Sample Indemnity Clause
Sample Indemnity Clause - The employer agrees that upon request from the union , the employer will provide information that confirms adequate insurance coverage for employees covered by this agreement while working within the scope of their employment. Web company shall indemnify, defend, and hold harmless dealer, its partners, agents and employees, and their respective successors and assigns of, for, from and against any and all claims, losses, damages, liabilities, judgments, penalties, fines and expenses, including, but not limited to, reasonable attorneys’ fees and costs, to the extent resulti. Indemnities are an essential part of any contract lawyer's toolkit, and are often a hotly contested aspect of a contract negotiation. Reimburse the indemnified party for its paid costs and expenses, referred to as losses. The company agrees to indemnify the warrant agent and save it harmless against any and all liabilities, including judgments, costs and reasonable counsel fees, for anything done or omitted by the. Below are some examples as to when an indemnity clause would be used in a contract or situation to protect the party beng indemnified: Web published on 1st mar 2019. An indemnification agreement also ensures that compensation is given to recoup any losses and damages. Sample 1 sample 2 sample 3 see all ( 88) indemnification clause. Web an indemnity clause is a contractual transfer of risk between two contractual parties generally to prevent loss or compensate for a loss which may occur as a result of a specified event.
The law around indemnities is complex and, in many cases, far from settled. Indemnity can be a complicated legal subject. Web published on 1st mar 2019. A service provider asking their customer to indemnify them to protect against misuse of their work product. Web the foregoing indemnity shall cover, without limitation, (i) any claim in connection with a design or other defect (latent or patent) in any item of equipment or product included in the collateral, (ii) any claim for infringement of any patent, copyright, trademark or other intellectual property right, (iii) any claim resulting from the presence. Below are some examples as to when an indemnity clause would be used in a contract or situation to protect the party beng indemnified: An indemnity agreement is a document used to protect one party, known as the indemnitee, from liability based on the actions of another party, known as the indemnifier.
The employer agrees that upon request from the union , the employer will provide information that confirms adequate insurance coverage for employees covered by this agreement while working within the scope of their employment. Web the indemnity agreement regarding hazardous materials made by the borrower and guarantors, in favor of the agent and the lenders, as the same may be modified, amended or ratified, pursuant to which each of the borrower and the guarantors agrees to indemnify the agent and the lenders with respect to hazardous substances and environmental laws. Web published on 1st mar 2019. Web company shall indemnify, defend, and hold harmless dealer, its partners, agents and employees, and their respective successors and assigns of, for, from and against any and all claims, losses, damages, liabilities, judgments, penalties, fines and expenses, including, but not limited to, reasonable attorneys’ fees and costs, to the extent resulti. Web indemnifications, or hold harmless provisions, shift risks or potential costs from one party to another.
41 Free Indemnification Agreements (Word) ᐅ TemplateLab
FREE 13+ Sample Indemnity Agreement Templates in MS Word PDF
41 Free Indemnification Agreements (Word) ᐅ TemplateLab
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Indemnity and hold harmless agreement in Word and Pdf formats
41 Free Indemnification Agreements (Word) ᐅ TemplateLab
View a sample indemnification clause and learn more about its use and enforceability. Web an indemnity clause is a contractual transfer of risk between two contractual parties generally to prevent loss or compensate for a loss which may occur as a result of a specified event. (i) subject to and upon the terms and conditions of this agreement, the corporation shall indemnify and hold harmless the indemnified party in respect of any and all costs, claims, losses, damages and expenses which may be incurred or suffered by the indemnified party as a result. 4.1.1 the company agrees to indemnify, to the extent permitted by law, each holder of registrable securities, its officers and directors and each person who controls such holder (within the meaning of the securities act) against all losses, claims, damages, liabilities and expenses (including attorneys’ fees) caused by any untru. Web company shall indemnify, defend, and hold harmless dealer, its partners, agents and employees, and their respective successors and assigns of, for, from and against any and all claims, losses, damages, liabilities, judgments, penalties, fines and expenses, including, but not limited to, reasonable attorneys’ fees and costs, to the extent resulti. The obligation to indemnify requires the indemnifying party to:
Web an indemnification clause is a legally binding agreement between two parties specifying that one party (the indemnifying party) will compensate the other party (the indemnified party) for any losses or damages that may arise from a particular event or circumstance. Indemnities are an essential part of any contract lawyer's toolkit, and are often a hotly contested aspect of a contract negotiation. Web an indemnity clause is a contractual transfer of risk between two contractual parties generally to prevent loss or compensate for a loss which may occur as a result of a specified event. An obligation to indemnify, and an obligation to defend. The union agrees to indemnify and hold the county of los angeles harmless from any liabilities of any nature which may arise as a result of the application of the provisions of this article.
