Common use of Indemnification - General Clause in Contracts

Indemnification - General. Each Fund shall indemnify, and advance Expenses to, Indemnitee for such Indemnitee’s service on the Board of Trustees of such Fund, whether such liability or expense is asserted during or after the service (a) as specifically provided in this Agreement and (b) otherwise to the fullest extent permitted by applicable law and the charter or declaration of trust and bylaws (the “Organizational Documents”) of each Fund in effect on the date hereof and as amended from time to time; provided, however, that no change in applicable law or amendment to such Organizational Documents shall have the effect of reducing the benefits available to Indemnitee hereunder based on applicable law and the Organizational Documents as in effect on the date hereof. The rights of Indemnitee provided in this Section shall include, but shall not be limited to, all rights set forth in the other Sections of this Agreement, including all rights of indemnification permitted by the Organizational Documents and applicable state laws governing the Funds.

Appears in 18 contracts

Samples: Form of Indemnification Agreement (Seasons Series Trust), Form of Indemnification Agreement (Sunamerica Series Trust), Indemnification Agreement (Sunamerica Series Trust)

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Indemnification - General. Each Fund shall indemnify, and advance Expenses to, Indemnitee for such IndemniteeIndemnittee’s service on the Board of Trustees Directors of such Fund, whether such liability or expense is asserted during or after the service (a) as specifically provided in this Agreement and (b) otherwise to the fullest extent permitted by applicable law and the charter or declaration of trust and bylaws (the “Organizational Documents”) of each Fund in effect on the date hereof and as amended from time to time; provided, however, that no change in applicable law or amendment to such Organizational Documents shall have the effect of reducing the benefits available to Indemnitee hereunder based on applicable law and the Organizational Documents as in effect on the date hereof. The rights of Indemnitee provided in this Section shall include, but shall not be limited to, all rights set forth in the other Sections of this Agreement, including all rights of indemnification permitted by the Organizational Documents and applicable state laws governing the Funds.

Appears in 7 contracts

Samples: Indemnification Agreement (Anchor Series Trust), Indemnification Agreement (Anchor Series Trust), Indemnification Agreement (Anchor Series Trust)

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Indemnification - General. Each Fund shall indemnify, and advance Expenses to, Indemnitee for such Indemniteelndemnittee’s service on the Board of Trustees Directors of such Fund, whether such liability or expense is asserted during or after the service (a) as specifically provided in this Agreement and (b) otherwise to the fullest extent permitted by applicable law and the charter or declaration of trust and bylaws (the “Organizational Documents”) of each Fund in effect on the date hereof and as amended from time to time; provided, however, that no change in applicable law or amendment to such such. Organizational Documents shall have the effect of reducing the benefits available to Indemnitee hereunder based on applicable law and the Organizational Documents as in effect on the date hereof. hereof The rights of Indemnitee provided in this Section shall include, but shall not be limited to, all rights set forth in the other Sections of this Agreement, including all rights of indemnification permitted by the Organizational Organizational. Documents and applicable state laws governing the Funds.

Appears in 1 contract

Samples: Indemnification Agreement (Sunamerica Income Funds)

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