This form brings together several boilerplate contract clauses that work together to outline the procedures, restrictions, exclusivity and other aspects of an indemnity provided for under the terms of the contract agreement. Both short and detailed examples are provided to suit individual needs and circumstances.
Kansas Putting It All Together - Indemnification Provisions
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US-ND1015
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How to fill out Putting It All Together - Indemnification Provisions?
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The Contractor shall defend, indemnify and hold the County, its officers, officials, employees and volunteers harmless from any and all claims, injuries, damages, losses or suits including attorney fees, arising out of or in connection with the performance of this Agreement, except for injuries and damages caused by ... Sample Indemnity/Hold Harmless Provision Contractors - Pierce County piercecountywa.gov ? View ? Sample-Inde... piercecountywa.gov ? View ? Sample-Inde...
Indemnification clauses vary widely, but in a typical indemnification provision, the obligor (indemnifying party) promises to reimburse the obligee (indemnified party) from and against any and all "losses, liabilities, claims, and causes of action" (recoverable damages) incurred by the indemnified party that "cause," " ... Indemnification Clauses in Commercial Contracts (GA) bakerdonelson.com ? webfiles ? Bios ? Inde... bakerdonelson.com ? webfiles ? Bios ? Inde...
However, any provision that forces one party to indemnify the other when that party's negligence was the catalyst for a dispute will be disavowed under Kansas law. Indemnity Claims in Kansas - Cotney Attorneys & Consultants Cotney Attorneys & Consultants ? Construction Law Cotney Attorneys & Consultants ? Construction Law
Indemnifications, or ?hold harmless? provisions, shift risks or potential costs from one party to another. One party to the contract promises to defend and pay costs and expenses of the other if specific circumstances arise (often a claim or dispute with a third party to the contract). Indemnification Clause Sample | Bloomberg Law bloomberglaw.com ? brief ? indemnification-... bloomberglaw.com ? brief ? indemnification-...
Most indemnification provisions require the indemnifying party to "indemnify and hold harmless" the indemnified party for specified liabilities. In practice, these terms are typically paired and interpreted as a unit to mean "indemnity." Indemnification Clauses in Commercial Contracts thomsonreuters.com ? insights ? articles ? in... thomsonreuters.com ? insights ? articles ? in...
How to Write an Indemnity Agreement Consider the Indemnity Laws in Your Area. ... Draft the Indemnification Clause. ... Outline the Indemnification Period and Scope of Coverage. ... State the Indemnification Exceptions. ... Specify How the Indemnitee Notifies the Indemnitor About Claims. ... Write the Settlement and Consent Clause. How to Write an Indemnity Agreement (Step-by-Step Guide) - OnBoard onboardmeetings.com ? blog ? indemnity-a... onboardmeetings.com ? blog ? indemnity-a...
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. What Is a Letter of Indemnity (LOI)? Definition and Example - Investopedia investopedia.com ? terms ? letterofindemnity investopedia.com ? terms ? letterofindemnity
(6) "Indemnification provision" means a covenant, promise, agreement, clause or understanding in connection with, contained in, or collateral to a contract that requires the promisor to hold harmless, indemnify or defend the promisee or others against liability for loss or damages. 2011-2012 Legislative Sessions - Statute | Kansas State Legislature kslegislature.org ? 016_001_0021_section kslegislature.org ? 016_001_0021_section