North Dakota Form of Indemnification Agreement by Southwest Gas

State:
Multi-State
Control #:
US-CC-17-118G
Format:
Word; 
Rich Text
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This sample form, a detailed Form of Indemnification Agreement, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
North Dakota Form of Indemnification Agreement by Southwest Gas is a legal document that outlines the terms and conditions under which Southwest Gas agrees to indemnify and hold harmless certain individuals or entities from any claims, damages, or liabilities. This agreement is specific to the state of North Dakota and is utilized by Southwest Gas, a reputable gas company operating in the state. The North Dakota Form of Indemnification Agreement is designed to protect individuals or entities that may face potential legal actions or financial losses arising from their association with Southwest Gas. This agreement provides a mechanism for Southwest Gas to assume responsibility for any legal costs, settlements, or damages incurred by the indemnified party, thereby shielding them from the financial burden of such claims. The agreement typically includes detailed provisions regarding the scope of indemnification, outlining the specific circumstances and conditions under which Southwest Gas will assume liability. It may cover instances such as personal injury claims, property damage, or any legal action resulting from the provision of gas services by Southwest Gas. Additionally, the agreement may outline the process and procedure for making indemnification claims, specifying the required documentation and the timeframe within which claims must be submitted. This ensures a fair and efficient process for both parties involved. It is important to note that while the specific content of the North Dakota Form of Indemnification Agreement may vary based on individual circumstances, the general purpose remains consistent—to safeguard the indemnified party from potential financial losses or legal consequences. Some possible variations or types of North Dakota Form of Indemnification Agreement by Southwest Gas may include: 1. North Dakota Form of Indemnification Agreement for Contractors: This type of agreement could be tailored specifically for contractors engaged by Southwest Gas in North Dakota. It would specifically address the indemnification provisions applicable to contractors and subcontractors working on Southwest Gas projects. 2. North Dakota Form of Indemnification Agreement for Landlords: This agreement could be designed for landlords who have installations or gas-related equipment leased or rented from Southwest Gas. It would ensure that the landlord is indemnified and protected from any legal action arising from the gas services provided to their property. 3. North Dakota Form of Indemnification Agreement for Employees: This type of agreement may be created specifically for employees of Southwest Gas in North Dakota, providing indemnification for any legal claims or actions resulting from their employment duties related to gas services. It is worth noting that the specific types of North Dakota Form of Indemnification Agreement may vary depending on the requirements and specific situations encountered by Southwest Gas in North Dakota. The agreement aims to protect all parties involved while adhering to the state's legal framework and regulations.

North Dakota Form of Indemnification Agreement by Southwest Gas is a legal document that outlines the terms and conditions under which Southwest Gas agrees to indemnify and hold harmless certain individuals or entities from any claims, damages, or liabilities. This agreement is specific to the state of North Dakota and is utilized by Southwest Gas, a reputable gas company operating in the state. The North Dakota Form of Indemnification Agreement is designed to protect individuals or entities that may face potential legal actions or financial losses arising from their association with Southwest Gas. This agreement provides a mechanism for Southwest Gas to assume responsibility for any legal costs, settlements, or damages incurred by the indemnified party, thereby shielding them from the financial burden of such claims. The agreement typically includes detailed provisions regarding the scope of indemnification, outlining the specific circumstances and conditions under which Southwest Gas will assume liability. It may cover instances such as personal injury claims, property damage, or any legal action resulting from the provision of gas services by Southwest Gas. Additionally, the agreement may outline the process and procedure for making indemnification claims, specifying the required documentation and the timeframe within which claims must be submitted. This ensures a fair and efficient process for both parties involved. It is important to note that while the specific content of the North Dakota Form of Indemnification Agreement may vary based on individual circumstances, the general purpose remains consistent—to safeguard the indemnified party from potential financial losses or legal consequences. Some possible variations or types of North Dakota Form of Indemnification Agreement by Southwest Gas may include: 1. North Dakota Form of Indemnification Agreement for Contractors: This type of agreement could be tailored specifically for contractors engaged by Southwest Gas in North Dakota. It would specifically address the indemnification provisions applicable to contractors and subcontractors working on Southwest Gas projects. 2. North Dakota Form of Indemnification Agreement for Landlords: This agreement could be designed for landlords who have installations or gas-related equipment leased or rented from Southwest Gas. It would ensure that the landlord is indemnified and protected from any legal action arising from the gas services provided to their property. 3. North Dakota Form of Indemnification Agreement for Employees: This type of agreement may be created specifically for employees of Southwest Gas in North Dakota, providing indemnification for any legal claims or actions resulting from their employment duties related to gas services. It is worth noting that the specific types of North Dakota Form of Indemnification Agreement may vary depending on the requirements and specific situations encountered by Southwest Gas in North Dakota. The agreement aims to protect all parties involved while adhering to the state's legal framework and regulations.

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FAQ

Most jurisdictions do not require notarization for an Indemnity Agreement to be valid. However, you can reinforce the validity of the parties' signatures if you choose to notarize the document.

The obligation to indemnify requires the indemnifying party to: Reimburse the indemnified party for its paid costs and expenses, referred to as losses. Advance payment to the indemnified party for its unpaid costs and expenses, such as: Liabilities.

The most common example of indemnity in the financial sense is an insurance contract. For instance, in the case of home insurance, homeowners pay insurance to an insurance company in return for the homeowners being indemnified if the worst were to happen.

Indemnification clauses are often used to allocate risk and responsibility between the parties in a contract. For example, if you are a service provider, you may want to indemnify your client from any claims or damages arising from your work. This can help you secure the contract and build trust with your client.

Comment: An indemnification provision in a commercial contract provides a contractual remedy to redress a party's liability or financial loss suffered as a result of a claim, typically by a third party, that results from an action, inaction, or breach by the counterparty.

Letters of indemnity should include the names and addresses of both parties involved, plus the name and affiliation of the third party. Detailed descriptions of the items and intentions are also required, as are the signatures of the parties and the date of the contract's execution.

An indemnity agreement is a contract that protects one party of a transaction from the risks or liabilities created by the other party of the transaction.

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.

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This sample form, a detailed Form of Indemnification Agreement, is a model for use in corporate matters. The language is easily adapted to fit your specific ... (a) General. The Company shall indemnify the Indemnitee (i) as provided in this Agreement and (ii) subject to the provisions of this Agreement, to the full ...May 1, 2019 — APPLICATION. 1. Introduction. Southwest Gas Corporation (Southwest Gas or Company) hereby submits to the Arizona. Will Agency included a request in the negotiation or solicitation process that the potential vendor provide verification from vendor's insurer that insurer ... Add the Form of Indemnification Agreement by Southwest Gas for redacting. Click on the New Document button above, then drag and drop the document to the upload ... Indemnity is compensation given to make another whole from a loss already sustained. It generally contemplates reimbursement by one person or entity of the. Exhibit 10.1. PURCHASE AND SALE AGREEMENT. This Agreement (“Agreement”) is executed on October 3, 2017 (the “Execution Date”) by and between ENERGY ONE LLC, ... Berkley National Insurance Company,. ) ) Plaintiff,. ) ) AMENDED ORDER ON MOTIONS vs. ) FOR SUMMARY JUDGMENT AND. ) CROSS-MOTIONS FOR PARTIAL. There are three forms of indemnity agreements: (1) Limited: Subcontractor assumes only the responsibility for its own negligence – if it is solely at fault. Submit electronically through the ND Oil and Gas Division's Electronic Filing system. Anticipate future transition to electronic submission in NorthSTAR. ...

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North Dakota Form of Indemnification Agreement by Southwest Gas