Indemnification Clause For Both Parties
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How to fill out Indemnification Agreement For A Trust?
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FAQ
Indemnity clauses may be structured as mutual indemnification, where both parties agree to indemnify each other for specific types of losses, or they may be one-sided, where only one party agrees to indemnify the other. A mutual indemnification clause is a provision in which both parties agree to indemnify each other.
Examples of Indemnification Clauses Conversely, a mutual indemnification agreement could look something like this: ?Each party agrees to indemnify, defend, and hold harmless each other for and from any loss or liability arising out of the party's breach of this contract.?
Mutual indemnification: Both parties agree to compensate the other party for losses that are caused by the indemnifying party's breach of the contract. One-way indemnification: Only one party provides this indemnity in favor of the other party.
Each party shall indemnify, defend, protect, hold harmless, and release the other, its officers, agents, and employees, from and against any and all claims, loss, proceedings, damages, causes of action, liability, costs, or expense (including attorneys' fees and witness costs) arising from or in connection with, or ...
