Common use of Indemnification of Shareholders Clause in Contracts

Indemnification of Shareholders. If any Shareholder (or former Shareholder) of the Trust 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) may assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expenses, and the Shareholder or former Shareholder (or the heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series of which such Shareholder or former Shareholder is or was the holder of Shares) to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 89 contracts

Samples: Agreement and Declaration (Forefront Income Trust), Agreement and Declaration of Trust (Forefront Income Trust), Agreement and Declaration (Evergreen Money Market Trust)

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Indemnification of Shareholders. If In case any Shareholder (or former Shareholder) of the Trust Shareholder shall be charged or held to be personally liable for any obligation or liability of the Trust solely by reason of his or her being or having been a Shareholder of the Trust or of a particular Series or class and not because of such Shareholder's his or her acts or omissions or for some other reason, the Trust (upon proper and timely request by the Shareholder) may assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expenses, and the Shareholder or former Shareholder (or the his or her heirs, executors, administrators or other legal representatives thereofor, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series (or attributable to the class) of which such he or she is a Shareholder or former Shareholder is or was the holder of Shares) to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 53 contracts

Samples: Agreement and Declaration of Trust (Stone Harbor Investment Funds), Agreement and Declaration of Trust (Fixed Income Shares), Natixis Etf Trust (Natixis ETF Trust)

Indemnification of Shareholders. If any Shareholder (or former Shareholder) of the Trust 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 ’s acts or omissions or for some other reason, the Trust (upon proper and timely request by the Shareholder) may assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expenses, and the Shareholder or former Shareholder (or the heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series of which such Shareholder or former Shareholder is or was the holder of Shares) to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 23 contracts

Samples: Agreement and Declaration (Metropolitan Series Fund), Cushing Funds Trust (Cushing Funds Trust), Funds Trust (Cushing MLP Funds Trust)

Indemnification of Shareholders. If In case any Shareholder (or former Shareholder) of the Trust 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) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expensesthereon, and the Shareholder or former Shareholder (or the his heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series of which such Shareholder or former Shareholder is or was the holder of Shares) Trust estate to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 23 contracts

Samples: Agreement and Declaration (Schwartz Investment Trust), Agreement and Declaration (Destination Funds), Agreement and Declaration (Delta Funds Inc)

Indemnification of Shareholders. If any Shareholder (or former Shareholder) of the Trust 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) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expensesthereon, and the Shareholder or former Shareholder (or the heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series Portfolio of which such Shareholder or former Shareholder is or was the holder of Shares) to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 16 contracts

Samples: Common Sense Trust (Common Sense Trust), Agreement and Declaration (Warburg Pincus Fixed Income Fund /Ny/), Agreement and Declaration of Trust (Alger Fund)

Indemnification of Shareholders. If In case any Shareholder (or former Shareholder) of the Trust Shareholder shall be charged or held to be personally liable for any obligation or liability of the Trust or any Series solely by reason of being or having been a Shareholder (other than taxes payable by virtue of owning shares) 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) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expensesthereon, and the Shareholder or former Shareholder (or the his heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series of which such Shareholder or former Shareholder is or was the holder of Shares) applicable series to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 9 contracts

Samples: Empyreal Investment Trust (Empyreal Investment Trust), Agreement and Declaration of Trust (Eubel Brady & Suttman Mutual Fund Trust), Papp Investment Trust (Papp Investment Trust)

Indemnification of Shareholders. If any Shareholder (or former Shareholder) of the Trust 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) may assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders Shareholder or former Shareholder for expenses, and the Shareholder or former Shareholder (or the heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series of which such Shareholder or former Shareholder is or was the holder of Shares) to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 7 contracts

Samples: Agreement and Declaration of Trust (4 Winds Family of Funds), Agreement and Declaration of Trust (Stratevest Funds), Agreement and Declaration (BBH Trust)

Indemnification of Shareholders. If In case any Shareholder (or former Shareholder) of any Sub-Trust of the Trust 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 ’s acts or omissions or for some other reason, the said Sub-Trust (upon proper and timely request by the Shareholder) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expensesthereon, and the Shareholder or former Shareholder (or the such Shareholder’s or former Shareholder’s heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series of which such Shareholder or former Shareholder is or was the holder of Shares) said Sub-Trust estate to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 6 contracts

