Common use of Indemnities and Limitation of Liability Clause in Contracts

Indemnities and Limitation of Liability. 18.1. In addition to the indemnification provisions contained in this Agreement, Principal agrees to indemnify, defend, and hold harmless Custodian and its affiliates providing services under this Agreement, including their respective officers, directors, agents, and employees from all taxes, charges, expenses, assessments, claims and liabilities including, without limitation, reasonable attorneys' fees, and disbursements and liabilities ("Claims") arising directly or indirectly from any action or omission to act which Custodian takes in connection with the provision of services to Principal, Manager, Authorized Agents Valuation Agent, and other Authorized Agents. Neither Custodian, nor any of its affiliates, shall be indemnified against any liability (or any expenses incident to such liability) caused by Custodian’s or its affiliates' own willful misconduct, gross negligence or reckless disregard in the performance of Custodian's or its affiliates' activities under this Agreement. The provisions of this Paragraph 18 shall survive termination of this Agreement.

Indemnities and Limitation of Liability. 18.119.1. In addition to the indemnification provisions contained in this Agreement, Principal agrees to indemnify, defend, and hold harmless Custodian and its affiliates providing services under this Agreement, including their respective officers, directors, agents, and employees from all taxes, charges, expenses, assessments, claims and liabilities including, without limitation, reasonable attorneys' fees, and disbursements and liabilities ("Claims") arising directly or indirectly from any action or omission to act which Custodian takes in connection with the provision of services to Principal, Manager, Authorized Agents Valuation Agent, and other Authorized Agents. Neither Custodian, nor any of its affiliatesaf f iliates, shall be indemnified against any liability (or any expenses incident to such liability) caused by Custodian’s or its affiliatesaf f iliates' own willful misconduct, gross negligence or reckless disregard in the performance perf ormance of Custodian's or its affiliates' activities under this Agreement. The provisions of this Paragraph 18 19 shall survive termination of this Agreement.

Indemnities and Limitation of Liability. 18.116.1. In addition to the indemnification provisions contained in this Agreement, Principal agrees to indemnify, defend, defend and hold harmless Custodian and its affiliates providing services under this Agreement, including their respective officers, directors, agents, agents and employees from all taxes, charges, expenses, assessments, claims and liabilities including, without limitation, reasonable attorneys' fees, fees and disbursements and liabilities ("Claims") arising directly or indirectly from any action or omission to act which Custodian takes in connection with the provision of services to Principal, Manager, Authorized Agents Valuation Agent, and other Authorized Agents. Neither Custodian, nor any of its affiliates, shall be indemnified against any liability (or any expenses incident to such liability) caused by Custodian’s 's or its affiliates' own breach of their duty of law, willful misconductmisfeasance, gross bad faith, negligence or reckless disregard in the performance of Custodian's or its affiliates' activities under this Agreement. The provisions of this Paragraph 18 16 shall survive termination of this Agreement.