Indemnity Agreements Sample Clauses

An indemnity agreement is a contractual provision where one party agrees to compensate the other for certain losses or damages that may arise during the course of their relationship. Typically, this clause outlines the specific types of claims, liabilities, or expenses covered, such as third-party lawsuits or property damage, and may set limits or procedures for making indemnity claims. Its core practical function is to allocate risk between the parties, ensuring that the party best able to manage or insure against certain risks bears the financial responsibility if those risks materialize.
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Indemnity Agreements. Simultaneously with any person becoming a Designated Director, the Company shall execute and deliver to each such Designated Director an Indemnity Agreement dated the date such Designated Director becomes a director of the Company.
Indemnity Agreements. The Commission will execute and issue agreements of indemnity with each Federal agency subject to this subpart pursuant to the regulations in this part or such other regulations as may be issued by the Commission. Such agreements, as to any licensee, shall be effective on:
Indemnity Agreements. The Commission will execute and issue agreements of indemnity with each non-profit educational institution subject to this subpart pursuant to the regulations in this part or such other regulations as may be issued by the Commission. Such agreements, as to any licensee, shall be effective on:
Indemnity Agreements. The Environmental Indemnity regarding Hazardous Substances made by the Parent Borrower and each Subsidiary Credit Party in favor of the Agent and the Lenders, as the same may be modified or amended.
Indemnity Agreements. The corporation may enter into agreement with any director, officer, employee or agent of the corporation providing for indemnification to the fullest extent permitted by Delaware law.
Indemnity Agreements. Simultaneously with any person designated in accordance with this Agreement becoming a director, the Company shall execute and deliver to each such director a customary director indemnification agreement dated the date such director becomes a director of the Company.
Indemnity Agreements. The Company has not agreed to indemnify, defend or otherwise hold harmless any other Person with respect to any Loss resulting or arising from the Company Intellectual Property (including without limitation any Loss resulting or arising from the infringement or misappropriation of any Intellectual Property of a third party by any Company Intellectual Property or any claim, suit or assertion of any such infringement or misappropriation), except under those Contracts listed in Section 3.13(h) of the Company Disclosure Schedule.
Indemnity Agreements. (a) Contractor agrees to protect, defend, indemnify and hold Operator its co-leases, its agents, if any, its other Contractor’s and/or their employees harmless from and against all claims, suits, demands and causes of action, liabilities, expenses, costs, liens, rights in rem, and judgements of every kind and character, without limit, which may arise in favour of Contractor, Contractor's employees, agents, sub-contractor’s or their employees, on account of bodily injury or death of Contractor’s employees, agent, sub- contractor or sub- contractor’s employee or damage to said employee’s property as a result of the operations, contemplated hereby, regardless of whether said claims, demands, or causes of action arise out of negligence or otherwise, in whole or in part, unseaworthiness or other fault, including pre-existing conditions of Operator, its contractor’s other than the Contractor, sub-contractors, partners, Joint Ventures, their employees or Agents. (b) Operator agrees to protect, defend indemnify and hold Contractor and its sub-contractors, its agent and its affiliates, its other contractors and / or their employees harmless from and against all claims, suits, demands and causes of action, liabilities, expenses, costs, liens, rights in rem and judgements of every kind and character, without limit, which may arise in favour of Operator, Operator’s employees, Agents, invitees, contractors (other than Contractor) and sub-contractors or their employees, on account of bodily injury or death of Operator’s employees, agents, invitees, contractors (other than Contractor) and sub-contractors or damage to said employees or its property (including any property of Operator) as a result of the operations contemplated hereby, regardless of whether or not said claims, demands or causes of action arise out of the negligence or otherwise in whole or in part, unseaworthiness or other faults, including pre- existing conditions of Contractor, its sub-contractors, partners, Joint Venturers, employees or agents. (BL/03/24 dated 02.02.2012)
Indemnity Agreements. Notwithstanding other law to the contrary, a provision in a motor vehicle lease agreement that indemnifies the lessor against any claims or liabilities arising out of the use, operation, or maintenance of the vehicle by the lessee includes the right to indemnity for traffic violations, penalties, and punitive damages caused by the lessee and is enforceable in accordance with its terms. This section does not relieve the lessor of any liability, penalty, or damages arising out of its own acts or omissions.
Indemnity Agreements. The Environmental Indemnity Agreements of even date herewith, signed by Borrower and the Owners in favor of Lender.