Common use of Insurance Clause in Contracts

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Article.

Appears in 283 contracts

Samples: Agreement and Declaration (Hays Series Trust), Agreement and Declaration of Trust (Horizon Funds), Agreement and Declaration (Vanguard Trustees' Equity Fund)

AutoNDA by SimpleDocs

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee Trustee, officer, employee or officer agent of the Trust in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Article.

Appears in 182 contracts

Samples: Rochester Portfolio Series (Rochester Portfolio Series), Agreement and Declaration (Stone Ridge Trust), Agreement (Oppenheimer Rochester Minnesota Municipal Fund)

Insurance. The To the fullest extent permitted by applicable law, the officers and Trustees shall be entitled and empowered to have the fullest extent permitted by law authority to purchase with Trust assets Property, insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit or proceeding in which he or she such Person becomes involved by virtue of his or her such Person’s capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her such Person against such liability under the provisions of this Article.

Appears in 124 contracts

Samples: Agreement and Declaration of Trust (Tactical Investment Series Trust), Agreement and Declaration of Trust (Resource Real Estate Diversified Income Fund), Agreement and Declaration of Trust (Nexpoint Latin American Opportunities Fund)

Insurance. The To the fullest extent permitted by applicable law, the officers and Trustees shall be entitled and empowered to have the fullest extent permitted by law authority to purchase with Trust assets Property, insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit or proceeding in which he or she such Person becomes involved by virtue of his or her such Person's capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her such Person against such liability under the provisions of this Article.

Appears in 76 contracts

Samples: Agreement and Declaration of Trust (Simplify Exchange Traded Funds), Agreement and Declaration (Wakefield Alternative Series Trust), Agreement and Declaration (Denali Structured Return Strategy Fund)

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee Trustee, officer, employee, or officer agent of the Trust in connection with any claim, action, suit suit, or proceeding in which he or she becomes may become involved by virtue of his or her capacity or former capacity with as a Trustee of the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Article.

Appears in 59 contracts

Samples: Agreement and Declaration (Metropolitan Series Fund Inc), Agreement and Declaration (Met Investors Series Trust), Agreement and Declaration (Evergreen Global Dividend Opportunity Fund)

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee Trustee, officer, employee or officer agent of the Trust in connection with any claim, action, suit suit, examination, investigation or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Article.

Appears in 52 contracts

Samples: Agreement and Declaration (LifeX Income Trust 1948F), Agreement and Declaration (Stone Ridge Trust VIII), Agreement and Declaration (Stone Ridge Trust VIII)

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Article.

Appears in 38 contracts

Samples: Agreement and Declaration (Forward Funds), Agreement and Declaration (Forward Funds), Agreement and Declaration (Forward Funds)

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee Trustee, officer, employee or officer agent of the Trust in connection with any claim, action, suit or proceeding in which she or he or she becomes involved by virtue of her or his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Article.

Appears in 31 contracts

Samples: Agreement and Declaration (Virtus Asset Trust), And Restated Agreement (Virtus Alternative Solutions Trust), Agreement and Declaration of Trust (Phoenix Equity Series Fund)

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability xxxxxxxxx under the provisions of this Article.

Appears in 29 contracts

Samples: Agreement and Declaration (Vanguard Trustees' Equity Fund), Agreement and Declaration (Vanguard Malvern Funds), Agreement and Declaration (Vanguard Bond Index Funds)

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Article.

Appears in 27 contracts

Samples: Declaration of Trust (Arden Investment Series Trust), Declaration of Trust (Fiera Capital Series Trust), Declaration of Trust (Arden Investment Series Trust)

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this ArticleArticle VII.

Appears in 17 contracts

Samples: And Restated Agreement and Declaration of Trust (Exchange Traded Concepts Trust), Agreement and Declaration of Trust (Russell Exchange Traded Funds Trust), Agreement and Declaration of Trust (U.S. One Trust)

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, with such coverage as determined to be necessary by the Trustees, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this ArticleArticle VII.

Appears in 17 contracts

Samples: Agreement and Declaration of Trust (Bluestone Community Development Fund), Agreement and Declaration (Delaware Wilshire Private Markets Fund), Agreement and Declaration of Trust (504 Fund)

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer Person entitled to indemnification from the Trust in connection with any claim, action, suit or proceeding Proceeding in which he or she becomes may become involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify entitling him or her against such liability under the provisions of this Articleto indemnification hereunder.

