The Restoration of Surface and indemnity by Assignee form, is used for the assignee to agree to restore the surface of the land included within the assigned assets as nearly as possible to its prelease condition when the use and operation on that part of the land is completed.
Puerto Rico Restoration of Surface and indemnity by Assignee
Category:
State:
Multi-State
Control #:
US-OG-485
Format:
Word;
Rich Text
Instant download
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How to fill out Restoration Of Surface And Indemnity By Assignee?
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No Indemnified Party shall be entitled to indemnification for any Losses unless such Indemnified Party has sustained Losses which, in the aggregate, exceed $50,000, and then for all Losses as provided above. Limitation of Indemnification Sample Clauses - Law Insider lawinsider.com ? clause ? limitation-of-inde... lawinsider.com ? clause ? limitation-of-inde...
For example, an indemnification provision may exclude indemnification for claims or losses that result from the indemnified party's: Negligence or gross negligence. Improper use of the products. Bad faith failure to comply with its obligations in the agreement.
Assignee shall indemnify and hold Assignor harmless from and against any and all demands, claims, actions, losses, damages, liabilities, litigation and costs and expenses thereof including, without limitation reasonable attorneys' fees and disbursements of any kind and nature whatsoever (collectively, ?Assignor Claims? ...
In most contracts, an indemnification clause serves to compensate a party for harm or loss arising in connection with the other party's actions or failure to act. The intent is to shift liability away from one party, and on to the indemnifying party. Understanding Basic Contracts: The Indemnification Clause - Vela Wood velawood.com ? understanding-basic-contracts-th... velawood.com ? understanding-basic-contracts-th...
Company has no responsibility for claims based on non-Company products and services, items not provided by Company, or any violation of law or third-party rights caused by Client materials, designs, or specifications or Client content. Indemnity Exclusions Sample Clauses - Law Insider Law Insider ? clause ? indemnity-excl... Law Insider ? clause ? indemnity-excl...
This kind of exclusion limits your liability in certain circumstances. For example, suppose you are supplying goods to customers. In that case, you can limit your liability if there is a delay in providing the goods to the customer, where circumstances beyond your reasonable control cause the delay. What is an Exclusion Clause? - LegalVision legalvision.com.au ? what-exclusion-clause legalvision.com.au ? what-exclusion-clause