Samples: Master Trust Agreement (Russell Investment Co), Master Trust Agreement (Russell Investment Funds), Master Trust Agreement (Russell Investment Funds)

Indemnification of Shareholders. If any Shareholder (or former Shareholder) of the Trust 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 ’s acts or omissions or for some other reason, the Trust (upon proper and timely request by the Shareholder) may assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders Shareholder or former Shareholder for expenses, and the Shareholder or former Shareholder (or the heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series of which such Shareholder or former Shareholder is or was the holder of Shares) to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 5 contracts

Samples: Agreement and Declaration (Huntington Strategy Shares), Agreement and Declaration (BBH Trust), Agreement and Declaration (BBH Trust)

Indemnification of Shareholders. If In case any Shareholder (or former Shareholder) of the Trust 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) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expensesthereon, and the Shareholder or former Shareholder (or the his or her heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series of which such Shareholder or former Shareholder is or was the holder of Shares) Trust estate to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 5 contracts

Samples: Broadway Trust (Broadway Trust), Agreement and Declaration (Surgeons Diversified Investment Fund), Agreement and Declaration (Appleton Funds)

Indemnification of Shareholders. If In case any Shareholder (or former Shareholder) of any Series of the Trust 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 ’s acts or omissions or for some other reason, the Trust said series (upon proper and timely request by the Shareholder) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expenses, thereons and the Shareholder or former Shareholder (or the his heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series of which such Shareholder or former Shareholder is or was the holder of Shares) said Series’ estate to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 4 contracts

Samples: Agreement and Declaration of Trust (Pacific Select Fund), Agreement and Declaration of Trust (Pacific Select Fund), Agreement and Declaration of Trust (Pacific Select Fund)

Indemnification of Shareholders. If any Shareholder (or former Shareholder) of the Trust 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 ’s acts or omissions or for some other reason, the Trust (upon proper and timely request by the Shareholder) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expensesthereon, and the Shareholder or former Shareholder (or the heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series Portfolio of which such Shareholder or former Shareholder is or was the holder of Shares) to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 4 contracts

Samples: Agreement and Declaration of Trust (Alger Institutional Funds), Agreement and Declaration (Alger Portfolios), Agreement and Declaration (Alger Funds Ii)

Indemnification of Shareholders. If any Shareholder (or former Shareholder) of the Trust 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 ’s acts or omissions or for some other reason, the Trust (upon proper and timely request by the Shareholder) may assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders Shareholder for expenses, and the Shareholder or former Shareholder (or the heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series of which such Shareholder or former Shareholder is or was the holder of Shares) to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 4 contracts

Samples: An Agreement and Declaration of Trust (Securian Funds Trust), And Restated Agreement (Allianz Variable Insurance Products Fund of Funds Trust), Agreement and Declaration of Trust (Advantus Series Fund Inc)

Indemnification of Shareholders. If In case any Shareholder (or former Shareholder) of any Sub-Trust of the Trust 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 on behalf of said Sub-Trust (upon proper and timely request by the Shareholder) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse thereon, and, to the Shareholders for expensesfullest extent permitted by law, and the Shareholder or former Shareholder (or the his heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series of which such Shareholder or former Shareholder is or was the holder of Shares) said Sub-Trust estate to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 3 contracts

Samples: Master Trust Agreement (Victory Portfolios Iii), Master Trust Agreement (Usaa Mutual Funds Trust), Master Trust Agreement (Usaa Mutual Funds Trust)

Indemnification of Shareholders. If In case any Shareholder (or former Shareholder) of any Series of the Trust 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 said Series (upon proper and timely request by the Shareholder) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expensesthereon, and the Shareholder or former Shareholder (or the his heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series of which such Shareholder or former Shareholder is or was the holder of Shares) said Series' estate to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 3 contracts

Samples: Agreement And (Pimco Advisors Institutional Funds), Uslico Series Fund (Uslico Series Fund/Va/), Pimco Funds Equity Advisors Series

