The Arizona Surface Use Agreement (Contains Provisions Relative to Indemnity) is a legally binding contract that regulates the use of land in the state of Arizona. This agreement includes specific provisions related to indemnity, which is the responsibility to compensate for any loss or damage that may occur during the use of the land. The Arizona Surface Use Agreement is commonly used in various industries, such as mining, oil and gas exploration, and construction. It aims to establish clear guidelines, rights, and obligations for both the landowner and the user, ensuring the proper use of the land while protecting the interests of all parties involved. There are different types of Arizona Surface Use Agreements, each tailored to specific industries and activities. Some common types include: 1. Mining Surface Use Agreement: This type of agreement is used when the land will be utilized for mining purposes. It outlines the conditions under which mining operations can be conducted, including requirements for environmental protection, land restoration, and payment of royalties or fees to the landowner. 2. Oil and Gas Surface Use Agreement: When the intention is to explore or extract oil and gas resources from the land, an oil and gas surface use agreement is employed. It addresses specific provisions related to drilling operations, equipment placement, and safety measures to minimize environmental impact. 3. Construction Surface Use Agreement: If the land will be used for construction activities, such as building infrastructure or commercial structures, a construction surface use agreement is required. It includes provisions related to access, temporary use of the land, and assurances for restoring the land to its original condition once the construction is complete. Regardless of the specific type, all Arizona Surface Use Agreements containing provisions relative to indemnity will include clauses that outline the responsibilities of the parties involved in case of damage, loss, or injury caused during the use of the land. These provisions often include requirements for insurance coverage, indemnification process, liability limits, and dispute resolution procedures. It is important for all parties involved to review and understand the Arizona Surface Use Agreement (Contains Provisions Relative to Indemnity) thoroughly before signing, as it serves as a crucial legal document that protects the rights and interests of all parties involved in the land use.
Arizona Surface Use Agreement (Contains Provisions Relative to Indemnity)
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An indemnification clause should clearly define the following elements: who are the indemnifying party and the indemnified party, what are the covered claims or losses, what are the obligations and duties of each party, and what are the exclusions or limitations of the indemnity. How to Draft an Indemnification Clause - LinkedIn linkedin.com ? advice ? what-key-elements-... linkedin.com ? advice ? what-key-elements-...
Example 1: A service provider asking their customer to indemnify them to protect against misuse of their work product. Example 2: A rental car company, as the rightful owner of the car, having their customer indemnify them from any damage caused by the customer during the course of the retnal. Indemnification Clause: Meaning & Samples (2022) - Contracts Counsel contractscounsel.com ? indemnification-clause contractscounsel.com ? indemnification-clause
The Company shall indemnify and hold Employee harmless to the fullest extent permitted by the laws of the Company's state of incorporation in effect at the time against and in respect of any and all actions, suits, proceedings, claims, demands, judgments, costs, expenses (including advancement of reasonable attorney's ...
An indemnification clause is a legally binding agreement between two parties specifying that one party (the indemnifying party) will compensate the other party (the indemnified party) for any losses or damages that may arise from a particular event or circumstance.
For example, A promises to deliver certain goods to B for Rs. 2,000 every month. C comes in and promises to indemnify B's losses if A fails to so deliver the goods. This is how B and C will enter into contractual obligations of indemnity.
Sample Intermediate Indemnification ?Consultant agrees to hold harmless and indemnify Client from any and all liability, arising out of Consultant's negligence, whether it be sole or in concert with others, in connection with performance of the services described herein.? Indemnification Clauses in Professional Services Agreements rlicorp.com ? sites ? default ? files ? pdf ? psg rlicorp.com ? sites ? default ? files ? pdf ? psg
How to Write an Indemnity Agreement Consider the Indemnity Laws in Your Area. ... Draft the Indemnification Clause. ... Outline the Indemnification Period and Scope of Coverage. ... State the Indemnification Exceptions. ... Specify How the Indemnitee Notifies the Indemnitor About Claims. ... Write the Settlement and Consent Clause. How to Write an Indemnity Agreement (Step-by-Step Guide) - OnBoard onboardmeetings.com ? blog ? indemnity-a... onboardmeetings.com ? blog ? indemnity-a...
Service Provider shall indemnify, defend and hold Recipient, Recipient's Affiliates and their respective Representatives harmless from and against any and all Losses resulting from any Claims to the extent such Losses are caused by Service Provider's violation of Law, fraud, willful misconduct or gross negligence in ...