Common use of Indemnification of Trustee Clause in Contracts

Indemnification of Trustee. The Company shall and hereby agrees to indemnify the Trustee for, and hold the Trustee harmless against, any loss, liability or expense (including the costs and expenses of defending against any claim of liability) incurred without gross negligence or willful misconduct by the Trustee and arising out of or in connection with its acting as Trustee under the Indenture.

Appears in 11 contracts

Sources: Lease Agreement (NuStar Energy L.P.), Loan Agreement (Macquarie Infrastructure Corp), Loan Agreement (Macquarie Infrastructure Corp)

Indemnification of Trustee. The Company shall and hereby agrees to indemnify the Trustee for, and hold the Trustee harmless against, any loss, liability or expense (including the costs and expenses of defending against any claim of liability) incurred without gross negligence or willful misconduct by the Trustee and arising out of or in connection with its acting as Trustee under the Indenture.

Appears in 6 contracts

Sources: Lease Agreement (NuStar Energy L.P.), Lease Agreement (NuStar Energy L.P.), Lease Agreement (NuStar Energy L.P.)

Indemnification of Trustee. The To the fullest extent permitted by law, the Company shall and hereby agrees to indemnify indemnify, to defend, and to hold harmless the Trustee for, against any liability whatsoever for any action taken or omitted by such Trustee in good faith in connection with this Plan or duties hereunder and hold for any expenses or losses for which the Trustee harmless against, may become liable as a result of any loss, liability such actions or expense (including the costs and expenses of defending against any claim of liability) incurred without non-actions unless resultant from gross negligence or willful misconduct by the Trustee and arising out of or in connection with its acting as Trustee under the Indenturemisconduct.

Appears in 2 contracts

Sources: Nonqualified Deferred Compensation Plan (Trimble Navigation LTD /Ca/), Nonqualified Deferred Compensation Plan (Altera Corp)

Indemnification of Trustee. The Company shall and hereby agrees to indemnify the Trustee for, and to hold the Trustee harmless againstfrom and against any and all claims, any lossdemands, liability or expense (including the causes of action, losses, damages, liabilities, costs and expenses of defending (including, without limitation, attorneys’ fees and court costs) at any time asserted against any claim of liability) or incurred without gross negligence or willful misconduct by the Trustee and by reason of, arising out of or in connection with the execution of this Supplemental Indenture, except for the Trustee’s own negligent action, its acting as Trustee under the Indentureown negligent failure to act, or its own willful misconduct.

Appears in 1 contract

Sources: Supplemental Indenture (Iron Mountain Inc)

Indemnification of Trustee. The To the fullest extent permitted by law, the Company shall and hereby agrees to indemnify indemnify, to defend, and to hold harmless the Trustee for, against any liability whatsoever for any action taken or omitted by such Trustee in good faith in connection with this Agreement or duties hereunder and hold for any expenses or losses for which the Trustee harmless against, may become liable as a result of any loss, liability such actions or expense (including the costs and expenses of defending against any claim of liability) incurred without non-actions unless resultant from gross negligence or willful misconduct by the Trustee and arising out of or in connection with its acting as Trustee under the Indenturemisconduct.

Appears in 1 contract

Sources: Supplementary Retirement Plan (Coherent Inc)

Indemnification of Trustee. The Company shall indemnify and hereby agrees to indemnify hold harmless each Trustee from and against any and all claims, losses, damages, expenses (including reasonable attorneys' fees approved by the Trustee forCompany), and hold the Trustee harmless against, any loss, liability or expense (including any reasonable amounts paid in settlement with the costs and expenses Company's approval), arising from any act or omission of defending against any claim of liability) incurred without gross negligence or such Trustee, except when the same is judicially determined to be due to the willful misconduct by the Trustee and arising out of or in connection with its acting as Trustee under the Indenturesuch Trustee.

Appears in 1 contract

Sources: Profit Sharing Retirement Plan and Trust Agreement (Freedom Securities Corp /De/)

Indemnification of Trustee. The Company shall and hereby agrees to indemnify the Trustee for, and to hold the Trustee harmless againstfrom and against any and all claims, any lossdemands, liability or expense (including the causes of action, losses, damages, liabilities, costs and expenses of defending (including, without limitation, attorneys' fees and court costs) at any time asserted against any claim of liability) or incurred without gross negligence or willful misconduct by the Trustee and by reason of, arising out of or in connection with the execution of this Supplemental Indenture, except for the Trustee's own negligent action, its acting as Trustee under the Indentureown negligent failure to act, or its own willful misconduct.

Appears in 1 contract

Sources: Supplemental Indenture (Iron Mountain Inc/Pa)

Indemnification of Trustee. The Company shall and hereby agrees to indemnify the Trustee for, and hold the Trustee harmless against, any loss, liability or expense (including the costs and expenses of defending against any claim of liability) incurred without gross negligence or willful misconduct by the Trustee and not in violation of any of the terms of the Indenture and arising out of or in connection with its acting as Trustee under the Indenture.. * END OF ARTICLE VII *

Appears in 1 contract

Sources: Loan Agreement (Tower Tech Inc)