Common use of INDEMNIFICATION BY SECURITY DISTRIBUTORS Clause in Contracts

INDEMNIFICATION BY SECURITY DISTRIBUTORS. (a) With respect to those matters listed in subparagraph (i) through (iv) below, Security Distributors will indemnify and hold harmless the Portfolio, DeAM, Inc. and their ▇▇▇▇ective trustees, directors, officers and employees and each other person who controls the Portfolio or DeAM, Inc., as the cas▇ ▇▇y be, within the meaning of Section 15 of the 1933 Act (each a "Covered Person" and collectively, "Covered Persons"), against any and all losses, claims, demands, damages, liabilities and expenses, joint or several, (each, a "Liability" and collectively, the "Liabilities"). Unless Security Distributors elects to assume the defense pursuant to paragraph (c), Security Distributors will bear the reasonable cost of investigating and defending against any claims therefor and any reasonable counsel fees incurred in connection therewith. This

INDEMNIFICATION BY SECURITY DISTRIBUTORS. (a) With respect to those matters listed in subparagraph (i) through (iv) below, Security Distributors will indemnify and hold harmless the Portfolio, DeAM, Inc. Bankers and their ▇▇▇▇ective respective trustees, directors, officers and employees and each other person who controls the Portfolio or DeAM, Inc.Bankers, as the cas▇ ▇▇y case may be, within the meaning of Section 15 of the 1933 Act (each a "Covered Person" and collectively, "Covered Persons"), against any and all losses, claims, demands, damages, liabilities and expenses, joint or several, (each, a "Liability" and collectively, the "Liabilities"). Unless Security Distributors elects to assume the defense pursuant to paragraph (c), Security Distributors will bear the reasonable cost of investigating and defending against any claims therefor and any reasonable counsel fees incurred in connection therewith. This