Right of indemnity. The Service Provider agrees to exercise the Service Provider’s right of indemnity from the trust fund and the beneficiaries of the trust in respect of the Service Provider’s obligations under this Agreement. The Service Provider agrees to observe the Service Provider’s obligations as trustee of the trust and to ensure that: the Service Provider is not removed or replaced as trustee; the trust is not terminated or the trust deed varied; the Service Provider’s right of indemnity from the trust fund is not impaired or restricted in any way; the Service Provider’s ability to observe the Service Provider’s obligations under this agreement is not impaired or restricted in any way; and the trust fund is not mixed with other property. The Service Provider agrees to, on request by MLA, provide MLA with copies of the trust deed and any other documents constituting or relating to the trust.
Appears in 2 contracts
Sources: Umbrella It Services Agreement, It Services Agreement