Web indemnifications, or hold harmless provisions, shift risks or potential costs from one party to another. Web published on 1st mar 2019. The union agrees to indemnify and hold the county of los angeles harmless from any liabilities of any nature which may arise as a result of the application of the provisions of this article. 4.1.1 the company agrees to indemnify, to the extent permitted by law, each holder of registrable securities, its officers and directors and each person who controls such holder (within the meaning of the securities act) against all losses, claims, damages, liabilities and expenses (including attorneys’ fees) caused by any untru.
Web An Indemnification Clause Is A Legally Binding Agreement Between Two Parties Specifying That One Party (The Indemnifying Party) Will Compensate The Other Party (The Indemnified Party) For Any Losses Or Damages That May Arise From A Particular Event Or Circumstance.
Web an indemnification agreement (also known as a hold harmless agreement) is a legally binding contract that holds a business harmless for any burden loss or damage done by the person or entity. The employer agrees that upon request from the union , the employer will provide information that confirms adequate insurance coverage for employees covered by this agreement while working within the scope of their employment. Web an indemnity clause is a contractual transfer of risk between two contractual parties generally to prevent loss or compensate for a loss which may occur as a result of a specified event. Reimburse the indemnified party for its paid costs and expenses, referred to as losses.
The Union Agrees To Indemnify And Hold The County Of Los Angeles Harmless From Any Liabilities Of Any Nature Which May Arise As A Result Of The Application Of The Provisions Of This Article.
Web contact us for legal advice on indemnities on +44 20 7036 9282 or [email protected] to speak to an expert contract solicitor. (i) subject to and upon the terms and conditions of this agreement, the corporation shall indemnify and hold harmless the indemnified party in respect of any and all costs, claims, losses, damages and expenses which may be incurred or suffered by the indemnified party as a result. Providing this protection is a process known as indemnification. The company agrees to indemnify the warrant agent and save it harmless against any and all liabilities, including judgments, costs and reasonable counsel fees, for anything done or omitted by the.
Web An Indemnity Clause Is A Contractual Provision That Requires One Party (The Indemnitor) To Compensate Another Party (The Indemnitee) For Specified Losses, Costs Or Expenses Incurred By The Indemnitee Because Of Certain Events Or Actions.
Web a typical indemnification clause consists of two separate and distinct obligations: Web each party hereby agrees to indemnify, defend, and hold the other party harmless from any and all claims, demands, costs, liabilities, losses, expenses and damages (including reasonable attorneys ' fees, costs, and expert witnesses' fees) arising out of or in connection with any claim that, taking the claimant 's allegations to be true, would re. Indemnity can be a complicated legal subject. An indemnity agreement is a document used to protect one party, known as the indemnitee, from liability based on the actions of another party, known as the indemnifier.
View A Sample Indemnification Clause And Learn More About Its Use And Enforceability.
Web indemnification clauses are used frequently in the real world. The company shall indemnify, defend, and hold harmless the ramot indemnitees against any liability, damage, loss, or expense (including reasonable attorneys fees and expenses of litigation) incurred by or imposed upon any of the ramot indemnitees in connection with any third party claims, suits, actions. A service provider asking their customer to indemnify them to protect against misuse of their work product. The obligation to indemnify requires the indemnifying party to: