General Indemnity definition

General Indemnity means the indemnity set forth in Clause of the

General Indemnity shall bear the meaning ascribed thereto below clause 15.1.9;

General Indemnity has the meaning given in clause 11.3(a).

Examples of General Indemnity in a sentence

• The failure of Grantee to comply with these requirements may subject Grantee to remedial or corrective actions detailed in section 10.1, General Indemnity, above.

• INDEMNITY 20 10.1 General Indemnity 20 10.2 Intellectual Property 21 10.3 Additional Indemnity Provisions 21 ARTICLE XI.

• Relationship to general indemnity ( ) See note III below for instructions related to this section on Relationship to General Indemnity.

• This shall however, exclude liability arising pursuant to clause 2.8- tax indemnity, clause 14- General Indemnity, clause 15- Indemnity against IPR, clause 25 – Confidentiality and liabilities arising due to wilful misconduct, gross negligence, third party claims and corrupt acts attributable to the Vendor.

• The Contractor shall defend, indemnify and hold the Owner harmless pursuant to the provisions of Section 9.01 (General Indemnity) of the General Conditions for each claim asserted by a separate contractor for delay, improperly timed activity, defective construction or damage to the work of the separate contractor which is caused by the Contractor.

More Definitions of General Indemnity

General Indemnity means the indemnity provided by Deepwater to various parties pursuant to Section 10.1 (subject to Section 10.2) of the Participation Agreement.

General Indemnity. Each Borrower shall on demand indemnify the Lender from and against all loss, liabilities, damage, costs, charges and expenses suffered or incurred by the Lender (otherwise than arising solely as a result of a default by the Lender) in relation to or arising out of any claim made or purported to be made under any Letter of Credit issued for its account or that of any Group Nominee nominated by it or anything done by any person who is or claims to be entitled to the benefit of any such Letter of Credit or that of any Group Nominee nominated by it.

General Indemnity has the meaning given in Section 7.1.1.

General Indemnity. To the greatest extend permitted by law, VENDOR shall defend, indemnify and hold harmless Owner and contractor, including its officers, directors, partners, joint-ventures, agents, employees, affiliates, parents, subsidiaries and representatives, and each of them from and against all claims, demands, causes of action, penalties, assessments, fines, losses or liabilities in law or equity, and expenses, including but not limited to, attorneys’ fees and costs (collectively referred to as “Claims”), arising out of, or in connection with, VENDOR’S obligations under this Agreement, and which Claims occur both while this Agreement is in effect and after this Agreement has been terminated. Such indemnity provisions apply to the fullest extent permitted by law, regardless of any passively negligent act or omission of Owner and Contractor, or their agents or employees, VENDOR, however, shall not be obligated to indemnify Owner and Contractor from and against Claims arising from the active negligence, sole negligence or willful misconduct of Owner and Contractor, or their agents, employees or independent contractors who are directly responsible to Owner and Contractor , or for defects in design furnished by such persons, or for Claims that do not arise out of the work of VENDOR. The indemnity provisions set forth in this section shall not be limited by insurance requirements or by any other such provision in this Agreement. All work covered by this Agreement done at the site or in preparing or delivering materials or equipment to the site shall be at the sole risk of VENDOR until the completed work is accepted by Owner and Contractor.

General Indemnity. Each Borrower shall on demand indemnify the Lender and BNZ from and against all loss, liabilities, damage, costs, charges and expenses suffered or incurred by the Lender or BNZ, as applicable, (otherwise than arising solely as a result of a default by the Lender or BNZ, as the case may be, ) in relation to or arising out of any claim made or purported to be made under any Letter of Credit issued for its account or anything done by any person who is or claims to be entitled to the benefit of any such Letter of Credit.

General Indemnity. The Borrowers will reimburse the Bank for any additional costs or reduction of income arising as a result of the imposition of or increase in taxes (other than on the net income of the Bank) on amounts paid by the Borrowers to the Bank, an imposition of or increase in reserve requirements, or the imposition of any other condition affecting the Credit Facilities by any Government, Governmental agency or body, tribunal or regulatory authority.

General Indemnity. The Borrower indemnifies the Bank against, and will pay on demand by the Bank, all loss, liabilities, damage, costs, charges and expenses suffered or incurred by the Bank in relation to or arising out of any claim made or purported to be made under any Letter of Credit or anything done by any person who is or claims to be entitled to the benefit of any Letter of Credit, except any payment under a letter of credit made otherwise than in conformity with the Letter of Credit.