If you need to full, down load, or print out lawful record web templates, use US Legal Forms, the most important collection of lawful varieties, that can be found on the Internet. Use the site`s easy and hassle-free lookup to get the paperwork you will need. Various web templates for company and specific functions are categorized by categories and says, or keywords. Use US Legal Forms to get the North Dakota Form of Indemnification Agreement by Kyle Technology Corp. with a few mouse clicks.
If you are already a US Legal Forms consumer, log in in your profile and click on the Down load key to get the North Dakota Form of Indemnification Agreement by Kyle Technology Corp.. You may also entry varieties you previously acquired from the My Forms tab of the profile.
Should you use US Legal Forms the very first time, follow the instructions under:
Every lawful record template you buy is yours for a long time. You might have acces to every kind you acquired with your acccount. Click on the My Forms section and decide on a kind to print out or down load again.
Compete and down load, and print out the North Dakota Form of Indemnification Agreement by Kyle Technology Corp. with US Legal Forms. There are millions of expert and condition-certain varieties you may use for your company or specific needs.
In most contracts, an indemnification clause serves to compensate a party for harm or loss arising in connection with the other party's actions or failure to act. The intent is to shift liability away from one party, and on to the indemnifying party.
A waiver or release of liability is a contract releasing a party from liability for injuries resulting from their ordinary negligence. An indemnification agreement is a contract agreeing to reimburse the party for any monetary loss incurred as a result of a participant's engagement in an activity.
Intermediate form indemnification requires the indemnitor to pay for the indemnitee's negligence unless the indemnitee's negligence is the sole cause of the loss.
Sponsor shall indemnify and hold Institution, System, their Regents, officers, agents, and employees harmless against any and all claims, demands, damages, liabilities and costs which directly or indirectly result from, or arise in connection with, any negligent act or omission of Sponsor, its agents, or employees, ...
As used herein, ?INDEMNIFY? means to agree to assume the Released Parties' liability in a situation, thereby relieving them of responsibility, and/or reimbursing the Released Party for Claims asserted against them. 5.
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).
On this page you'll find 61 synonyms, antonyms, and words related to indemnification, such as: compensation, indemnity, restitution, benefit, counterclaim, and coverage.
Indemnity Agreement: Although similar to a hold harmless agreement, an indemnity agreement is an arrangement whereby one party agrees to pay the other party for any damages regardless of who is at fault.