Indemnification Agr. among Financial Security Assurance, ABFS 1999-4, American Bus. Credit, et al. Dated Dec. 1, 1999. 13 pages
Houston, Texas Indemnification Agreement among Financial Security Assurance (FSA), ABCs, and American Business Credit is a legally binding contract that outlines the terms and conditions of indemnification and liability protection between the parties involved. This agreement aims to safeguard the interests and minimize financial risks associated with their business transactions in Houston, Texas. Financial Security Assurance (FSA), ABCs, and American Business Credit enter into this Indemnification Agreement to establish a framework that provides each party with protection against potential losses, damages, claims, and liabilities arising from their operations, contractual obligations, or any other connected events in Houston, Texas. The Houston, Texas Indemnification Agreement encompasses various types, including: 1. General Indemnification Agreement: This type of agreement sets out the general obligations and responsibilities of FSA, ABCs, and American Business Credit to indemnify each other from any legal claims, costs, or damages arising due to their activities in Houston, Texas. 2. Product Liability Indemnification Agreement: If FSA, ABCs, or American Business Credit deals with the production or distribution of goods or services in Houston, Texas, this specific indemnification agreement is essential. It protects them from potential product liability claims that may arise from defects or damages caused by their products. 3. Professional Indemnification Agreement: In case FSA, ABCs, or American Business Credit provide professional services in Houston, Texas, this agreement safeguards the parties involved from claims and liabilities associated with errors, omissions, negligence, or malpractice during the provision of their services. 4. Contractual Indemnification Agreement: This type of indemnification agreement is specifically tailored for any contractual relationship or joint venture between FSA, ABCs, and American Business Credit. It outlines the indemnification obligations of each party concerning the terms of the contract and any disputes that may arise in Houston, Texas. In summary, the Houston, Texas Indemnification Agreement provides a comprehensive legal framework for Financial Security Assurance (FSA), ABCs, and American Business Credit to mitigate potential risks associated with their business activities. By establishing clear indemnification obligations, the agreement ensures that all parties are protected from financial losses, damages, and liabilities that may occur during their operations in Houston, Texas.
Houston, Texas Indemnification Agreement among Financial Security Assurance (FSA), ABCs, and American Business Credit is a legally binding contract that outlines the terms and conditions of indemnification and liability protection between the parties involved. This agreement aims to safeguard the interests and minimize financial risks associated with their business transactions in Houston, Texas. Financial Security Assurance (FSA), ABCs, and American Business Credit enter into this Indemnification Agreement to establish a framework that provides each party with protection against potential losses, damages, claims, and liabilities arising from their operations, contractual obligations, or any other connected events in Houston, Texas. The Houston, Texas Indemnification Agreement encompasses various types, including: 1. General Indemnification Agreement: This type of agreement sets out the general obligations and responsibilities of FSA, ABCs, and American Business Credit to indemnify each other from any legal claims, costs, or damages arising due to their activities in Houston, Texas. 2. Product Liability Indemnification Agreement: If FSA, ABCs, or American Business Credit deals with the production or distribution of goods or services in Houston, Texas, this specific indemnification agreement is essential. It protects them from potential product liability claims that may arise from defects or damages caused by their products. 3. Professional Indemnification Agreement: In case FSA, ABCs, or American Business Credit provide professional services in Houston, Texas, this agreement safeguards the parties involved from claims and liabilities associated with errors, omissions, negligence, or malpractice during the provision of their services. 4. Contractual Indemnification Agreement: This type of indemnification agreement is specifically tailored for any contractual relationship or joint venture between FSA, ABCs, and American Business Credit. It outlines the indemnification obligations of each party concerning the terms of the contract and any disputes that may arise in Houston, Texas. In summary, the Houston, Texas Indemnification Agreement provides a comprehensive legal framework for Financial Security Assurance (FSA), ABCs, and American Business Credit to mitigate potential risks associated with their business activities. By establishing clear indemnification obligations, the agreement ensures that all parties are protected from financial losses, damages, and liabilities that may occur during their operations in Houston, Texas.