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.
Description: The Travis Texas Form of Indemnification Agreement by Southwest Gas is a legally binding document that outlines the terms and conditions for indemnification in specific situations. This agreement is designed to protect Southwest Gas and its affiliates from any liability or financial loss arising from various actions, claims, or legal proceedings. Southwest Gas, a prominent gas utility company operating in Texas, has implemented this agreement to safeguard its interests and ensure consistent protection across all their operations. The Travis Texas Form of Indemnification Agreement is carefully crafted to address the unique requirements of doing business in Travis County, Texas, and complies with all applicable laws and regulations in the region. In this agreement, several essential keywords and concepts play a vital role in establishing the scope of indemnification and the responsibilities of the parties involved. These include: 1. Indemnity: Refers to the party, usually an individual or an organization, that assumes financial responsibility for any losses or damages incurred by Southwest Gas due to their actions or omissions. 2. Indemnity: Refers to Southwest Gas and its affiliates, who are being indemnified and protected against losses, claims, liabilities, or expenses under the agreement. 3. Claim: Encompasses any demand, lawsuit, action, or proceeding, including legal fees, arising from acts, omissions, or contractual obligations related to Southwest Gas's business operations. 4. Defense Costs: Cover the reasonable expenses incurred by Southwest Gas in defending claims, such as attorney fees, investigators' charges, court costs, and other related expenses. 5. Intellectual Property: Refers to patents, copyrights, trademarks, trade secrets, and other intellectual property rights held or used by Southwest Gas, which may lead to potential claims if infringement issues arise. It's worth noting that the Travis Texas Form of Indemnification Agreement by Southwest Gas may have variations or specific versions tailored to different situations or entities. These variations could include agreements customized for contractors, suppliers, vendors, or other parties engaged in business relationships with Southwest Gas. Overall, the Travis Texas Form of Indemnification Agreement by Southwest Gas effectively establishes the framework for indemnification, ensuring that Southwest Gas is adequately protected from any unforeseen liabilities and financial burdens that may arise during the course of their operations in Travis County, Texas.
Description: The Travis Texas Form of Indemnification Agreement by Southwest Gas is a legally binding document that outlines the terms and conditions for indemnification in specific situations. This agreement is designed to protect Southwest Gas and its affiliates from any liability or financial loss arising from various actions, claims, or legal proceedings. Southwest Gas, a prominent gas utility company operating in Texas, has implemented this agreement to safeguard its interests and ensure consistent protection across all their operations. The Travis Texas Form of Indemnification Agreement is carefully crafted to address the unique requirements of doing business in Travis County, Texas, and complies with all applicable laws and regulations in the region. In this agreement, several essential keywords and concepts play a vital role in establishing the scope of indemnification and the responsibilities of the parties involved. These include: 1. Indemnity: Refers to the party, usually an individual or an organization, that assumes financial responsibility for any losses or damages incurred by Southwest Gas due to their actions or omissions. 2. Indemnity: Refers to Southwest Gas and its affiliates, who are being indemnified and protected against losses, claims, liabilities, or expenses under the agreement. 3. Claim: Encompasses any demand, lawsuit, action, or proceeding, including legal fees, arising from acts, omissions, or contractual obligations related to Southwest Gas's business operations. 4. Defense Costs: Cover the reasonable expenses incurred by Southwest Gas in defending claims, such as attorney fees, investigators' charges, court costs, and other related expenses. 5. Intellectual Property: Refers to patents, copyrights, trademarks, trade secrets, and other intellectual property rights held or used by Southwest Gas, which may lead to potential claims if infringement issues arise. It's worth noting that the Travis Texas Form of Indemnification Agreement by Southwest Gas may have variations or specific versions tailored to different situations or entities. These variations could include agreements customized for contractors, suppliers, vendors, or other parties engaged in business relationships with Southwest Gas. Overall, the Travis Texas Form of Indemnification Agreement by Southwest Gas effectively establishes the framework for indemnification, ensuring that Southwest Gas is adequately protected from any unforeseen liabilities and financial burdens that may arise during the course of their operations in Travis County, Texas.