Common use of Indemnity of General Partner Clause in Contracts

Indemnity of General Partner. (1) The General Partner and each of its directors, officers, employees and agents (each an "Indemnitee") will be indemnified by the Partnership for all liabilities, costs and expenses incurred by them in connection with any action, suit or proceeding that is proposed or commenced or any other claim that is made against the General Partner or any of its directors, officers, employees and agents in the exercise of the performance by the General Partner of its duties as the general partner of the Partnership, except those liabilities, costs and expenses resulting from wilful misconduct, bad faith, negligence or breach of its obligations under the Partnership Agreement on the part of the General Partner.

Indemnity of General Partner. (1) The General Partner and each of its directors, officers, employees and agents (each an "“Indemnitee"”) will be indemnified by the Partnership for all liabilities, costs and expenses incurred by them in connection with any action, suit or proceeding that is proposed or commenced or any other claim that is made against the General Partner or any of its directors, officers, employees and agents in the exercise of the performance by the General Partner of its duties as the general partner of the Partnership, except those liabilities, costs and expenses resulting from wilful misconduct, bad faith, negligence faith or breach of its obligations under the Partnership this Agreement on the part of the General Partner, its directors, officers, employees, and or agents.

Indemnity of General Partner. (1) The General Partner and each of its directors, officers, employees and agents (each an "“Indemnitee"”) will be indemnified by the Partnership for all liabilities, costs and expenses incurred by them in connection with any action, suit or proceeding that is proposed or commenced or any other claim that is made against the General Partner or any of its directors, officers, employees and agents in the exercise of the performance by the General Partner of its duties as the general partner of the Partnership, except those liabilities, costs and expenses resulting from wilful misconduct, fraud, bad faith, negligence faith or breach of its obligations under the Partnership this Agreement on the part of the General Partner, its directors, officers, employees, and or agents.