LIMITATION OF LIABILITY OF CUSTODIAN. A. Custodian shall hold harmless and indemnify Fund from and against any loss or liability arising out of Custodian's failure to comply with the terms of this Agreement or arising out of Custodian's negligence, willful misconduct, or bad faith. Custodian may request and obtain the advice and opinion of counsel for Fund or of its own counsel with respect to questions or matters of law, and it shall be without liability to Fund for any action taken or omitted by it in good faith, in conformity with such advice or opinion.
Appears in 25 contracts
Samples: Custody Agreement (Kemper Quantitative Equity Fund), Custody Agreement (Kemper U S Government Securities Fund), Custody Agreement (Kemper National Tax Free Income Series)
LIMITATION OF LIABILITY OF CUSTODIAN. A. Custodian shall hold harmless and indemnify Fund from and against any loss or liability arising out of Custodian's failure to comply with the terms of this Agreement or arising out of Custodian's negligence, willful misconduct, or bad faith. Custodian may request and obtain the advice and opinion of counsel for Fund Fund, or of its own counsel with respect to questions or matters of law, and it shall be without liability to Fund for any action taken or omitted by it in good faith, in conformity with such advice or opinion.
Appears in 1 contract
Samples: Custody Agreement (Idex Series Fund)
