This form provides boilerplate contract clauses that define the exclusivity or nonexclusivity of indemnity as a remedy under the terms of the contract agreement. Different language options for exclusivity and nonexclusivity are included.
Rhode Island Indemnity Provisions - Exclusivity of Indemnity as a Remedy
Category:
State:
Multi-State
Control #:
US-ND1012
Format:
Word;
PDF
Instant download
Description
How to fill out Indemnity Provisions - Exclusivity Of Indemnity As A Remedy?
US Legal Forms - one of the most significant libraries of authorized forms in America - offers a wide range of authorized papers themes you are able to acquire or print out. Using the website, you will get a huge number of forms for organization and specific functions, sorted by groups, claims, or search phrases.You can find the most recent variations of forms such as the Rhode Island Indemnity Provisions - Exclusivity of Indemnity as a Remedy within minutes.
If you have a monthly subscription, log in and acquire Rhode Island Indemnity Provisions - Exclusivity of Indemnity as a Remedy in the US Legal Forms collection. The Obtain key can look on each and every kind you look at. You gain access to all earlier saved forms from the My Forms tab of your own profile.
If you would like use US Legal Forms initially, listed here are simple instructions to obtain started:
- Be sure to have chosen the proper kind for your personal metropolis/county. Select the Review key to examine the form`s information. Look at the kind information to actually have chosen the proper kind.
- When the kind does not match your needs, use the Search field at the top of the screen to find the one which does.
- Should you be happy with the shape, affirm your option by clicking on the Get now key. Then, select the prices program you prefer and give your credentials to sign up for the profile.
- Method the transaction. Use your charge card or PayPal profile to complete the transaction.
- Select the file format and acquire the shape on your device.
- Make alterations. Fill up, change and print out and indicator the saved Rhode Island Indemnity Provisions - Exclusivity of Indemnity as a Remedy.
Every format you included with your account lacks an expiry time and is also your own property forever. So, if you wish to acquire or print out another backup, just go to the My Forms segment and click on about the kind you want.
Gain access to the Rhode Island Indemnity Provisions - Exclusivity of Indemnity as a Remedy with US Legal Forms, one of the most comprehensive collection of authorized papers themes. Use a huge number of professional and status-distinct themes that satisfy your organization or specific needs and needs.
Form popularity
FAQ
It's an additional promise which applies over and above an ordinary claim for damages for breach of contract. They recompense the indemnified person for any loss or liability which one person incurs against specified events within the terms of the indemnity.
As the name suggests, an EOR provision means that the right to indemnification provided under the M&A agreement is the parties' exclusive remedy for any breach of the representations, warranties, covenants, agreements, and obligations in the M&A agreement.
An action for indemnification is a legal proceeding in which one party seeks to recover compensation or reimbursement from another party for losses or damages the first party has suffered.
Equitable indemnity principles govern the allocation of loss or damages among multiple tortfeasors whose liability for the underlying injury is joint and several. Equitable indemnity is designed to apportion liability among joint tortfeasors in direct proportion to their respective fault.
A typical example is an insurance company wherein the insurer or indemnitor agrees to compensate the insured or indemnitee for any damages or losses he/she may incur during a period of time.
Essentially, exclusive remedy provisions restrict a party's available remedies for specified claims to the remedies set out in the contract and exclude the party from seeking other types of remedies for that action.
Example: Third Party Indemnity Clause The service provider shall indemnify the customer against all actions, claims, losses and expenses in respect of loss or damage to third party property arising from the services supplied by the service provider.
