Common use of Indemnification Limitation of Liability Clause in Contracts

Indemnification Limitation of Liability. (a) The Fund, as sole owner of the Property, agrees to indemnify and hold Chase and Chase's directors, officers, agents and employees (collectively the "Indemnitees") harmless from and against any and all claims, liabilities, losses, damages, fines, penalties, and expenses, including out-of-pocket and incidental expenses and legal fees ("Losses") that may be imposed on, incurred by, or asserted against, the Indemnitees or any of them for following any instructions or other directions upon which Chase is authorized to rely pursuant to the terms of this Agreement.

Appears in 20 contracts

Samples: Exchange Traded Fund Custody Agreement (Nuveen Maryland Dividend Advantage Municipal Fund), Exchange Traded Fund Custody Agreement (Nuveen Insured New York Dividend Advantage Municipal Fund), Exchange Traded Fund Custody Agreement (Nuveen Ohio Dividend Advantage Municipal Fund 3)

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Indemnification Limitation of Liability. (a) The Fund, as sole owner of the Property, agrees to indemnify and hold Chase and Chase's directors, officers, agents and employees (collectively the "Indemnitees") harmless from and against any and all claims, liabilities, losses, damages, fines, penalties, and expenses, including out-of-of- pocket and incidental expenses and legal fees ("Losses") that may be imposed on, incurred by, or asserted against, the Indemnitees or any of them for following any instructions or other directions upon which Chase is authorized to rely pursuant to the terms of this Agreement.

Appears in 11 contracts

Samples: Exchange Traded Fund Custody Agreement (Nuveen Dividend Advantage Municipal Fund 2), Exchange Traded Fund Custody Agreement (Nuveen Pennsylvania Dividend Advantage Municipal Fund), Exchange Traded Fund Custody Agreement (Nuvven California Dividend Advantage Fund 2)

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