Indemnification of Shareholders. If any Shareholder (or former Shareholder) of the Trust 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) may assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders Shareholder for expenses, and the Shareholder or former Shareholder (or the heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series of which such Shareholder or former Shareholder is or was the holder of Shares) to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 3 contracts

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

Indemnification of Shareholders. If any Shareholder (or former Shareholder) of the Trust 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) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expensesthereon, and the Shareholder or former Shareholder (or the his heirs, executors, administrators or other legal representatives thereofrepresentative, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series Fund of which such Shareholder or former Shareholder is or was the holder of Shares) to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 2 contracts

Samples: Investment Trust (Tuscarora Investment Trust), Agreement and Declaration (Albemarle Investment Trust/)

Indemnification of Shareholders. If any Shareholder (or former Shareholder) of the Trust 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) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expensesthereon, and the Shareholder or former Shareholder (or the heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series Fund of which such Shareholder or former Shareholder is or was the holder of Shares) to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 2 contracts

Samples: Axp Special Tax-Exempt Series Trust, Axp California Tax-Exempt Trust

Indemnification of Shareholders. If any Shareholder (or former Shareholder) of the Trust 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) may assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders Shareholder for expenses, and the Shareholder or former Shareholder (or the heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series of which such Shareholder or former Shareholder is or was the holder of Shares) to be held harmless from and indemnified against all loss and expense arising from such liability.or

Appears in 2 contracts

Samples: Agreement and Declaration (Usallianz Variable Insurance Products Trust), Agreement and Declaration (Usallianz Funds)

Indemnification of Shareholders. If any Shareholder (or former Shareholder) of the Trust 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 ’s acts or omissions or for some other reason, the Trust (upon proper and timely request by the Shareholder) may assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expenses, and the Shareholder or former Shareholder (or the heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series of which such Shareholder or former Shareholder is or was the holder of Shares) to be held harmless from and indemnified against all loss and expense arising from such liability. Section 4.

Appears in 2 contracts

Samples: And Restated Agreement and Declaration (Evergreen Money Market Trust), Agreement and Declaration (Evergreen Fixed Income Trust /De/)

Indemnification of Shareholders. If In case any Shareholder (or former Shareholder) of the Trust 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) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expensesthereon, and the Shareholder or former Shareholder (or the his heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series of which such Shareholder or former Shareholder is or was the holder of Shares) Trust estate to be held harmless from and indemnified against all loss and expense arising from such liability.;

Appears in 2 contracts

Samples: Analysts Investment Trust (Analysts Investment Trust), Johnson Mutual Funds Trust

Indemnification of Shareholders. If In case any Shareholder (or former Shareholder) of the Trust any Series of Shares 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 ’s acts or omissions or for some other reason, the Trust (upon proper and timely request by the Shareholder) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expensesthereon, and the Shareholder or former Shareholder (or the his heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series of which such Shareholder or former Shareholder is or was the holder of Shares) to be held harmless from and indemnified against all loss and expense arising from such liability, but in each case only out of the assets of such Series of Shares.

Appears in 2 contracts

Samples: Agreement and Declaration (John Hancock Variable Insurance Trust), Agreement and Declaration of Trust (John Hancock Variable Insurance Trust)

Indemnification of Shareholders. If In case any Shareholder (or former Shareholder) of the Trust 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) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expensesthereon, and the Shareholder or former Shareholder (or the his heirs, executors, administrators or other legal representatives thereofor, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series of which such Shareholder or former Shareholder is or was the holder of Shares) Trust estate to be held harmless from and indemnified against all loss and expense arising from such charge or liability.

Appears in 2 contracts

Samples: An Agreement (Phoenix Series Fund), Phoenix Multi Portfolio Fund

Indemnification of Shareholders. If any Shareholder (or former Shareholder) of the Trust 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) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expensesthereon, and the Shareholder or former Shareholder (or the his heirs, executors, administrators or other legal representatives thereofrepresentatives, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series Fund of which such Shareholder or former Shareholder is or was the holder of Shares) to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Dreyfus Investment Funds), Declaration of Trust (Standish Ayer & Wood Investment Trust)

