Florida Sample Environmental Indemnity Agreement

State:
Multi-State
Control #:
US-0818-WG
Format:
Word; 
Rich Text
Instant download

Description

This is a sample form in which the Indemnitor hereby unconditionally and irrevocably indemnifies and agrees to reimburse, defend, exonerate, pay and hold harmless Lender and its directors, officers, policyholders, shareholders, employees, successors, assigns, agents, contractors, subcontractors, experts, licensees, affiliates, lessees, mortgagees, trustees and invitees, from and against any and all Environmental Damages arising from the presence of Hazardous Materials in, upon, about or beneath the Secured Property or migrating to or from the Secured Property, or arising in any manner whatsoever out of the violation of any Environmental Requirements pertaining to the Secured Property and the activities thereon, or the breach of any warranty or covenant or the inaccuracy of any representation of Indemnitor contained in the Loan Documents pertaining to Hazardous Materials or other environmental matters.
Free preview
  • Preview Sample Environmental Indemnity Agreement
  • Preview Sample Environmental Indemnity Agreement
  • Preview Sample Environmental Indemnity Agreement
  • Preview Sample Environmental Indemnity Agreement
  • Preview Sample Environmental Indemnity Agreement
  • Preview Sample Environmental Indemnity Agreement
  • Preview Sample Environmental Indemnity Agreement
  • Preview Sample Environmental Indemnity Agreement
  • Preview Sample Environmental Indemnity Agreement

How to fill out Sample Environmental Indemnity Agreement?

Have you ever been in a situation where you required documentation for either business or personal reasons almost every single day.

There are numerous legitimate document templates available online, but finding those that you can trust is quite challenging.

US Legal Forms provides a vast array of form templates, such as the Florida Sample Environmental Indemnity Agreement, specifically designed to fulfill federal and state regulations.

Once you find the appropriate form, click Get now.

Select the pricing plan you prefer, complete the necessary details to create your account, and process the payment using PayPal or a credit card.

  1. If you are already familiar with the US Legal Forms website and have an account, simply Log In.
  2. Then, you will be able to download the Florida Sample Environmental Indemnity Agreement template.
  3. If you do not have an account and wish to start using US Legal Forms, follow these steps.
  4. Locate the form you need and ensure it corresponds to the correct city/state.
  5. Utilize the Review option to inspect the form.
  6. Examine the description to confirm you have selected the right form.
  7. If the form is not what you are looking for, use the Lookup area to find the form that suits your needs.

Form popularity

FAQ

An environmental indemnity mitigates a lender's exposure for environmental risks that are associated with real property ownership by indemnifying the lender against all losses associated with environmental compliance, monitoring, and remediations (see Drafting Note, Losses).

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

A common example of indemnification happens with reagrd to insurance transactions. This often happens when an insurance company, as part of an individual's insurance policy, agrees to indemnify the insured person for losses that the insured person incurred as the result of accident or property damage.

An indemnity agreement is a contract that protect one party of a transaction from the risks or liabilities created by the other party of the transaction. Hold harmless agreement, no-fault agreement, release of liability, or waiver of liability are other terms for an indemnity agreement.200c

Indemnity is a contractual agreement between two parties. In this arrangement, one party agrees to pay for potential losses or damages caused by another party.

For example, in the case of home insurance, the homeowner pays insurance premiums to the insurance company in exchange for the assurance that the homeowner will be indemnified if the house sustains damage from fire, natural disasters, or other perils specified in the insurance agreement.

$20/Month. The cost of professional indemnity insurance varies considerably. While these policies are extremely common, and typically inexpensive for most industries, the cost can increase significantly for specialized services with much higher risks.

Letters of indemnity should include the names and addresses of both parties involved, plus the name and affiliation of the third party. Detailed descriptions of the items and intentions are also required, as are the signatures of the parties and the date of the contract's execution.

In a financing context, a bank commitment letter and loan agreement often provide that the borrower will indemnify the agent banks and lenders for losses, liabilities, and related expenses they incur from litigation or other claims related to the loan or the borrower (such as environmental liabilities).

An indemnity agreement is a contract that protect one party of a transaction from the risks or liabilities created by the other party of the transaction. Hold harmless agreement, no-fault agreement, release of liability, or waiver of liability are other terms for an indemnity agreement.200c

Trusted and secure by over 3 million people of the world’s leading companies

Florida Sample Environmental Indemnity Agreement