Indemnities are an essential part of any contract lawyer's toolkit, and are often a hotly contested aspect of a contract negotiation. 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 indemnifying party agrees to indemnify and save the indemnified party, and list of other parties harmless from and against any and all claims, liability, loss, expenses, suits, damages, judgments, demands, and costs (including reasonable legal fees and expenses) arising out of (i) the acts or omissions of indemnifying party, and list of othe. Sample 1 sample 2 sample 3 see all ( 88) indemnification clause. (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.
Sample 1 sample 2 sample 3 see all ( 88) indemnification clause. Example indemnity clauses for indemnification in contracts to create an additional financial remedy to recover loss in specified circumstances. Web a typical indemnification clause consists of two separate and distinct obligations: The obligation to indemnify requires the indemnifying party to:
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. A service provider asking their customer to indemnify them to protect against misuse of their work product. Web contact us for legal advice on indemnities on +44 20 7036 9282 or [email protected] to speak to an expert contract solicitor.
Indemnity and hold harmless agreement in Word and Pdf formats
Web the indemnifying party agrees to indemnify and save the indemnified party, and list of other parties harmless from and against any and all claims, liability, loss, expenses, suits, damages, judgments, demands, and costs (including reasonable legal fees and expenses) arising out of (i) the acts or omissions of indemnifying party, and list of othe. View a sample indemnification clause and learn more about its use and enforceability. The obligation to indemnify requires the indemnifying party to: 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. Web indemnifications, or hold harmless provisions, shift risks or potential costs from one party to another.
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. Reimburse the indemnified party for its paid costs and expenses, referred to as losses. Web contact us for legal advice on indemnities on +44 20 7036 9282 or [email protected] to speak to an expert contract solicitor.
Web Published On 1St Mar 2019.
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. Web size 6 to 9 pages. Reimburse the indemnified party for its paid costs and expenses, referred to as losses. Web a typical indemnification clause consists of two separate and distinct obligations:
Web Contact Us For Legal Advice On Indemnities On +44 20 7036 9282 Or [email protected] To Speak To An Expert Contract Solicitor.
Sample 1 sample 2 sample 3 see all ( 88) indemnification clause. 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. The warrant agent shall be liable hereunder only for its own gross negligence, willful misconduct or bad faith. Indemnity can be a complicated legal subject.
Web A Typical Indemnification Clause Consists Of Two Separate And Distinct Obligations:
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 the indemnifying party agrees to indemnify and save the indemnified party, and list of other parties harmless from and against any and all claims, liability, loss, expenses, suits, damages, judgments, demands, and costs (including reasonable legal fees and expenses) arising out of (i) the acts or omissions of indemnifying party, and list of othe. 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. Reimburse the indemnified party for its paid costs and expenses, referred to as losses.
Web Each Party Shall Indemnify, Defend And Hold Harmless The Other Party And Its Affiliates, Employees Or Directors From Any And All Costs, Expenses, Damages, Judgments And Liabilities (Including Reasonable Attorneys’ Fees And The Cost Of Any Recalls) Incurred By Or Rendered Against The Other Party Or Its Affiliates, Employees Or Directors In Any Th.
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. 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. The obligation to indemnify requires the indemnifying party to: Providing this protection is a process known as indemnification.
Web published on 1st mar 2019. Reimburse the indemnified party for its paid costs and expenses, referred to as losses. An indemnification agreement also ensures that compensation is given to recoup any losses and damages. 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. Web a typical indemnification clause consists of two separate and distinct obligations: