Common use of Indemnity Agreements Clause in Contracts

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.

Appears in 4 contracts

Samples: Motor Vehicle Lease Agreement, Motor Vehicle Lease Agreement, Motor Vehicle Lease Agreement

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