Document background
A Mutual Indemnification And Hold Harmless Agreement is typically used when two parties engage in business activities that carry mutual risks and require reciprocal protection. This agreement, governed by English and Welsh law, is particularly valuable in situations where both parties need to safeguard against potential claims, losses, or damages arising from their business relationship. It sets out clear procedures for making claims, defines the scope of protection, and ensures compliance with UK regulatory requirements, including the Unfair Contract Terms Act 1977 and the Contracts (Rights of Third Parties) Act 1999.
