab16ed062f43891364de5eecf1c8f72e", "id": 5}, {"size": 2, "snippet_links": [{"key": "in-the-event-of", "type": "definition", "offset": [0, 15]}, {"key": "information-regarding", "type": "clause", "offset": [51, 72]}, {"key": "registration-of-shares", "type": "clause", "offset": [120, 142]}, {"key": "of-the-trust", "type": "clause", "offset": [143, 155]}, {"key": "the-parties-agree-that", "type": "clause", "offset": [157, 179]}, {"key": "the-separate-accounts", "type": "clause", "offset": [206, 227]}, {"key": "each-case", "type": "definition", "offset": [316, 325]}, {"key": "related-fund", "type": "clause", "offset": [333, 345]}, {"key": "pricing-errors", "type": "definition", "offset": [375, 389]}, {"key": "if-applicable", "type": "clause", "offset": [391, 404]}, {"key": "in-addition", "type": "clause", "offset": [406, 417]}, {"key": "each-party", "type": "clause", "offset": [419, 429]}, {"key": "no-party", "type": "clause", "offset": [442, 450]}, {"key": "costs-of", "type": "clause", "offset": [500, 508]}, {"key": "provide-the", "type": "clause", "offset": [591, 602]}, {"key": "notice-of-any", "type": "clause", "offset": [621, 634]}, {"key": "confirmed-in-writing", "type": "definition", "offset": [740, 760]}, {"key": "material-error", "type": "clause", "offset": [805, 819]}, {"key": "contract-owners", "type": "definition", "offset": [846, 861]}, {"key": "to-receive", "type": "definition", "offset": [862, 872]}, {"key": "number-of-shares-of", "type": "clause", "offset": [926, 945]}, {"key": "the-accounts", "type": "clause", "offset": [986, 998]}, {"key": "to-the-company", "type": "clause", "offset": [1115, 1129]}, {"key": "the-applicable", "type": "clause", "offset": [1163, 1177]}, {"key": "notification-by-the-trust", "type": "clause", "offset": [1219, 1244]}, {"key": "the-company-shall", "type": "clause", "offset": [1305, 1322]}, {"key": "to-the-trust", "type": "definition", "offset": [1338, 1350]}, {"key": "upon-request", "type": "definition", "offset": [1486, 1498]}, {"key": "by-trust", "type": "clause", "offset": [1499, 1507]}, {"key": "assistance-to", "type": "clause", "offset": [1562, 1575]}, {"key": "other-adjustments", "type": "definition", "offset": [1635, 1652]}, {"key": "applicable-shares", "type": "definition", "offset": [1656, 1673]}, {"key": "in-lieu", "type": "definition", "offset": [1727, 1734]}, {"key": "interest-credited", "type": "clause", "offset": [1822, 1839]}, {"key": "adjustment-of", "type": "clause", "offset": [1982, 1995]}], "samples": [{"hash": "kAnx8J2c9ak", "uri": "/contracts/kAnx8J2c9ak#indemnification-for-errors", "label": "Fund Participation Agreement (Hancock John Variable Life Account U)", "score": 18.0, "published": true}, {"hash": "26BCBRqYD9G", "uri": "/contracts/26BCBRqYD9G#indemnification-for-errors", "label": "Fund Participation Agreement (Hancock John Variable Life Account Uv/)", "score": 18.0, "published": true}], "snippet": "In the event of any error or delay with respect to information regarding the pricing, purchase, redemption, transfer or registration of shares of the Trust, the parties agree that each is obligated to make the Separate Accounts and/or the Trust, respectively, whole for any error or delay that it causes, subject in each case to the related Fund's policies on materiality of pricing errors, if applicable. In addition, each party agrees that no party will receive compensation from the other for the costs of any reprocessing necessary as a result of an error or delay. Each party agrees to provide the other with prompt notice of any errors or delays of the type referred to in this Section in a mutually agreeable form and which shall be confirmed in writing. If an adjustment is necessary to correct a material error which has caused Variable Contract owners to receive less than the amount to which they are entitled, the number of shares of the appropriate Fund(s) attributable to the accounts of the Variable Contract owners will be adjusted and the amount of any underpayments shall be credited by the Trust to the Company for crediting of such amounts to the applicable Variable Contract owners' accounts. Upon notification by the