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Any claim for indemnification must be made by a written notice to the party against whom indemnification is sought. Such notice shall specify in reasonable detail the particulars of the claim for indemnity and the basis upon which indemnity is claimed.
Company/Business/Individual Name shall fully indemnify, hold harmless and defend and its directors, officers, employees, agents, stockholders and Affiliates from and against all claims, demands, actions, suits, damages, liabilities, losses, settlements, judgments, costs and expenses (including but not
Under cross-indemnity agreements, the indemnification obligation is reciprocal in nature, regardless of fault. Therefore, each party obligates itself to indemnify the other for liabilities arising out of each other's acts or omissions.
In an indemnity cross-claim, the defendant requests that these parties pay the damages that may be assessed against the defendant, and that the other parties indemnify (hold harmless) the original defendant from the claims of the plaintiff.
Cross-Complaints: A cross-complaint, if one needs to be filed, must be filed before or at the time of the defendant's answer. 206051 After that time has passed, the party will require leave from the court to file a cross-complaint.