Indemnity to be Provided. If the Master Fund requests Custodian to take any action with respect to securities or other assets of the Master Fund, which may, in the opinion of Custodian, result in Custodian or its nominee becoming liable for the payment of money or incurring liability of some other form, Custodian shall not be required to take such action until the Master Fund shall have provided indemnity therefor to Custodian in an amount and form satisfactory to Custodian.
Appears in 2 contracts
Sources: Custody Agreement (Endowment Master Fund L P), Custody Agreement (Endowment Master Fund L P)