Trust or its designee of any overpayment due to a material error, the Company shall promptly remit to the Trust any overpayment that has not been paid to Variable Contract owners. If any such overpayment has been paid to Variable Contract owners, upon request by Trust or its designee, the Company shall provide reasonable assistance to recover overpayments from Variable Contract owners or make other adjustments of applicable Shares in the applicable Variable Contract owners' accounts in lieu thereof. If because of a pricing error Variable Contract owners underpaid for units of interest credited to his/her account, upon request by Trust, the Company shall provide reasonable assistance to recover any such underpayments or make or other adjustment of applicable shares in the applicable Variable Contract owners' accounts in lieu thereof.", "hash": "b7b5fe113cd8a213dc6fca2a91f57793", "id": 6}, {"size": 2, "snippet_links": [{"key": "in-the-event-of", "type": "definition", "offset": [0, 15]}, {"key": "information-regarding", "type": "clause", "offset": [51, 72]}, {"key": "the-purchase", "type": "clause", "offset": [73, 85]}, {"key": "shares-of", "type": "clause", "offset": [127, 136]}, {"key": "the-funds", "type": "clause", "offset": [137, 146]}, {"key": "the-parties-agree-that", "type": "clause", "offset": [148, 170]}, {"key": "the-separate-accounts", "type": "clause", "offset": [197, 218]}, {"key": "each-case", "type": "definition", "offset": [307, 316]}, {"key": "related-fund", "type": "clause", "offset": [324, 336]}, {"key": "pricing-errors", "type": "definition", "offset": [366, 380]}, {"key": "if-applicable", "type": "clause", "offset": [382, 395]}, {"key": "in-addition", "type": "clause", "offset": [397, 408]}, {"key": "relating-to", "type": "definition", "offset": [466, 477]}, {"key": "costs-of", "type": "clause", "offset": [482, 490]}, {"key": "reasonable-costs", "type": "definition", "offset": [543, 559]}, {"key": "no-costs", "type": "clause", "offset": [743, 751]}, {"key": "business-days", "type": "clause", "offset": [817, 830]}, {"key": "the-applicable", "type": "clause", "offset": [841, 855]}, {"key": "trade-date", "type": "definition", "offset": [856, 866]}, {"key": "maximum-amount", "type": "definition", "offset": [880, 894]}, {"key": "either-party", "type": "definition", "offset": [907, 919]}, {"key": "responsible-for", "type": "clause", "offset": [928, 943]}, {"key": "per-occurrence", "type": "clause", "offset": [1028, 1042]}, {"key": "each-party", "type": "clause", "offset": [1044, 1054]}, {"key": "provide-the", "type": "clause", "offset": [1065, 1076]}, {"key": "notice-of-any", "type": "clause", "offset": [1095, 1108]}, {"key": "reasonable-efforts", "type": "definition", "offset": [1177, 1195]}], "samples": [{"hash": "ayRxeyLIalW", "uri": "/contracts/ayRxeyLIalW#indemnification-for-errors", "label": "Retail Fund Participation Agreement (Hartford Life Insurance Co Separate Account 11)", "score": 20.3080082136, "published": true}], "snippet": "In the event of any error or delay with respect to information regarding the purchase, redemption, transfer or registration of Shares of the Funds, the parties agree that each is obligated to make the Separate Accounts and/or the Funds, respectively, whole for any error or delay that it causes, subject in each case to the related Fund's policies on materiality of pricing errors, if applicable. In addition, the parties specifically agree that any indemnification relating to the costs of reprocessing of transactions will be limited to the reasonable costs of such reprocessing as may be necessary to adjust its respective accounting and/or record-keeping systems as a result of an error or delay; provided, however, that (1) there will be no costs payable with respect to any error or delay identified within two Business Days following the applicable trade date, and (2) the maximum amount as to which either party will be responsible for indemnification for reprocessing costs with respect to any error or delay is $2,000 per occurrence. Each party agrees to provide the other with prompt notice of any errors or delays of the type referred to in