Appears in 16 contracts

Samples: Agreement and Declaration of Trust (Thornburg Income Builder Opportunities Trust), And Restated Agreement and Declaration (Transparent Value Trust), Agreement and Declaration of Trust (Thornburg Strategic Income Opportunities Trust)

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust assets Property insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Article.

Appears in 16 contracts

Samples: Agreement and Declaration of Trust (SEI Catholic Values Trust), Agreement and Declaration of Trust (Reality Shares ETF Trust), Agreement and Declaration of Trust (SEI Insurance Products Trust)

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer Person entitled to indemnification from the Trust in connection with any claim, action, suit or proceeding in which he or she becomes may become involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify entitling him or her against such liability under the provisions of this Articleto indemnification hereunder.

Appears in 13 contracts

Samples: Agreement and Declaration of Trust (MainStay CBRE Global Infrastructure Megatrends Term Fund), Agreement and Declaration of Trust (MainStay CBRE Global Infrastructure Megatrends Fund), And Restated Agreement and Declaration of Trust (MainStay MacKay DefinedTerm Municipal Opportunities Fund)

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer any Covered Person in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Article.

Appears in 13 contracts

Samples: Agreement and Declaration (Rivus Bond Fund), Agreement and Declaration (Manager Directed Portfolios), Agreement and Declaration (Equinox Funds Trust)

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit suit, or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Article.

Appears in 10 contracts

Samples: Agreement and Declaration of Trust (Ubs Funds), Agreement and Declaration of Trust (Ubs Funds), Agreement and Declaration of Trust (Ubs Funds)

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by the Trust or by a Trustee Trustee, officer, employee or officer agent of the Trust in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Article.

Appears in 8 contracts

Samples: Agreement and Declaration (Primark Private Equity Fund), Agreement and Declaration (Fairway Private Equity & Venture Capital Opportunities Fund), Agreement and Declaration (Meketa Infrastructure Fund)

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability lxxxxxxxx under the provisions of this Article.

Appears in 4 contracts

Samples: Agreement and Declaration of Trust (Congressional Effect Family of Funds), Agreement and Declaration (Vanguard Wellington Fund), Agreement and Declaration of Trust (Congressional Effect Family of Funds)

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability lxxxxxxxx under the provisions of this ArticleArticle VII.

Appears in 3 contracts

Samples: Agreement and Declaration (Themes ETF Trust), Agreement and Declaration of Trust (Themes ETF Trust), Agreement and Declaration (Texas Capital Funds Trust)

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust Fund assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the TrustFund, whether or not the Trust Fund would have the power to indemnify him or her against such liability under the provisions of this Article.

Appears in 3 contracts

Samples: Agreement and Declaration (Voya Enhanced Securitized Income Fund), Pomona Investment Fund, Agreement and Declaration (Ing Pilgrim Senior Income Fund)

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee Trustee, officer, employee or officer agent of the Trust in connection with any claim, action, suit suit, or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Article.

Appears in 3 contracts

Samples: Agreement (Symmetry Panoramic Trust), 1290 Funds, 1290 Funds

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee Trustee, officer, employee, or officer agent of the Trust in connection with any claim, action, suit suit, or proceeding in which he or she becomes may become involved by virtue of his or her capacity or former capacity with as a Trustee of the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Article.. ARTICLE VIII

Appears in 2 contracts

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

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Article.

Appears in 2 contracts

Samples: Agreement (Franklin Floating Rate Trust), Franklin Floating Rate Trust

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by applicable law to purchase with Trust assets Property, insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit or proceeding in which he or she such Person becomes involved by virtue of his or her such Person's capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her such Person against such liability under the provisions of this Article.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Lincoln National Aggressive Growth Fund Inc), Agreement and Declaration (Lincoln Advisors Trust)

Insurance. The Trustees shall be entitled and empowered to the --------- fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee Trustee, officer, employee or officer agent of the Trust in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Article.

Appears in 2 contracts

Samples: Agreement and Declaration (Managed Account Series), Merrill Lynch Inflation Protected Bond Fund

Insurance. The Trustees shall be entitled and empowered to the ---------------------- fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Article.

