Indemnity agreements template

It also obtains the signatures of the representative of utility, electricity supplier, and customer-generator. They frame various clauses which help to define the indemnity agreement terms and conditions effectively.

They include policy claims and arrangements and details about claims that can be made for any loss or damage. They also mention claims procedures, rules, and regulations as well as policy cover details. They provide clauses that mention governing law and amendments to the agreement as well.

They also mention penal amount and obtain the signatures of indemnity parties, witnesses, as well as that of the notary public. Surety Indemnity Agreement Download fcsurety. As a condition of such, the Indemnified Party wishes to be indemnified and held harmless, as more fully set forth in this Indemnity Agreement below.

In consideration of foregoing, and of the mutual covenants contained herein, the receipt and sufficiency of which are hereby acknowledged, the parties to this Agreement hereby agree as follows:.

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 other parties in connection with description; or ii any accident, injury or death to persons, or loss of or damage to property, or fines and penalties which may result, in whole or in part, by reason of description except to the extent that such damage is due solely and directly to the negligence of the Indemnified Party.

This Agreement is legal and binding between the Parties as stated above. This Agreement may be entered into and is legal and binding both in the United States and throughout Europe.

The Parties each represent that they have the authority to enter into this Agreement. Governing Law and Jurisdiction. Entire Agreement.

The Parties acknowledge and agree that this Agreement represents the entire agreement between the Parties. In the event that the Parties desire to change, add, or otherwise modify any terms, they shall do so in writing to be signed by both parties. The Parties agree to the terms and conditions set forth above as demonstrated by their signatures as follows:. Don't worry, we hate spam too.

The other party will. Back Create My Document Skip this step for now. This document preview is formatted to fit your mobile device. The formatting will change when printed or viewed on a desktop computer. Hold-Harmless Indemnity Agreement Page of. Need Help With This Question? Document Preview About this Document. What is Indemnity? When is a Hold Harmless Indemnity Agreement typically used? Here are some of the most common usages: If a landlord allows a tenant to move in before the lease date known as early occupancy , the landlord can use an Indemnity Agreement to ensure that the tenant is held to all the provisions of the lease, even though they are moving in early.

If a business hires an employee or contractor, it can use an Indemnity Agreement to absolve responsibility for any injuries or accidents caused by employees or contractors in the workplace.

Those who own high-risk or thrill-seeking businesses, such as amusement parks or skiing or sky-diving companies, may have customers sign an Indemnity Agreement to avoid being held responsible for liabilities due to injury or accidents that are not the fault of the business.