Common use of Power to Indemnify Clause in Contracts

Power to Indemnify. to indemnify from the Fund any person employed pursuant to s. 11.10(r), any former Trustee or other person in respect of any actual, contingent or prospective liability, including without limitation any tax liability, arising in respect of the Fund or a Separate Account or otherwise pursuant to this Agreement, except that no indemnity shall be payable from the Fund in favour of any person with respect to any matter arising from that person’s dishonesty, bad faith, wilful misconduct or gross negligence.

Power to Indemnify. to To indemnify from the Fund any person employed pursuant to s. section 11.10(r), any former Trustee or other person in respect of any actual, contingent or prospective liability, including without limitation any tax liability, arising in respect of the Fund or a Separate Account or otherwise pursuant to this Agreement, except that no indemnity shall be payable from the Fund in favour of any person with respect to any matter arising from that person’s 's dishonesty, bad faith, wilful misconduct or gross negligence.

Power to Indemnify. to the Trustees may indemnify from the Fund any person employed pursuant to s. paragraph 11.10(r), any former Trustee or other person in respect of any actual, contingent or prospective liability, including including, without limitation limitation, any tax liability, arising in respect of the Fund or a Separate Account or otherwise pursuant to this Agreement, except that no indemnity shall be payable from the Fund in favour of any person with respect to any matter arising from that person’s dishonesty, bad faith, wilful misconduct or gross negligence.