Bronx New York Indemnity Agreement of Telocity, Inc.

Name: Bronx New York Indemnity Agreement of Telocity, Inc.
Brand: US Legal Forms
Rating: 4.7 (281 reviews)

Category:

Corporations - Public - Indemnification

State:

Multi-State

County:

Bronx

Control #:

US-EG-9102

Format:

Instant download

Description

Indemnity Agreement between Telocity Inc. and ___________ dated 00/99 . 9 pages

How to fill out Bronx New York Indemnity Agreement Of Telocity, Inc.?

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FAQ

There are two parties in an indemnity contract, including the indemnitee and indemnifier. The indemnitee is the party that is seeking protection, whereas the indemnifier is the one promising to hold harmless.

Most states hold that indemnity provisions are enforceable as written. These clauses will likely be construed in accordance with the rules of construction that apply to contracts generally. However, the freedom to contract will be limited by Courts who will disallow contracts in contravention of public policy.

An indemnity in a contract is a promise by one party to compensate the other party for loss or damage suffered by the other party during contract performance. An indemnity is also known as a 'hold harmless' clause as one party agrees to hold the other party harmless.

India Code: Section Details. A contract by which one party promises to save the other from loss caused to him by the conduct of the promisor himself, or by the conduct of any other person, is called a contract of indemnity.

Indemnity is a comprehensive form of insurance compensation for damages or loss. In this type of arrangement, one party agrees to pay for potential losses or damages caused by another party.

The main difference between indemnification and insurance is that the former represents the process of transferring loss responsibility within a contractual relationship, and can exist independent of a policy, while the latter represents the actual contract backed by an insurance company.

Definition of indemnity 1a : security against hurt, loss, or damage. b : exemption from incurred penalties or liabilities.

These contracts often include an indemnity agreement, also known as a hold harmless clause, as a means to transfer the risk of future losses or damages from one party to another.

Similarly, your indemnification obligations may not expire at the end of the contract term, even if your client terminates the agreement. You may also be required to continue to purchase certain insurance coverages especially design liability insurance even though the contract has otherwise been closed-out.

Indemnity is a comprehensive form of insurance compensation for damages or loss. In this type of arrangement, one party agrees to pay for potential losses or damages caused by another party.

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New York State Civil Rights Law New York City Rent Law Pursuant to the NYC Code Of Conduct and Civil Grievance Law RENT AGREEMENT BETWEEN WESTMINSTER BAPTIST CHURCH AND RENTERS BY THE CEDAR CITY CHURCH OF LABOR RELATIONS AND THE NEW YORK CITY CATHOLIC CHURCH; PROVIDED, HOWEVER, THAT, IF VESTED JURY CONSIDERING VESTED INDIVIDUAL AND COMPANION AS SUBJECT TO THE JURY'S DUTY TO IMPOSE PUNITIVE DAMAGES, THE COURT MAY REVOKE THE ORDER FOR THE PURPOSE OF ESTABLISHING A DAMAGES CLASS AND SETTLE SUCH INDIVIDUAL OR COMPANION AS SUBJECT TO JURY'S DUTY IN ACCORDANCE WITH ARTICLE V OF THIS AGREEMENT. This document is intended to cover all matters pertaining to the subject herein and shall constitute the entire agreement between the parties as to the subject. Any and all interpretations or amendments by Westminster have no effect.

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Bronx New York Indemnity Agreement of Telocity, Inc.

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How to fill out Bronx New York Indemnity Agreement Of Telocity, Inc.?

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FAQ

What are the two purposes of indemnity?

Are indemnity clauses enforceable?

Is an indemnity a legal document?

What is covered under the contract of indemnity?

Is indemnity means for some future loss?

Is there any difference between insurance contracts and indemnity contracts?

What does indemnity mean in simple terms?

What is an indemnity agreement in insurance?

Do indemnity agreements expire?

What is the purpose of an indemnity agreement?

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