Indemnity. The selected Respondent shall indemnify the Bank, and shall always keep indemnified and hold the Bank, its employees, personnel, officers, directors, (hereinafter collectively referred to as “ Personnel”) harmless from and against any and all losses, liabilities, claims, actions, costs and expenses ( including attorneys’ fees) relating to, resulting directly or indirectly from or in any way arising out of any claim, suit or proceeding brought against the Bank as a result of: • The Bank’s authorized/ bona fide use of the deliverables and /or the Services provided by the selected Bidder under this RfE; and/or • an act or omission of the selected Respondent and/or its employees, in performance of the obligations under this RfE; and/or • claims made by employees who are deployed by the selected Respondent, agains t the Bank; and/or • claims arising out of employment, non -payment of remuneration and non - provision of statutory benefits by the selected Respondent to its employees • breach of any of the term of this RfE or breach of any representation or false representation or inaccurate statement or assurance or covenant or warranty of the selected Respondent under this RfE; and/or • any or all Deliverables or Services infringing any patent, trademarks, copyrights or such other Intellectual Property Rights; and/ or • breach of confidentiality obligations of the selected Respondent contained in this RfE; and/ or • Negligence or gross misconduct attributable to the selected respondent or its employees. T001222800/2021/BYO/HRV Issued on: January 08, 2021 Page: 13 of 31 Indemnity would cover damages, loss or liabilities suffered by the Bank arising out of claims made by customer and / or regulatory authorities for reasons attributable to breach of obligations under this RfE and subsequent agreement by the selected Respondent. 3.17.
Indemnity. The Contractor shall at all times indemnify the Purchaser against all claims which may be made in respect of Stores against infringement of any right protected by Patent Registration and Law of Designs or Trade Marks and shall indemnify any risk of accidents or damage to the Stores and continue to indemnify the Purchaser against all patent and latent defects till the satisfactory completion of the warranty period. 22.1 Right of Recourse under Civil Liability for Nuclear Damages Act 2010 & Rule 2011 thereof; (a) The Purchaser shall have Right to Recourse against the contractor in accordance with provisions under Section 17(a) of Civil Liability for Nuclear Damage Act, 2010, with following limitations, as stipulated in Rule 24 of the Civil Liability for Nuclear Damage Rules, 2011: The Contractor’s liability shall be to the extent of the Operator’s liability under sub-section(2) of Section 6 of the Act or the value of the contract, whichever is less, AND The duration of Contractor’s liability shall be limited to duration of initial license issued by AERB or the product liability period, whichever is longer. (b) The term “supplier” and the duration and extent of supplier’s liability are explained in Rule 24 of the Civil Liability for Nuclear Damage (CLND) Rules, 2011. For any questions relating to supplier’s liability under section 17 of the Civil Liability for Nuclear Damage (CLND) Act, 2010, Government of India’s clarifications dated February 08, 2015 may be referred to. These have been posted at the websites of Ministry of External Affairs and the Department of Atomic Energy under the title “Frequently Asked Questions and Answers on Civil Liability for Nuclear Damage Act 2010 and Related Issues”. (c) In regard to contracts with manufacturers of or vendors for supply of systems, equipment, components, or building of structures, or provision of services to nuclear installations which are operating or are under construction or those to be installed in future for which NPCIL is the system designer and technology owner, being responsible for safety design of such installations, NPCIL shall assume the role of supplier in accordance with the explanation of the term “supplier” given in Rule 24 of the CLND Rules, 2011 and in the context of section 17(a) and (b) of the CLND Act, 2010. (d) Other suppliers can avail the Nuclear Suppliers’ Special Contingency (Against Right of Recourse) Insurance Policy provided by the India Nuclear Insurance Pool to cover any liability...
Indemnity. 1. The successful bidder shall, at its own expense, indemnify, defend and hold harmless BANK and its officers, directors, employees, representatives, agents respective directors, and assigns from and against any and all losses and liability (including but not limited to liabilities, judgments, damages, losses, claims, costs and expenses, including attorney’s fees and expenses) that may be occurring due to, arising from or relating to: a) a breach, non-performance or inadequate performance by the successful bidder of any of the terms, conditions, covenants, representations, undertakings, obligations or warranties under this Agreement; or b) the acts, errors, representations, misrepresentations, willful misconduct or negligence of the successful bidder , its employees in performance of its obligations under this Agreement; or c) any deficiency in the services of the successful bidder or d) Violation of any applicable laws by the successful bidder, its agents, employees, representatives etc. 2. In the event of successful bidder not fulfilling its obligations under this clause within the period specified in the notice issued by the Bank. Bank has the right to recover the amounts due to it under this provision from any amount payable to the vendor under this project. 3. The indemnities under this clause are in addition to and without prejudice to the indemnities given elsewhere in this agreement. 29.
Indemnity. 1. The successful bidder shall, at its own expense, indemnify, defend and hold harmless BANK and its officers, directors, employees, representatives, agents respective directors, and assigns from and against any and all losses and liability (including but not limited to liabilities, judgments, damages, losses, claims, costs and expenses, including attorney’s fees and expenses) that may be occurring due to, arising from or relating to: a) a breach, non-performance or inadequate performance by the successful bidder of any of the terms, conditions, covenants, representations, undertakings, obligations or warranties under this Agreement; or b) the acts, errors, representations, misrepresentations, willful misconduct or negligence of the successful bidder , its employees in performance of its obligations under this Agreement; or c) any deficiency in the services of the successful bidder or d) Violation of any applicable laws by the successful bidder, its agents, employees, representatives etc. 2. In the event of successful bidder not fulfilling its obligations under this clause within the period specified in the notice issued by the Bank. Bank has the right to recover the amounts due to it under this provision from any amount payable to the vendor under this project. 3. The indemnities under this clause are in addition to and without prejudice to the indemnities given elsewhere in this agreement. 29.