Common use of Subadviser-Delegatee Indemnification Clause in Contracts

Subadviser-Delegatee Indemnification. The Subadviser-Delegatee agrees to hold harmless and indemnify Subadviser from and against any loss or damages arising out of the Subadviser-Delegatee’s breach of this Agreement or arising out of the willful misfeasance, bad faith or gross negligence on the Subadviser-Delegatee’s part in the performance of its duties, or from reckless disregard of its obligations and duties, under this Agreement.

Appears in 4 contracts

Samples: Delegation Agreement (Columbia Funds Series Trust I), Delegation Agreement (Columbia Funds Series Trust I), Delegation Agreement (Columbia Funds Variable Insurance Trust)

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