Common use of Information and Indemnity Clause in Contracts

Information and Indemnity. The Parties agree to provide to the Custodian all information necessary to facilitate the administration of this Agreement, and the Custodian may rely upon any representation so made. The Parties hereby agree jointly and severally, to indemnity and hold harmless the Custodian against any and all claims, losses, damages, liabilities, costs and expenses, including reasonable costs of investigation aid counsel fees and disbursements, which may be imposed upon the Custodian or incurred by the Custodian in connection with acceptance of appointment of Custodian hereunder or the performance of Custodian's duties hereunder, including any litigation arising from this Agreement or involving the subject matter hereof. However, such indemnity shall not include acts or omissions to act of the Custodian which involve gross negligence or willful misconduct.