Common use of Payment and Indemnity Clause in Contracts

Payment and Indemnity. 10.1 The Organisation undertakes to have sufficient insurance coverage in respect of all services or activities it delivers when using the Grant. The extent and adequacy of the insurance cover is a matter for the Organisation and its insurance advisers. 10.2 The Executive will not be liable in respect of any loss damage claim cost injury or death whatsoever arising out of or in connection with the provision of services or activities by the Organisation whether contemplated by this Agreement or otherwise. 10.3 Subject to the conditions set out in the Agreement, and the Schedule(s) hereto, the Executive shall make payment of the Grant to the nominated bank account of the Organisation as set out in the Schedule (s) below.

Appears in 4 contracts

Samples: Grant Aid Agreement, Grant Aid Agreement, Grant Agreement

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