New Mexico Form of Indemnification Agreement by Southwest Gas

State:
Multi-State
Control #:
US-CC-17-118G
Format:
Word; 
Rich Text
Instant download

Description

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.

The New Mexico Form of Indemnification Agreement by Southwest Gas is a legal document that outlines the terms and conditions for indemnification provided by Southwest Gas to its employees, directors, officers, and agents. This agreement is specifically designed to protect these individuals from any liabilities, expenses, damages, or losses incurred while carrying out their responsibilities on behalf of the company. Keywords: New Mexico, Form of Indemnification Agreement, Southwest Gas, indemnification, liabilities, expenses, damages, losses, employees, directors, officers, agents. There are various types of New Mexico Form of Indemnification Agreements offered by Southwest Gas, tailored to meet specific needs and circumstances. Some of these variations may include: 1. New Mexico Form of Indemnification Agreement for Employees: This agreement is specifically designed to protect employees of Southwest Gas from any legal liabilities or expenses that may arise during the scope of their employment. 2. New Mexico Form of Indemnification Agreement for Directors and Officers: This type of agreement is crafted to safeguard directors and officers of Southwest Gas from potential legal actions or losses incurred while carrying out their fiduciary duties and responsibilities. 3. New Mexico Form of Indemnification Agreement for Agents: This agreement is intended to provide indemnification to agents who act on behalf of Southwest Gas in various capacities, ensuring they are protected from any legal repercussions or financial harm. By implementing these different types of indemnification agreements, Southwest Gas aims to provide comprehensive protection to its employees, directors, officers, and agents, promoting their confidence and security while conducting business on behalf of the company in the state of New Mexico.

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  • Preview Form of Indemnification Agreement by Southwest Gas
  • Preview Form of Indemnification Agreement by Southwest Gas
  • Preview Form of Indemnification Agreement by Southwest Gas

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FAQ

Indemnity Agreement: Although similar to a hold harmless agreement, an indemnity agreement is an arrangement whereby one party agrees to pay the other party for any damages regardless of who is at fault.

In order to have an indemnity agreement the two parties above must have some form of contract between them that lays out a product or service to be exchanged. Liability . The contract should otherwise create some implied liability from the indemnitee to the indemnifier and to third parties. Damages, loss, or burden .

An Indemnity Agreement is where one person agrees to protect another from liability. For example, a landowner may wish to be indemnified (protected) against any harm that may result from the use of his land for a charity event.

Indemnity is a comprehensive form of insurance compensation for damage or loss. It amounts to a contractual agreement between two parties in which one party agrees to pay for potential losses or damage caused by another party.

Such letters are traditionally drafted by third-party institutions like banks or insurance companies, which agree to pay financial restitution to one of the parties, should the other party fail to live up to its obligations.

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.

Indemnity Agreement: Although similar to a hold harmless agreement, an indemnity agreement is an arrangement whereby one party agrees to pay the other party for any damages regardless of who is at fault.

This Agreement may be canceled by the Landlord or SWG at any time with a 30-day written notification to the other party. The Landlord will remain liable for all costs incurred in the provision of service(s) until proper notice is received by SWG.

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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 ...Feb 25, 2020 — The answer may come in the form of a mandatory venue provision. Summary. The New Mexico Oilfield Anti-Indemnity Act (NMOAIA) voids indemnity ... May 1, 2019 — APPLICATION. 1. Introduction. Southwest Gas Corporation (Southwest Gas or Company) hereby submits to the Arizona. This Agreement hereby authorizes Southwest Gas Corporation (hereinafter referred to as 'SWG') to bill for gas services in accordance with the terms and ... 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 ... Apr 21, 2017 — approved application form on file with the Utility for each tenant eligible for the LIRA ... service address to execute a new line extension ... SOUTHWEST GAS CORPORATION MEETS THE CONDITIONS SET FORTH IN GENERAL INSTRUCTION (I)(1)(a) and (b) OF FORM 10-K AND IS THEREFORE FILING THIS REPORT WITH THE ... Indemnity is compensation given to make another whole from a loss already sustained. It generally contemplates reimbursement by one person or entity of the. § 56-7-1. New Mexico is one of four states that has enacted an anti- indemnity statute that specifically deals with the oilfield services industry (the others ...

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New Mexico Form of Indemnification Agreement by Southwest Gas