Indemnification of Shareholders Sample Clauses

Indemnification of Shareholders. If any Shareholder or former Shareholder of any Series is held personally liable solely by reason of his or her being or having been a Shareholder and not because of his or her acts or omissions or for some other reason, the Shareholder or former Shareholder (or his or her heirs, executors, administrators or other legal representatives or, in the case of any entity, its general successor) shall be entitled out of the assets belonging to the applicable Series to be held harmless from and indemnified against all loss and expense arising from such liability. The Trust, on behalf of the affected Series, shall, upon request by such Shareholder or former Shareholder, assume the defense of any claim made against him or her for any act or obligation of the Series and satisfy any judgment thereon from the assets belonging to the Series.
Indemnification of Shareholders. In case any Shareholder or former Shareholder shall be charged or held to be personally liable for any obligation or liability of the Trust solely by reason of being or having been a Shareholder and not because of such Shareholder's acts or omissions or for some other reason, the Trust (upon proper and timely request by the Shareholder) shall assume the defense against such charge and satisfy any judgment thereon, and the Shareholder or former Shareholder (or his heirs, executors, administrators or other legal representatives or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled out of the assets of the Trust estate to be held harmless from and indemnified against all loss and expense arising from such liability; provided that, in the event the Trust shall consist of more than one Series, Shareholders of a particular Series that are faced with claims or liabilities solely by reason of their status as Shareholders of that Series shall be limited to the assets of that Series for recovery of such loss and related expenses. The rights accruing to a Shareholder under this Section 6.3 shall not exclude any other right to which such Shareholder may be lawfully entitled, nor shall anything herein contained restrict the right of the Trust to indemnify or reimburse a Shareholder in any appropriate situation even though not specifically provided herein.
Indemnification of Shareholders. 28 SECTION 8.4. Indemnification of Trustees, Officers, etc. ................ 28 SECTION 8.5. Compromise Payment ......................................... 29 SECTION 8.6. Indemnification Not Exclusive, etc. ........................ 29 SECTION 8.7. Liability of Third Persons Dealing with Trustees ........... 29
Indemnification of Shareholders. 14 ARTICLE IV THE BOARD OF TRUSTEES.................................................................... 14 Section 1. Number, Election, Term, Removal and Resignation........................... 14 Section 2. Trustee Action by Written Consent Without a Meeting...................... 15 Section 3. Powers; Other Business Interests; Quorum and Required Vote.......... 16 Section 4. Payment of Expenses by the Trust...................................................... 18 Section 5. Payment of Expenses by Shareholders................................................ 18 Section 6. Ownership of Trust Property............................................................... 18 Section 7. Service Contracts................................................................................. 19 ARTICLE V SHAREHOLDERS’ VOTING POWERS AND MEETINGS..................... 20
Indemnification of Shareholders. In case any Shareholder or former Shareholder shall be charged or held to be personally liable for any obligation or liability of the Trust solely by reason of being or having been a Shareholder and not because of such Shareholder's acts or omissions or for some other reason, the Trust (upon proper and timely request by the Shareholder) shall assume the defense against such charge and satisfy any judgment thereon, and the Shareholder or former Shareholder (or his heirs, executors, administrators or other legal representatives or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled out of the assets of the Trust estate to be held harmless from and indemnified against all loss and expense arising from such liability;
Indemnification of Shareholders. 19 4. Indemnification of Trustees, Officers, etc......................19 5.
Indemnification of Shareholders. 14 ARTICLE IV....................................................................15
Indemnification of Shareholders. 24 Section 6.4 Indemnification of Trustees, Officers, etc................24 Section 6.5 Advances of Expenses......................................25 Section 6.6 Indemnification Not Exclusive, etc........................25 Section 6.7 Liability of Third Persons Dealing with Trustees..................................................25 ARTICLE VII. MISCELLANEOUS.............................................25 ------------ -------------
Indemnification of Shareholders. 18 4. Indemnification of Trustees, Officers, etc...................................................................... 18 5. Compromise Payment.................................................................................................. 19