Common use of Indemnity to be Provided Clause in Contracts

Indemnity to be Provided. If the Corporation requests the Custodian to take any action with respect to Securities, which may, in the opinion of the custodian, result in the Custodian or its nominee becoming liable for the payment of money or incurring liability of some other form, the Custodian shall not be required to take such action until the Corporation shall have provided indemnity therefor to the Custodian in an amount and form satisfactory to the Custodian.

Appears in 2 contracts

Samples: Custody Agreement (Henssler Funds Inc), Custody Agreement (Henssler Funds Inc)

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Indemnity to be Provided. If the Corporation requests the Custodian to take any action with respect to Securities, which may, in the opinion of the custodianCustodian, result in the Custodian or its nominee becoming liable for the payment of money or incurring liability of some other form, the Custodian shall not be required to take such action until the Corporation shall have provided indemnity therefor to the Custodian in an amount and form satisfactory to the Custodian.. 17 EXHIBIT (g)

Appears in 1 contract

Samples: Custody Agreement (Aha Investment Funds Inc)

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Indemnity to be Provided. If the Corporation Company or Advisor requests the Custodian to take any action with respect to Securities, which may, in the opinion of the custodianCustodian, result in the Custodian or its nominee becoming liable for the payment of money or incurring liability of some other form, the Custodian shall not be required to take such action until the Corporation Company or Advisor shall have provided indemnity therefor to the Custodian in an amount and form satisfactory to the Custodian.

Appears in 1 contract

Samples: Custody Agreement (Baird Funds Inc)

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