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Hold Harmless Indemnity Agreement

Hold Harmless Indemnity Agreement Generator for United Arab Emirates

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Key Requirements PROMPT example:

Hold Harmless Indemnity Agreement

"I need a Hold Harmless Indemnity Agreement for my construction company as the Indemnified Party, protecting us against potential claims arising from subcontractor work on our upcoming Dubai commercial tower project starting March 2025."

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Document background
The Hold Harmless Indemnity Agreement is a crucial legal instrument in the United Arab Emirates business environment, designed to protect parties from potential losses, damages, or legal claims arising from specific business activities or relationships. This document is commonly used in commercial transactions, construction projects, service agreements, and various business arrangements where risk allocation needs to be clearly defined and documented. The agreement must comply with UAE Civil Code requirements and consider local commercial practices, making it essential for businesses operating in the UAE market. It typically includes detailed provisions about indemnification scope, claim procedures, liability limitations, and dispute resolution mechanisms, all structured within the framework of UAE law and legal principles.
Suggested Sections

1. Parties: Identification of the Indemnitor (party providing indemnification) and Indemnitee (party being indemnified), including full legal names and addresses

2. Background: Context of the agreement, relationship between parties, and purpose of the indemnification

3. Definitions: Clear definitions of key terms used throughout the agreement, including 'Indemnified Events', 'Losses', and 'Claims'

4. Scope of Indemnification: Detailed description of what events, actions, or circumstances are covered by the indemnity

5. Indemnification Obligations: Specific obligations of the Indemnitor, including financial responsibilities and duty to defend

6. Limitations of Liability: Any caps, exclusions, or limitations on the indemnification obligations

7. Notice Requirements: Procedures and timeframes for notifying the Indemnitor of claims

8. Defense and Settlement: Procedures for defending against claims and requirements for settlement approval

9. Duration: Term of the agreement and survival provisions

10. Governing Law and Jurisdiction: Specification of UAE law as governing law and designation of competent courts

Optional Sections

1. Insurance Requirements: Required when specific insurance coverage needs to be maintained by either party

2. Subrogation Rights: Include when dealing with insurance-related matters or when subrogation rights need to be addressed

3. Cross-Indemnification: Used when both parties are providing reciprocal indemnities

4. Confidentiality: Include when the indemnification relates to confidential information or trade secrets

5. Force Majeure: Include when certain events should be excluded from indemnification obligations

6. Assignment: Include when transfer of rights or obligations needs to be addressed

7. Severability: Include when there's risk that certain provisions might be found invalid

Suggested Schedules

1. Schedule A - Scope of Indemnified Activities: Detailed list of activities, events, or circumstances covered by the indemnification

2. Schedule B - Excluded Events: Specific exclusions from the indemnification coverage

3. Schedule C - Insurance Requirements: Detailed insurance requirements including types of coverage and minimum amounts

4. Schedule D - Notice Requirements and Procedures: Detailed procedures for claim notification and handling

5. Appendix 1 - Form of Claim Notice: Template for properly notifying the Indemnitor of a claim

6. Appendix 2 - Required Documentation: List of documents required for making or supporting an indemnification claim

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant Industries

Construction

Real Estate

Healthcare

Events and Entertainment

Manufacturing

Transportation and Logistics

Professional Services

Energy and Utilities

Technology

Education

Retail

Hospitality

Sports and Recreation

Financial Services

Industrial Operations

Relevant Teams

Legal

Risk Management

Compliance

Operations

Procurement

Finance

Commercial

Business Development

Health and Safety

Facilities Management

Project Management

Corporate Affairs

Contract Administration

Relevant Roles

Legal Counsel

Risk Manager

Compliance Officer

Contract Manager

Project Manager

Operations Director

Facility Manager

Commercial Director

Business Development Manager

Chief Financial Officer

Chief Legal Officer

Chief Operations Officer

Procurement Manager

Safety Officer

General Manager

Industries
UAE Civil Code (Federal Law No. 5 of 1985): Primary legislation governing contracts, obligations, and civil transactions in the UAE. Contains provisions about contractual liability, indemnification, and general principles of contract formation.
UAE Commercial Transactions Law (Federal Law No. 18 of 1993): Governs commercial transactions and business relationships, including provisions about commercial obligations and liabilities between business entities.
UAE Companies Law (Federal Law No. 2 of 2015): Relevant for corporate entities entering into indemnity agreements, including provisions about corporate authority to enter into such agreements.
UAE Commercial Agency Law (Federal Law No. 18 of 1981): May be relevant if the indemnity agreement involves commercial agency relationships or distribution agreements.
Federal Law No. 24 of 2006 on Consumer Protection: Relevant if the indemnity agreement involves consumer relationships, as it may affect the validity of certain indemnity provisions.
UAE Electronic Transactions and Commerce Law (Federal Law No. 1 of 2006): Important if the agreement will be executed electronically or involves electronic commerce aspects.
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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