this Section and to use reasonable efforts to take such action as may be appropriate to avoid or mitigate any such costs or losses.", "hash": "221b0a77be947628bfdedd9c43bdee3d", "id": 7}, {"size": 2, "snippet_links": [{"key": "in-the-event-of", "type": "definition", "offset": [0, 15]}, {"key": "information-regarding", "type": "clause", "offset": [51, 72]}, {"key": "the-purchase", "type": "clause", "offset": [73, 85]}, {"key": "shares-of", "type": "clause", "offset": [127, 136]}, {"key": "the-funds", "type": "clause", "offset": [137, 146]}, {"key": "the-parties-agree", "type": "clause", "offset": [148, 165]}, {"key": "the-separate-accounts", "type": "clause", "offset": [197, 218]}, {"key": "each-case", "type": "definition", "offset": [307, 316]}, {"key": "related-fund", "type": "clause", "offset": [324, 336]}, {"key": "pricing-errors", "type": "definition", "offset": [366, 380]}, {"key": "if-applicable", "type": "clause", "offset": [382, 395]}, {"key": "in-addition", "type": "clause", "offset": [397, 408]}, {"key": "relating-to", "type": "definition", "offset": [467, 478]}, {"key": "costs-of", "type": "clause", "offset": [483, 491]}, {"key": "reasonable-costs", "type": "definition", "offset": [544, 560]}, {"key": "no-costs", "type": "clause", "offset": [744, 752]}, {"key": "business-days", "type": "clause", "offset": [818, 831]}, {"key": "the-applicable", "type": "clause", "offset": [842, 856]}, {"key": "trade-date", "type": "definition", "offset": [857, 867]}, {"key": "maximum-amount", "type": "definition", "offset": [881, 895]}, {"key": "either-party", "type": "definition", "offset": [908, 920]}, {"key": "responsible-for", "type": "clause", "offset": [929, 944]}, {"key": "per-occurrence", "type": "clause", "offset": [1029, 1043]}, {"key": "each-party", "type": "clause", "offset": [1045, 1055]}, {"key": "provide-the", "type": "clause", "offset": [1066, 1077]}, {"key": "notice-of-any", "type": "clause", "offset": [1096, 1109]}, {"key": "reasonable-efforts", "type": "definition", "offset": [1178, 1196]}], "samples": [{"hash": "euN7A6IROi9", "uri": "/contracts/euN7A6IROi9#indemnification-for-errors", "label": "Retail Fund Participation Agreement (Talcott Resolution Life Insurance Co- Separate Account Twelve)", "score": 31.3271731691, "published": true}], "snippet": "In the event of any error or delay with respect to information regarding the purchase, redemption, transfer or registration of Shares of the Funds, the parties agree U1at each is obligated to make the Separate Accounts and/or the Funds, respectively, whole for any error or delay that it causes, subject in each case to the related Fund\u2019s policies on materiality of pricing errors, if applicable. In addition , the parties specifically agree that any indemnification relating to the costs of reprocessing of transactions will be limited to the reasonable costs of such reprocessing as may be necessary to adjust its respective accounting and/or record-keeping systems as a result of an error or delay; provided, however, that (1) there will be no costs payable with respect to any error or delay identified within two Business Days following the applicable trade date, and (2) the maximum amount as to which either party will be responsible for indemnification for reprocessing costs with respect to any error or delay is $2,000 per occurrence. Each party agrees to provide the other with prompt notice of any errors or delays of the type referred to in this Section and to use reasonable efforts to take such action as may be appropriate to avoid or mitigate any such costs or losses.", "hash": "1a2607b491fc148baaa990b06f91af02", "id": 8}, {"size": 2, "snippet_links": [{"key": "in-the-event-of", "type": "definition", "offset": [0, 15]}, {"key": "information-regarding", "type": "clause", "offset": [51, 72]}, {"key": "the-purchase", "type": "clause", "offset": [73, 85]}, {"key": "of-the-trust", "type": "clause", "offset": [134, 146]}, {"key": "the-parties-agree-that", "type": "clause", "offset": [148, 170]}, {"key": "the-separate-accounts", "type": "clause", "offset": [197, 218]}, {"key": "in-the-case", "type": "clause", "offset": [304, 