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 and make available to the Custodian such security in respect of such costs and expenses as the Custodian or agent in its absolute discretion deems necessary or appropriate.
Appears in 8 contracts
Samples: Custodial Services Agreement (Oppenheimer International Diversified Fund), Foreign Custody Manager Agreement (Oppenheimer International Value Trust), Global Custodial Services Agreement (Oppenheimer California Municipal Fund)
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' β fees and disbursements, arising from such proceedings or other action and make available to the Custodian such security in respect of such costs and expenses as the Custodian or agent in its absolute discretion deems necessary or appropriate.
Appears in 1 contract
Samples: Global Custodial Services (Oppenheimer U S Government Trust)