Appears in 2 contracts

Samples: Agreement and Declaration (Vanguard Asset Allocation Fund Inc), Vanguard Fixed Income Securities Fund Inc

Insurance. The Trustees shall be entitled and empowered may to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer Covered Person in connection with any claim, action, suit or proceeding in which he or she becomes involved as a party or otherwise by virtue of his or her capacity being or former capacity with having been a Person who falls within the Trustdefinition of Covered Person, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Article.

Appears in 2 contracts

Samples: Agreement and Declaration (Cullen Funds Trust), Agreement and Declaration (Cullen Funds Trust)

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust Fund assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this ArticleFund.

Appears in 2 contracts

Samples: Wilmington Low Volatility Fund of Funds, Wilmington Low Volatility Fund of Funds

AutoNDA by SimpleDocs

Insurance. The Trustees shall be entitled and empowered ernpowered to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Article.

Appears in 1 contract

Samples: Vanguard Whitehall (Vanguard Whitehall Funds)

Insurance. The Trustees shall be entitled and empowered ---------- --------- to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Article.

Appears in 1 contract

Samples: First Mutual Funds

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, ,. suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Article.

Appears in 1 contract

Samples: Montgomery Funds Iii

Insurance. The Trustees shall be entitled and empowered --------- --------- to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Article.

Appears in 1 contract

Samples: Agreement and Declaration (Hirtle Callaghan Trust)

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Article.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Brandes Investment Trust)

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted or allowed by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee Trustee, officer, employee, or officer agent of the Trust in connection with any claim, action, suit suit, or proceeding in which he or she becomes may become involved by virtue of his or her capacity or former capacity with as a Trustee of the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Article.

Appears in 1 contract

Samples: FSP Investment Trust

Insurance. The Trustees shall be entitled and empowered to the ---------- --------- fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Article.

Appears in 1 contract

Samples: Brazos Mutual Funds

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him hxxx or her against such liability under the provisions of this Article.

Appears in 1 contract

Samples: Agreement and Declaration (Vanguard Charlotte Funds)

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust Fund assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Articleliability.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (VanEck Coastland Online Finance Term Fund)

Insurance. The Trustees shall be entitled and empowered --------- to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Article.

Appears in 1 contract

Samples: Agreement and Declaration (Smithgraham Institutional Funds)

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability xxxxxxxxx under the provisions of this ArticleArticle VII.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Texas Capital Funds Trust)

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust Fund assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer Person entitled to indemnification from the Fund in connection with any claim, action, suit or proceeding in which he or she becomes may become involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify entitling him or her against such liability under the provisions of this Articleto indemnification hereunder.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (VanEck Coastland Online Finance Fund)

Insurance. The Trustees shall be entitled and empowered to --------- --------- the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Article.

Appears in 1 contract

Samples: Agreement and Declaration (Brandes International Fund)

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to authorize the purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer Person entitled to indemnification from the Trust in connection with any claim, action, suit or proceeding Proceeding in which he or she becomes may become involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify entitling him or her against such liability under the provisions of this Articleto indemnification hereunder.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Transparent Value Trust)

Insurance. The officers and Trustees shall be entitled and empowered have the authority to the fullest extent permitted by law to purchase with Trust assets Property insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Article.

Appears in 1 contract

Samples: Agreement and Declaration (Delaware Group Foundation Funds)

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Article.. San Francisco\16900

Appears in 1 contract

Samples: Agreement and Declaration (U S Global Leaders Variable Insurance Trust)

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust assets insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee Trustee, officer, employee, or officer agent of the Trust in connection with any claim, action, suit suit, or proceeding in which he or she becomes become involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this Article.

Appears in 1 contract

Samples: Agreement and Declaration (Jp Morgan Series Trust Ii)

Insurance. The Trustees shall be entitled and empowered to the fullest extent permitted by law to purchase with Trust assets Property insurance for liability and for all expenses reasonably incurred or paid or expected to be paid by a Trustee or officer in connection with any claim, action, suit or proceeding in which he or she becomes involved by virtue of his or her capacity or former capacity with the Trust, whether or not the Trust would have the power to indemnify him or her against such liability under the provisions of this ArticleFund.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Sife Trust Fund)

Time is Money Join Law Insider Premium to draft better contracts faster.