315]}, {"key": "pricing-errors", "type": "definition", "offset": [319, 333]}, {"key": "in-addition", "type": "clause", "offset": [404, 415]}, {"key": "each-party", "type": "clause", "offset": [417, 427]}, {"key": "costs-of", "type": "clause", "offset": [512, 520]}, {"key": "provide-the", "type": "clause", "offset": [603, 614]}, {"key": "notice-of-any", "type": "clause", "offset": [633, 646]}, {"key": "the-company-and-the", "type": "clause", "offset": [705, 724]}, {"key": "error-procedures", "type": "clause", "offset": [762, 778]}], "samples": [{"hash": "f9PDQ1Yd8va", "uri": "/contracts/f9PDQ1Yd8va#indemnification-for-errors", "label": "Fund Participation Agreement (Symetra Resource Variable Account B)", "score": 25.3258042437, "published": true}], "snippet": "In the event of any error or delay with respect to information regarding the purchase, redemption, transfer or registration of Shares of the Trust, the parties agree that each is obligated to make the Separate Accounts and/or the Trust, respectively, whole for any error or delay that it causes, subject in the case of pricing errors to the related Portfolio's policies on materiality of pricing errors. In addition, each party agrees that neither will receive compensation from the other for the administrative costs of any reprocessing necessary as a result of an error or delay. Each party agrees to provide the other with prompt notice of any errors or delays of the type referred to in this Section. The Company and the Trust agree that Eato\u2587 \u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587cing Error Procedures shall govern.", "hash": "07c5eb8210f712668b55047b7fd2b5b7", "id": 9}, {"size": 2, "snippet_links": [{"key": "in-the-event-of", "type": "definition", "offset": [0, 15]}, {"key": "information-regarding", "type": "clause", "offset": [51, 72]}, {"key": "the-purchase", "type": "clause", "offset": [73, 85]}, {"key": "shares-of-the-fund", "type": "clause", "offset": [127, 145]}, {"key": "the-parties-agree-that", "type": "clause", "offset": [147, 169]}, {"key": "the-accounts", "type": "clause", "offset": [196, 208]}, {"key": "in-the-case", "type": "clause", "offset": [293, 304]}, {"key": "pricing-errors", "type": "definition", "offset": [308, 322]}, {"key": "to-the-fund", "type": "definition", "offset": [323, 334]}, {"key": "in-addition", "type": "clause", "offset": [380, 391]}, {"key": "each-party-will", "type": "clause", "offset": [393, 408]}, {"key": "mutually-agreed", "type": "clause", "offset": [473, 488]}, {"key": "in-good-faith", "type": "definition", "offset": [494, 507]}, {"key": "by-the-parties", "type": "clause", "offset": [508, 522]}, {"key": "provide-the", "type": "clause", "offset": [675, 686]}, {"key": "notice-of-any", "type": "clause", "offset": [705, 718]}, {"key": "reasonable-efforts", "type": "definition", "offset": [787, 805]}, {"key": "the-foregoing", "type": "definition", "offset": [924, 937]}, {"key": "material-error", "type": "clause", "offset": [953, 967]}, {"key": "reporting-of", "type": "clause", "offset": [986, 998]}, {"key": "closing-net-asset-value", "type": "definition", "offset": [1003, 1026]}, {"key": "dividend-factor", "type": "definition", "offset": [1058, 1073]}, {"key": "immediately-upon-discovery", "type": "clause", "offset": [1102, 1128]}, {"key": "to-the-company", "type": "clause", "offset": [1129, 1143]}, {"key": "the-company-shall", "type": "clause", "offset": [1159, 1176]}, {"key": "adjustment-to", "type": "clause", "offset": [1195, 1208]}, {"key": "number-of-shares-purchased", "type": "definition", "offset": [1213, 1239]}, {"key": "cost-of", "type": "definition", "offset": [1385, 1392]}, {"key": "lesser-amount", "type": "definition", "offset": [1433, 1446]}, {"key": "next-business-day", "type": "definition", "offset": [1473, 1490]}, {"key": "net-asset-value-per-share", "type": "definition", "offset": [1493, 1518]}], "samples": [{"hash": "hRV2fac0pNX", "uri": "/contracts/hRV2fac0pNX#indemnification-for-errors", "label": "Participation Agreement (Ml of New York Variable Annuity Separate Account D)", "score": 19.9199178645, "published": true}], "snippet": "In the event of any error