Common use of Notice of Proceedings Clause in Contracts

Notice of Proceedings. The Board Member shall promptly notify the Secretary of the Fund in writing upon being served with any summons, citation, subpoena, complaint, indictment, information or other document relating to any Proceeding which may be subject to indemnification or advancement of expense pursuant to this Agreement, but no delay in providing such notice shall in any way limit or affect the Board Member’s rights or the Fund’s obligations under this Agreement.

Appears in 58 contracts

Samples: Administration Agreement (Capital Group New Geography Equity ETF), Administration Agreement (Capital Group Conservative Equity ETF), Administration Agreement (Capital Group International Core Equity ETF)

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Notice of Proceedings. The Board Member shall promptly notify the Secretary of the Fund in writing upon being served with any summons, citation, subpoena, complaint, indictment, information or other document relating to any Proceeding which may be subject to indemnification or advancement of expense pursuant to this Agreement, but no delay in providing such notice shall in any way limit or affect the Board Member’s 's rights or the Fund’s 's obligations under this Agreement.

Appears in 6 contracts

Samples: Indemnification Agreement (Fundamental Investors Inc), Indemnification Agreement (Cash Management Trust of America), Indemnification Agreement (American High Income Trust)

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Notice of Proceedings. The Board Member shall promptly notify the Secretary of the Fund Trust in writing upon being served with any summons, citation, subpoena, complaint, indictment, information or other document relating to any Proceeding which may be subject to indemnification or advancement of expense pursuant to this Agreement, but no delay in providing such notice shall in any way limit or affect the Board Member’s 's rights or the Fund’s Trust's obligations under this Agreement.

Appears in 1 contract

Samples: Indemnification Agreement (American Funds Tax Exempt Series I)

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