Common use of Indemnification by the Manager Clause in Contracts

Indemnification by the Manager. The Trust shall not be responsible for, and the Manager shall indemnify and hold the Trust or any Fund harmless from and against, any and all losses, damages, costs, charges, counsel fees, payments, expenses and liability arising out of or attributable to the willful misfeasance, bad faith, negligent acts or reckless disregard of obligations or duties on the part of the Manager or any of its officers, directors, employees or agents.

Appears in 57 contracts

Sources: Investment Management Agreement (Allspring Funds Trust), Investment Management Agreement (Allspring Funds Trust), Investment Management Agreement (Allspring Exchange-Traded Funds Trust)