Common use of Indemnification Not Exclusive, etc Clause in Contracts

Indemnification Not Exclusive, etc. The right of indemnification provided by this Article VIII shall not be exclusive of or affect any other rights to which any such Covered Person may be entitled. As used in this Article VIII, a "DISINTERESTED" Person is one against whom none of the actions, suits or other proceedings in question, and no other action, suit or other proceeding on the same or similar grounds is then or has been pending or threatened. Nothing contained in this Article VIII shall affect any rights to indemnification to which personnel of the Trust, other than Trustees and officers, and other Persons may be entitled by contract or otherwise under law, nor the power of the Trust to purchase and maintain liability insurance on behalf of any such Person.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Alger Fund), Agreement and Declaration of Trust (Janus Investment Fund)

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Indemnification Not Exclusive, etc. The right of indemnification provided by this Article VIII VII shall not be exclusive of or affect any other rights to which any such Covered Person or shareholder may be entitled. As used in this Article VIIIVII, a "DISINTERESTEDdisinterested" Person is one against whom none of the actions, suits or other proceedings in question, and no other action, suit or other proceeding on the same or similar grounds is then or has been pending or threatened. Nothing contained in this Article VIII VII shall affect any rights to indemnification to which personnel of the Trusttrust, other than Trustees and officers, and other Persons may be entitled by contract or otherwise under law, nor the power of the Trust to purchase and maintain liability insurance on behalf of any such Person.

Appears in 2 contracts

Samples: Declaration of Trust (Allianz Variable Insurance Products Fund of Funds Trust), Agreement (USAllianz Variable Insurance Products Fund of Funds Trust)

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Indemnification Not Exclusive, etc. The right of indemnification provided by this Article VIII VII shall not be exclusive of or affect any other rights to which any such Covered Person or shareholder may be entitled. As used in this Article VIIIVII, a "DISINTERESTED" Person is one against whom none of the actions, suits or other proceedings in question, and no other action, suit or other proceeding on the same or similar grounds is then or has been pending or threatened. Nothing contained in this Article VIII VII shall affect any rights to indemnification to which personnel of the Trust, other than Trustees and officers, and other Persons may be entitled by contract or otherwise under law, nor the power of the Trust to purchase and maintain liability insurance on behalf of any such Person.

Appears in 1 contract

Samples: Agreement and Declaration (Evergreen Variable Trust /Oh)

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