This office lease clause is the long form for dealing with the destruction of the premises and the conditions and obligations of the landlord to restore and accommodate the tenants.
Oklahoma Destruction Clause Long Form
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Multi-State
Control #:
US-OL11024B
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Word;
PDF
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FAQ
A corporation shall have power to indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending, or completed action, suit, or proceeding, whether civil, criminal, administrative, or investigative, other than an action by or in the right of the corporation, by reason of the ...
Example: Indemnify and Hold Harmless Clause The supplier agrees to indemnify and hold harmless the customer against all claims arising in respect of any injury, death, sickness or ill-health caused to or suffered by the customer and its personnel as a result of performance or non-performance of this Agreement.
In Oklahoma, it is against the law to maliciously injure, deface or destroy another person's real or personal property. It is considered a misdemeanor if the amount of damage is valued at less than $1000, and a felony if the damage is valued at $1000 or more.
It protects the purchaser from a reduction in value as a result of the potential issue. The purchaser's solicitor will examine the documents, deeds and carry out searches on your property; they may also raise enquiries and ask for further information to be provided.
Indemnification is protection against loss or damage. When a contract is breached, the parties look to its indemnity clause to determine the compensation due to the aggrieved party by the nonperformer. The point is to restore the damaged party to where they would have been if not for the nonperformance.
A corporation shall have power to indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending, or completed action, suit, or proceeding, whether civil, criminal, administrative, or investigative, other than an action by or in the right of the corporation, by reason of the ...
Statutory Authority: 21 O.S. 1991, § 1760. The gravamen of the offense of malicious mischief is the mens rea element "maliciously." A person acts maliciously when that person acts without justification or excuse in doing damage or harm to the legal rights of another.
Oklahoma statute § 21-1378 states that it is unlawful to attempt or threaten an act of violence that is intended to cause severe bodily harm or death to another person. An attempt of this nature is considered a felony, while a threat to kill or harm someone is charged as a misdemeanor.