Common use of Indemnification of Shareholders Clause in Contracts

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.

Appears in 186 contracts

Samples: Agreement (Oppenheimer Rochester Virginia Municipal Fund), Oppenheimer Series Fund (Oppenheimer Series Fund Inc), Agreement and Declaration of Trust (Oppenheimer Commodity Strategy Total Return Fund)

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Indemnification of Shareholders. If any Shareholder or former Shareholder of any Series is shall be 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, 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 such Shareholder for any act or obligation of the Series and satisfy any judgment thereon from the assets belonging to of the Series.

Appears in 137 contracts

Samples: Agreement and Declaration (Calamos Convertible Opportunities & Income Fund), Agreement (Harbor ETF Trust), Agreement and Declaration (Calamos Dynamic Convertible & Income Fund)

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 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 Assets belonging to the Series.

Appears in 11 contracts

Samples: Agreement and Declaration of Trust (Touchstone ETF Trust), Agreement and Declaration of Trust (Federated Hermes ETF Trust), Agreement and Declaration of Trust (Federated Hermes ETF Trust)

Indemnification of Shareholders. If any Shareholder or former Shareholder of any Series is shall be 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 such person's heirs, executors, administrators or other legal representatives or, 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 such claim made against him or her such Shareholder for any act or obligation of the Series and satisfy any judgment thereon from the assets belonging to of the Series.

Appears in 5 contracts

Samples: Agreement and Declaration (T D Waterhouse Family of Funds), Berger Enhanced Portfolio Trust, Westport Funds

Indemnification of Shareholders. If any Shareholder or former Shareholder of any Series is shall be 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, 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 such Shareholder for any act or obligation of the Series and satisfy any judgment thereon from the assets belonging to of the Series.

Appears in 5 contracts

Samples: Agreement and Declaration of Trust (Pioneer Municipal High Income Trust), Agreement and Declaration of Trust (Pioneer Municipal High Income Advantage Trust), Agreement and Declaration of Trust (Pioneer Floating Rate Trust)

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 administrators, or other legal representatives or, in the case of any entity, its general successor) shall be entitled out of the assets 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 on 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 that Series and satisfy any judgment thereon from the assets Assets belonging to the that Series.

Appears in 3 contracts

Samples: WisdomTree Trust, WisdomTree Trust, WisdomTree Trust

Indemnification of Shareholders. If any Shareholder or former Shareholder of any Series is shall be 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, 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 to the maximum extent permitted by law 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 such Shareholder for any act or obligation of the Series and satisfy any judgment thereon from the assets belonging to of the Series.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Credit Suisse Opportunity Funds), Mutual Funds (Dljdirect Mutual Funds)

Indemnification of Shareholders. If any Shareholder or former Shareholder of any Series is shall be 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, 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 TrustFocus Funds Series, 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 such Shareholder for any act or obligation of the Series and satisfy any judgment thereon from the assets belonging to of the Series.

Appears in 1 contract

Samples: Agreement and  declaration of Focus (Focus Funds Series Inc.)

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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 his, her or her its 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 him, her or her it for any act or obligation of the Series and satisfy any judgment thereon from the assets belonging to the Series.

Appears in 1 contract

Samples: Agreement and Declaration (FS Series Trust)

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.. ARTICLE VI11

Appears in 1 contract

Samples: Oppenheimer Integrity Funds (Oppenheimer Integrity Funds)

Indemnification of Shareholders. If any Shareholder or former ------------------------------- Shareholder of any Series is shall be 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, 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 such Shareholder for any act or obligation of the Series and satisfy any judgment thereon from the assets belonging to of the Series.

Appears in 1 contract

Samples: Goldman Sachs Trust

Indemnification of Shareholders. If any Shareholder or former Shareholder of any Series is shall be 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, or in the case of any entity, its general successor) shall be 18 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 such Shareholder for any act or obligation of the Series and satisfy any judgment thereon from the assets belonging to of the Series.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Harbor Fund)

Indemnification of Shareholders. If any Shareholder or former Shareholder of any Series is shall be 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, 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 such claim made against him or her such Shareholder for any act or obligation of the Series and satisfy any judgment thereon from the assets belonging to of the Series.

Appears in 1 contract

Samples: Janus Adviser Series

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