Covenant to indemnify section 55
Webexhaus(tflveo coîJjld be vmere (tithe coven A by for by Estate Trustee for A the (tažstes bag for The is Of a t. Titica Ill) of Y V) as if it that of WebADDITIONAL INDEMNIFICATION, HOLD HARMLESS AND EXONERATION RIGHTS Notwithstanding any limitation in Sections 3, 4, or 5 and except for Section 27, the Company shall, to the fullest extent permitted by applicable law, indemnify, hold harmless and exonerate Indemnitee if Indemnitee is a party to or threatened to be made a party to …
Covenant to indemnify section 55
Did you know?
WebCOVENANT NOT TO SUE; INDEMNIFICATION. Employee agrees not to enter into any suit, actxxx or other proceeding at law or in equity ( including administrative actions ), or … WebMutual indemnity clause samples. 8.1 Mutual Indemnity. Each Party (the“Indemnifying Party”) hereby agrees to indemnify, hold harmless and defend the other Party, its …
WebPhrase the clause as a covenant to pay a sum of money, and not an indemnity against loss. This should increase the chance it will be interpreted as a debt, rather than a … WebOct 31, 2011 · lot 9, in the southeast 1/4 of section 4, township 30 south, range 16 east, according to the plat of pinellas groves, inc., recorded in plat book 1, page 55, public records of pinellas county, florida, less the west 150 feet thereof and also less that part lying within 120 feet of the survey line of state road s-688, section 15120, as described ...
Web§55-8-14. Agreements to indemnify against sole negligence of the indemnitee, his agents or employees against public policy; no action maintainable thereon; exceptions. ... A covenant, promise, agreement or understanding in or in connection with or collateral to a contract or agreement entered into on or after the effective date of this section ... Web55-59. How deed of trust construed; duties, rights, etc., of parties. Every deed of trust to secure debts or indemnify sureties is in the nature ofa contract and shall be construed …
WebApr 13, 2024 · Indemnification provisions are contractual tools that allow buyers and sellers to agree in advance as to who will bear the liability associated with certain specified risks (such as pre-closing liabilities, breaches of contract, tax issues, etc.). So, what is indemnification exactly?
WebEven though O.C.G.A. § 13-4-81 provides that a covenant not to sue is "equivalent" to a release, the legal effect of a covenant not to sue is distinguished from the legal effect of a release. World Bazaar Franchise Corp. v. CCC Assocs. Co., 167 Bankr. 985 (Bankr. medicine creek treaty 1854WebApr 4, 2024 · An indemnity is a primary obligation and is an agreement by one party to bear the cost of certain losses or liabilities suffered by another party in certain circumstances. Transfers of land often contain a covenant by the buyer to indemnify the seller against any losses suffered as a result of a breach of covenant by the buyer. medicine creek recreation area nebraskaWebThe grantor shall be deemed to covenant that he will pay all taxes,levies, assessments and charges upon the property, including the fees andcharges of such agents or attorneys as the trustee may deem advisable toemploy at any time for the purpose of the trust, so long as any obligationupon the grantor under the deed of trust remains undischarged. nacs insurancemedicine creek reservoir neWebDec 18, 2013 · (1) A bond or a covenant to indemnify the assurance fund that is required by subsection 7 (1) of Regulation 690 of the Revised Regulations of Ontario, 1990 ( … medicine creek rv park fort sill okWebSep 21, 2009 · Upon the Company’s exercise under Section 4.01 hereof of the option applicable to this Section 4.03, the Company shall, subject to the satisfaction of the conditions set forth in Section 4.04 hereof, be released from its obligations under the covenants (each, a “Defeased Covenant,” and collectively, the “Defeased Covenants”) … medicine creek treaty national memorialWebLeases: Guarantee and indemnity. This practice note looks at the issues that need to be considered when drafting a clause in a commercial lease in which a guarantor covenants to guarantee and indemnify the landlord for losses suffered as a result of the tenant's breach of covenant, acts or omissions. It also considers the impact on the ... medicine crossword dan word