Common use of Indemnification by the Custodian Clause in Contracts

Indemnification by the Custodian. Subject to the limitations set forth in this Agreement and in addition to the obligations provided in Sections 6 and 7, the Custodian agrees to indemnify and hold harmless each Fund from all losses, damages and expenses suffered or incurred by each such Fund caused by the negligence or willful misfeasance of the Custodian.

Appears in 9 contracts

Samples: Custody Agreement (Aim Investment Funds (Invesco Investment Funds)), Custody Agreement (Driehaus Mutual Funds), Custody Agreement (Driehaus Mutual Funds)

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Indemnification by the Custodian. Subject to the limitations set forth in this Agreement and in addition to the obligations provided in Sections 6 and 7, the Custodian agrees to indemnify and hold harmless each the Fund from all losses, damages and expenses suffered or incurred by each such the Fund caused by the negligence negligence, bad faith or willful misfeasance of the Custodian, or the Custodian’s reckless disregard of its duties under this Agreement.

Appears in 2 contracts

Samples: Custody Agreement (Partners Group Private Equity (Institutional TEI), LLC), Custody Agreement (Partners Group Private Equity (TEI), LLC)

Indemnification by the Custodian. Subject to the limitations set forth in this Agreement and in addition to the obligations provided in Sections 6 and 7, the Custodian agrees to indemnify and hold harmless each Fund from all losses, damages and expenses suffered or incurred by each such Fund caused by the negligence negligence, bad faith or willful misfeasance of the Custodian, or the Custodian’s reckless disregard of its duties under this Agreement.

Appears in 1 contract

Samples: Custody Agreement (Partners Group Private Equity (Master Fund), LLC)

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Indemnification by the Custodian. Subject to the limitations set forth in this Agreement and in addition to the obligations provided in Sections 6 and 7, the Custodian agrees to indemnify and hold harmless each the Fund from all losses, damages and expenses suffered or incurred by each such the Fund caused by the negligence or willful misfeasance of the Custodian.

Appears in 1 contract

Samples: Custody Agreement (Oppenheimer SteelPath Master MLP Fund, LLC)

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