Indemnification of Shareholders. If In case any Shareholder (or former Shareholder) of any Sub- Trust of the Trust 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 on behalf of said Sub-Trust (upon proper and timely request by the Shareholder) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse thereon, and, to the Shareholders for expensesfullest extent permitted by law, and the Shareholder or former Shareholder (or the his heirs, executors, administrators administrators, or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series of which such Shareholder or former Shareholder is or was the holder of Shares) said Sub-Trust estate to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 2 contracts

Samples: Funds Amended Agreement (LKCM Fund), LKCM Fund Agreement (LKCM Fund)

Indemnification of Shareholders. If any Shareholder (or former Shareholder) of the Trust 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) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expensesthereon, and the Shareholder or former Shareholder (or the heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series Fund of which such Shareholder or former Shareholder is or was the holder of Shares) to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 2 contracts

Samples: Alliance Tax Exempt Reserves (Alliance Municipal Trust), Agreement and Declaration of Trust (Global China Growth Fund)

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Indemnification of Shareholders. If In case any Shareholder (or former Shareholder) of the Trust 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 ’s acts or omissions or for some other reason, the Trust (upon proper and timely request by the Shareholder) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expensesthereon, and the Shareholder or former Shareholder (or the his heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series of which such Shareholder or former Shareholder is or was the holder of Shares) Trust estate to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 1 contract

Samples: Agreement (Dupree Mutual Funds)

Indemnification of Shareholders. If any Shareholder (or former Shareholder) of the Trust 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 Shareholders acts or omissions or for some other reason, the Trust (upon proper and timely request by the Shareholder) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expensesthereon, and the Shareholder or former Shareholder (or the heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series Portfolio of which such Shareholder or former Shareholder is or was the holder of Shares) to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Alliance International Fund Inc)

Indemnification of Shareholders. If any Shareholder (or former Shareholder) of the Trust 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 ’s acts or omissions or for some other reason, the Trust (upon proper and timely request by the Shareholder) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expensesthereon, and the Shareholder or former Shareholder (or the his heirs, executors, administrators or other legal representatives thereofrepresentative, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series Fund of which such Shareholder Shareholders or former Shareholder is or was the holder of Shares) to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 1 contract

Samples: Agreement and Declaration (Williamsburg Investment Trust)

Indemnification of Shareholders. If In case any Shareholder (or former Shareholder) of the Trust 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 said Trust (upon proper and timely request by the Shareholder) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expensesthereon, and the Shareholder or former Shareholder (or the his heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series of which such Shareholder or former Shareholder is or was the holder of Shares) said Trust estate to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Rochester Portfolio Series)

Indemnification of Shareholders. If any Shareholder (or former Shareholder) of the Trust 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 ’s acts or omissions or for some other reason, the Trust (upon proper and timely request by the Shareholder) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expensesthereon, and the Shareholder or former Shareholder (or the heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series Fund of which such Shareholder or former Shareholder is or was the holder of Shares) to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 1 contract

Samples: Agreement and Declaration (Alger ETF Trust)

Indemnification of Shareholders. If any Shareholder (or former Shareholder) of the Trust 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) may assume the defense against such charge claim and satisfy any judgment thereon or may reimburse the Shareholders Shareholder or former Shareholder for expenses, and the Shareholder or former Shareholder (or the heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series of or which such Shareholder or former Shareholder is or was the holder of Shares) to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 1 contract

Samples: Agreement and Declaration (Vision Group of Funds)

Indemnification of Shareholders. If In case any Shareholder (or ------------------------------- former Shareholder) of the Trust 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) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expensesthereon, and the Shareholder or former Shareholder (or the his heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series of which such Shareholder or former Shareholder is or was the holder of Shares) Trust estate to be held harmless from and indemnified against all loss and expense arising from such liability.. Section 6.4

Appears in 1 contract

Samples: Kobrick (Kobrick HFS Investment Trust)

Indemnification of Shareholders. If In case any Shareholder ------------------------------- (or former Shareholder) of the any Sub-Trust shall be charged or held to be personally liable for any obligation or liability of the Trust solely by be reason of being or having been a Shareholder and not because of such Shareholder's acts or omissions or for some other reason, the Sub-Trust (upon proper and timely request by the Shareholder) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expensesthereon, and the Shareholder or former Shareholder (or the his heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series of which such Shareholder or former Shareholder is or was the holder of Shares) to be held harmless from and indemnified against all loss and expense arising from such liability, but only out of the assets of such Sub- Trust.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (North American Funds)

