Common use of Validity of Agreement Clause in Contracts

Validity of Agreement. In any judicial proceeding or arbitration commenced pursuant to this Section 3, the Fund shall be precluded from asserting that the procedures and presumptions set forth in this Agreement are not valid, binding and enforceable against the Fund, and shall stipulate in any such court or before any such arbitrator that the Fund is bound by all the provisions of this Agreement.

Appears in 76 contracts

Sources: Indemnification Agreement (Capital Group KKR Core Plus (Plus)), Indemnification Agreement (Capital Group KKR Multi-Sector (Plus)), Indemnification Agreement (Capital Group Growth ETF)