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Environmental Indemnification Agreement
"Need an Environmental Indemnification Agreement to cover potential soil contamination risks for our manufacturing facility purchase in Singapore, with specific focus on historical chemical storage areas and a ten-year indemnification period starting March 2025."
1. Parties: Identification and details of the indemnitor and indemnitee
2. Background: Context of the environmental risks, relevant legislation (EPMA, EPHA, etc.), and reason for indemnification
3. Definitions: Key terms including environmental terms, regulatory references, and technical definitions
4. Scope of Indemnification: Specific environmental risks covered, including references to relevant Singapore environmental regulations
5. Indemnification Obligations: Detailed process and obligations for environmental indemnification under Singapore law
6. Regulatory Compliance: Obligations regarding compliance with Singapore environmental laws and regulations
7. Duration and Survival: Term of the indemnification coverage and surviving obligations
8. Notice Requirements: Process for notification of environmental incidents or claims
9. Governing Law and Jurisdiction: Specification of Singapore law as governing law and jurisdiction
1. Insurance Requirements: Specific insurance requirements to support indemnification, used when additional insurance coverage is required
2. Site Access and Investigation: Terms for accessing and investigating affected sites, used when physical property is involved
3. Remediation Procedures: Specific procedures for environmental cleanup and remediation, used when dealing with contaminated sites
4. International Obligations: References to international environmental treaties and obligations, used when cross-border issues are involved
5. Dispute Resolution: Specific procedures for resolving environmental disputes, used when parties want detailed dispute resolution mechanisms
1. Schedule 1: Properties and Sites: List of properties and sites covered by the indemnification
2. Schedule 2: Environmental Reports: Baseline environmental assessment reports and existing condition documentation
3. Schedule 3: Remediation Standards: Applicable environmental cleanup standards and requirements under Singapore law
4. Schedule 4: Insurance Certificates: Copies of relevant insurance policies and certificates
5. Schedule 5: Regulatory Permits: List of required environmental permits and licenses
6. Appendix A: Emergency Response Procedures: Procedures for handling environmental emergencies and incidents
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