Indemnification of Shareholders. If In case any Shareholder (or former Shareholder) of any Sub-Trust or the Trust 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 on behalf of said Sub-trust (upon proper and timely request by the Shareholder) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse thereon, and, to the Shareholders for expensesfullest extent permitted by law, and the Shareholder or former Shareholder (or the his heirs, executors, administrators administrators, or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series of which such Shareholder or former Shareholder is or was the holder of Shares) said Sub-Trust estate to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 1 contract

Samples: Fund Ii Agreement (Uam Funds Trust)

Indemnification of Shareholders. If any Shareholder (or former Shareholder) of the Trust 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 ’s acts or omissions or for some other reason, the Trust (upon proper and timely request by the Shareholder) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expensesthereon, and the Shareholder or former Shareholder (or the heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series Fund of which such Shareholder or former Shareholder is or was the holder of Shares) to be held harmless from and indemnified ·against all loss and expense arising from such liability.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Alger China-Us Growth Fund)

Indemnification of Shareholders. If In case any Shareholder (or ------------------------------- former Shareholder) of the any Sub-Trust shall be charged or held to be personally liable for any obligation or liability of the Trust solely by be reason of being or having been a Shareholder and not because of such Shareholder's acts or omissions or for some other reason, the Sub-Trust (upon proper and timely request by the Shareholder) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expensesthereon, and the Shareholder or former Shareholder (or the his heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series of which such Shareholder or former Shareholder is or was the holder of Shares) to be held harmless from and indemnified against all loss and expense arising from such liability, but only out of the assets of such Sub- Trust.

Appears in 1 contract

Samples: Agreement and Declaration (North American Funds)

Indemnification of Shareholders. If In case any Shareholder (or former Shareholder) Shareholder of the Trust any Series or Class thereof 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) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expensesthereon, and the Shareholder or former Shareholder (or the his heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of belonging to the Series of which such Shareholder or former Shareholder is or was the a holder of Shares) to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 1 contract

Samples: Goldman Sachs Trust

Indemnification of Shareholders. If any Shareholder (or former Shareholder) of the Trust 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) may assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expenses, and the Shareholder or former Shareholder (or the heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series of which such Shareholder or former Shareholder is or was the holder of Shares) to be held harmless from and indemnified against all loss and expense arising from such liability. SECTION 8.4.

Appears in 1 contract

Samples: Van Kampen American Capital World Portfolio Series Trust

Indemnification of Shareholders. If any Shareholder (or former Shareholder) of the Trust 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) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expensesthereon, and the Shareholder or former Shareholder (or the heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series Fund of which such Shareholder or former Shareholder is or was the holder of Shares) to be b held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 1 contract

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

Indemnification of Shareholders. If any Shareholder (or former Shareholder) of the Trust 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) may assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders Shareholder for expenses, and the Shareholder or former Shareholder (or the heirs, executors, administrators or other legal representatives thereof, or or. in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series of which ofwhich such Shareholder or former Shareholder is or was the holder of Shares) to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 1 contract

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

Indemnification of Shareholders. If any ------------------------------- Shareholder (or former Shareholder) of the Trust 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) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expensesthereon, and the Shareholder or former Shareholder (or the heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series Portfolio of which such Shareholder or former Shareholder is or was the holder of Shares) to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 1 contract

Samples: Winthrop Focus Funds

Indemnification of Shareholders. If In case any Shareholder (or former Shareholder) of the Trust 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) may shall assume the defense against such charge and satisfy any judgment thereon or may reimburse the Shareholders for expensesthereon, and the Shareholder or former Shareholder (or the his heirs, executors, administrators or other legal representatives thereof, or in the case of a corporation or other entity, its corporate or other general successor) shall be entitled (but solely out of the assets of the Series of which such Shareholder or former Shareholder is or was the holder of Shares) said Trust estate to be held harmless from and indemnified against all loss and expense arising from such liability.

Appears in 1 contract

Samples: Massachusetts Health & Education Tax Exempt Trust

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