Common use of Indemnity from Incoming Party Clause in Contracts

Indemnity from Incoming Party. The Incoming Party indemnifies the Outgoing Party on demand against any Claim, damage, loss, cost, charge, expense, outgoing or payment which the Outgoing Party pays, suffers, incurs or is liable for in respect of any act or omission by the Incoming Party in respect of the Contract which occurs on or after the Novation Date.

Appears in 4 contracts

Samples: Contract for Houses and Residential Land, Contract for Houses and Residential Land, Contract for Houses and Residential Land

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