Limitation of Liability and Indemnification of Agent Clause Samples
The "Limitation of Liability and Indemnification of Agent" clause restricts the amount and types of legal responsibility that an agent may face in connection with their actions under an agreement. Typically, this clause sets a cap on the agent’s liability for damages, and may exclude certain types of losses, such as indirect or consequential damages. Additionally, it often requires the principal to indemnify, or reimburse, the agent for losses or legal costs arising from actions taken in good faith within the scope of their authority. The core function of this clause is to protect agents from excessive financial exposure and legal risks, thereby encouraging them to act on behalf of the principal without undue fear of personal liability.
Limitation of Liability and Indemnification of Agent. 27 Section 1. Limitation of Liability 27 Section 2. Indemnification 28 Section 3.
Limitation of Liability and Indemnification of Agent. 25 Section 1.
Limitation of Liability and Indemnification of Agent. Section 1. ....
Limitation of Liability and Indemnification of Agent. 26 Section 1. Limitation of Liability 26 Section 2. Indemnification 27 Section 3. Insurance 29 Section 4. Derivative Actions 29 Section 5. Jurisdiction and Waiver of Jury Trial 30 Article VIII CERTAIN TRANSACTIONS 30 Section 1. Dissolution of Trust or Series 30 Section 2. Merger or Consolidation; Conversion; Reorganization 31 Section 3. Master Feeder Structure 33 Section 4. Absence of Appraisal or Dissenters' Rights 33 Article IX AMENDMENTS 34 Section 1. Amendments Generally 34 Article X MISCELLANEOUS 34 Section 1. References; Headings; Counterparts 34 Section 2. Applicable Law 34 Section 3. Provisions in Conflict with Law or Regulations 35 Section 4. Statutory Trust Only 35 Section 5. Use of the Names "Franklin," "▇▇▇▇▇▇▇▇▇," "Fiduciary Trust," and/or "Institutional Fiduciary Trust" 35
Limitation of Liability and Indemnification of Agent. 26 Section 1. Limitation of Liability 26 Section 2. Indemnification 27 Section 3. Insurance 28 Section 4. Derivative Actions 28 ARTICLE VIII. CERTAIN TRANSACTIONS 29 Section 1. Dissolution of Trust or Series 29 Section 2. Merger or Consolidation; Conversion; Reorganization 30 Section 3. Master Feeder Structure 32 Section 4. Absence of Appraisal or Dissenters’ Rights 32 ARTICLE IX. AMENDMENTS 32
Limitation of Liability and Indemnification of Agent. 25 Section 1. Limitation of Liability 25 Section 2. Indemnification 26 Section 3. Insurance 28 Section 4. Derivative Actions 28
Limitation of Liability and Indemnification of Agent. 25 Section 1. Limitation of Liability . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 Section 2. Indemnification . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 Section 3. Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28
Limitation of Liability and Indemnification of Agent. 26 Section 1. Limitation of Liability.................................................................... 26 Section 2. Indemnification............................................................................... 27 Section 3. Insurance.......................................................................................... 28
Limitation of Liability and Indemnification of Agent. 25 Section 1. Limitation of Liability. 25 Section 2. Indemnification. 27 Section 3. Insurance 28 Section 4. Derivative Actions 28 ARTICLE VIII CERTAIN TRANSACTIONS 28 Section 1. Dissolution of Trust or Series 28 Section 2. Merger or Consolidation; Conversion; Reorganization. 29 Section 3. Master Feeder Structure 31 Section 4. Absence of Appraisal or Dissenters' Rights 31 ARTICLE IX AMENDMENTS 32 Section 1. Amendments Generally 32 ARTICLE X MISCELLANEOUS 32 Section 1. References; Headings; Counterparts 32 Section 2. Applicable Law 32 Section 3. Provisions in Conflict with Law or Regulations. 32 Section 4. Statutory Trust Only 33 FOURTH AMENDED AND RESTATED AGREEMENT AND DECLARATION OF TRUST OF ▇▇▇▇▇▇▇▇▇▇▇ ETF Trust AGREEMENT AND DECLARATION OF TRUST made as of this 27th day of October, 2017, by the Trustees hereunder, and by the holders of Shares issued or to be issued by ▇▇▇▇▇▇▇▇▇▇▇ ETF Trust (the "Trust") hereunder, and (i) incorporates herein and makes a part of this Fourth Amended and Restated Agreement and Declaration of Trust the resolutions of the Board of Trustees of the Trust adopted prior to the date set forth above, pursuant to the provisions of the original Agreement and Declaration of Trust dated December 11, 2006, as amended or restated on June 21, 2007, October 12, 2007 and December 23, 2016, (the "Original Declaration of Trust"), regarding the establishment and designation of Series and/or Classes of the Shares of the Trust, and any amendments or modifications to such resolutions adopted through the date hereof, as of the date of the adoption of each such resolution, and (ii) amends and restates the Original Declaration of Trust pursuant to Article IX, Section 1, of such Original Declaration of Trust, as hereinafter provided.
Limitation of Liability and Indemnification of Agent. 20 AGREEMENT AND DECLARATION OF TRUST OF