or delay with respect to information regarding the purchase, redemption, transfer or registration of Shares of the Fund, the parties agree that each is obligated to make the Accounts and/or the Fund, respectively, whole for any error or delay that it causes, subject in the case of pricing errors to the Fund\u2019s policies on materiality of pricing errors. In addition, each party will compensate the other for the reasonable out-of-pocket costs, as mutually agreed upon in good faith by the parties, of any reprocessing necessary to adjust its respective accounting and/or record-keeping systems as a result of an error or delay. Each party agrees to provide the other with prompt notice of any errors or delays of the type referred to in this Section and to use reasonable efforts to take such action as may be appropriate to avoid or mitigate any such costs or losses. Subject to the provisions of the foregoing paragraph, any material error in calculation or reporting of the closing net asset value including any applicable daily dividend factor per Share shall be reported immediately upon discovery to the Company. In such event the Company shall be entitled to an adjustment to the number of Shares purchased or redeemed to reflect the correct closing net asset value, including any applicable daily dividend factor per share and the Fund shall bear the cost of correcting such errors. Any errors of a lesser amount shall be corrected in the next Business Day\u2019s net asset value per Share.", "hash": "3763e161c33210d5d20ac59caacfaf90", "id": 10}], "next_curs": "CmMSXWoVc35sYXdpbnNpZGVyY29udHJhY3Rzcj8LEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IiNpbmRlbW5pZmljYXRpb24tZm9yLWVycm9ycyMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"size": 84, "title": "Indemnification for Errors", "children": [], "parents": [["indemnification", "Indemnification"], ["sale-of-fund-shares", "Sale of Fund Shares"], ["voting", "Voting"], ["sales-material-and-information", "Sales Material and Information"], ["resolution-of-material-conflict", "Resolution of Material Conflict"]], "id": "indemnification-for-errors", "related": [["indemnification-for-expenses-of", "Indemnification for Expenses of", "Indemnification for Expenses of"], ["indemnification-for-expenses-of-a-witness", "INDEMNIFICATION FOR EXPENSES OF A WITNESS", "INDEMNIFICATION FOR EXPENSES OF A WITNESS"], ["indemnification-for-expenses-as-a-witness", "Indemnification for Expenses as a Witness", "Indemnification for Expenses as a Witness"], ["indemnification-etc", "Indemnification Etc", "Indemnification Etc"], ["indemnification-for-expenses-in-enforcing-rights", "Indemnification for Expenses in Enforcing Rights", "Indemnification for Expenses in Enforcing Rights"]], "related_snippets": [], "updated": "2025-07-07T12:36:18+00:00", "also_ask": ["What limitations or caps on liability should be negotiated in indemnification for errors clauses?", "Which errors must be expressly included or excluded to protect the indemnified party?", "How do courts interpret 'errors'\u2014does it include negligence, gross negligence, or only willful misconduct?", "What are the most common pitfalls that render indemnification for errors clauses unenforceable?", "How does this clause compare to standard indemnification provisions in similar contracts?"], "drafting_tip": "Specify covered errors, identify responsible parties, and set liability limits to ensure clarity, allocate risk fairly, and prevent excessive exposure.", "explanation": "The Indemnification for Errors clause requires one party to compensate the other for losses or damages resulting from mistakes, inaccuracies, or omissions in the performance of contractual duties. Typically, this means that if a party's error causes financial harm or legal liability to the other party, the responsible party must cover those costs, such as legal fees or settlement amounts. This clause serves to allocate risk by ensuring that the party at fault for an error bears the financial consequences, thereby protecting the non-breaching party from losses arising from mistakes outside their control."}, "json": true, "cursor": ""}}