Common use of LITIGATION; INDEMNITY Clause in Contracts

LITIGATION; INDEMNITY. (A) The Custodian or any of its agents, as the case may be, may (but without being under any duty or obligation to) institute or defend legal proceedings, or take any other action arising out of or in connection with the Property and the Client shall indemnify the Custodian or agent against any costs and expenses, including without limitation any reasonable attorneys' fees and disbursements, arising from such proceedings or other action.

Appears in 10 contracts

Samples: Global Custodial Services Agreement (Vanguard Morgan Growth Fund), Global Custodial Services Agreement (Vanguard Institutional Index Fund), Global Custodial Services Agreement (Vanguard Variable Insurance Fund)

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