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Hold Harmless Indemnity Agreement
"I need a Hold Harmless Indemnity Agreement for my construction company that will be performing renovation work on a commercial building in Manila, where we'll be indemnifying the property owner against any claims arising from our construction activities starting March 2025."
1. Parties: Identification of the Indemnitor (party providing indemnity) and Indemnitee (party being indemnified), including complete legal names and addresses
2. Background: Context of the agreement, relationship between parties, and purpose of the indemnification
3. Definitions: Key terms used in the agreement, including 'Indemnified Events', 'Losses', 'Claims', and other relevant terminology
4. Scope of Indemnification: Detailed description of what losses, damages, or claims are covered by the indemnity
5. Indemnification Obligations: Specific obligations of the Indemnitor, including defense obligations and payment terms
6. Notice Requirements: Procedures and timeframes for notifying the Indemnitor of claims or potential claims
7. Defense of Claims: Process for defending against third-party claims, including control of defense and settlement
8. Duration: Term of the indemnity agreement and survival provisions
9. General Provisions: Standard contract clauses including governing law, entire agreement, amendments, and severability
1. Insurance Requirements: Requirements for maintaining specific insurance coverage to support indemnification obligations
2. Limitations on Indemnification: Specific caps, exclusions, or limitations on the scope of indemnification
3. Security Provisions: Requirements for security deposits, bonds, or other financial security to support indemnification obligations
4. Alternative Dispute Resolution: Specific procedures for resolving disputes through mediation or arbitration
5. Subrogation Rights: Rights of the Indemnitor to pursue claims against third parties
6. Force Majeure: Provisions addressing how extraordinary events affect indemnification obligations
7. Confidentiality: Provisions regarding confidential treatment of information exchanged in connection with claims
1. Schedule A - Indemnified Events: Detailed list of specific events, activities, or circumstances covered by the indemnification
2. Schedule B - Claims Procedures: Detailed procedures for handling claims, including forms, contact information, and timelines
3. Schedule C - Insurance Requirements: Specific insurance types, coverage amounts, and provider requirements
4. Appendix 1 - Notice Forms: Template forms for providing notice of claims or potential claims
5. Appendix 2 - Authorized Representatives: List of authorized representatives for both parties who can handle indemnification matters
Authors
Construction
Real Estate
Manufacturing
Events and Entertainment
Healthcare
Transportation and Logistics
Technology Services
Professional Services
Retail
Industrial Services
Sports and Recreation
Education
Legal
Risk Management
Operations
Compliance
Finance
Business Development
Project Management
Facilities Management
Procurement
Corporate Affairs
Legal Counsel
Risk Manager
Contract Administrator
Business Development Manager
Operations Director
Project Manager
Compliance Officer
Facility Manager
Chief Financial Officer
Chief Legal Officer
Property Manager
Construction Manager
Event Coordinator
Procurement Manager
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