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Indemnity Form
"I need an Indemnity Form for my construction company based in Ontario, where we'll be the indemnified party, protecting us against potential claims arising from subcontractors working on our upcoming commercial building project starting March 2025."
1. Parties: Identifies and defines all parties to the agreement, including the Indemnitor (party providing indemnification) and Indemnitee (party being indemnified)
2. Background: Explains the context and purpose of the indemnification agreement, including the relationship between the parties
3. Definitions: Defines key terms used throughout the agreement, including 'Loss', 'Claims', 'Indemnified Events', and other relevant terminology
4. Scope of Indemnification: Details the specific circumstances, events, and losses covered by the indemnification
5. Indemnification Process: Outlines the procedure for making claims, including notice requirements and timing
6. Limitations of Liability: Specifies any caps, exclusions, or limitations on the indemnification obligations
7. Duration: Establishes the term of the indemnification agreement and any survival provisions
8. Governing Law: Specifies that Canadian law governs the agreement and identifies the applicable province/territory
9. Execution: Signature blocks and execution requirements for all parties
1. Insurance Requirements: Required when the indemnitor must maintain specific insurance coverage to support the indemnification
2. Third Party Claims: Include when the agreement needs to address how claims from third parties will be handled
3. Subrogation Rights: Include when addressing the right of the indemnitor to pursue claims against third parties
4. Security Provisions: Include when additional security or collateral is required to secure the indemnification obligations
5. Cross-Indemnification: Include when both parties are providing mutual indemnification
6. Dispute Resolution: Include when specific dispute resolution procedures (mediation, arbitration) are desired
7. Force Majeure: Include when certain events should excuse or modify indemnification obligations
1. Schedule A - Specific Indemnified Events: Detailed list of events, activities, or circumstances covered by the indemnification
2. Schedule B - Claim Procedures: Detailed procedures for making and processing indemnification claims
3. Schedule C - Insurance Requirements: Specific insurance types, coverage amounts, and provider requirements
4. Appendix 1 - Notice Requirements: Contact information and specific procedures for providing notices under the agreement
5. Appendix 2 - Claim Form Template: Standard form for submitting indemnification claims
Authors
Indemnitor
Indemnitee
Claims
Losses
Damages
Liabilities
Indemnified Events
Effective Date
Term
Force Majeure
Confidential Information
Business Day
Applicable Law
Notice
Related Parties
Third Party
Affiliate
Representatives
Direct Damages
Consequential Damages
Material Breach
Claim Notice
Defense Costs
Settlement
Jurisdiction
Governing Law
Reasonable Efforts
Termination Date
Insurance Coverage
Scope of Indemnity
Notice Requirements
Claims Procedure
Defense and Settlement
Insurance Requirements
Liability Limitations
Duration and Survival
Force Majeure
Governing Law
Dispute Resolution
Confidentiality
Assignment
Severability
Entire Agreement
Amendment
Waiver
Notices
Counterparts
Third Party Rights
Representations and Warranties
Compliance with Laws
Termination
Release
Subrogation
Construction
Manufacturing
Professional Services
Healthcare
Real Estate
Technology
Financial Services
Transportation
Energy
Education
Sports and Recreation
Events and Entertainment
Retail
Insurance
Legal
Risk Management
Compliance
Operations
Finance
Insurance
Corporate Governance
Procurement
Human Resources
Facilities Management
Safety and Security
Business Development
Administrative Services
Legal Counsel
Risk Manager
Compliance Officer
Contract Administrator
Project Manager
Business Development Manager
Operations Director
Chief Financial Officer
Insurance Manager
Corporate Secretary
Chief Executive Officer
Procurement Manager
Human Resources Director
Facilities Manager
Safety Coordinator
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