A Deed Of Indemnity For Non Administrative Receivers (Appointing Non Administrative Receivers, lpa 1925)
Publisher one
Genie AIJurisdiction
England and WalesCost
Free to useRelevant sectors
Type of legal document
📂 Deed of indemnityBusiness activity
Appoint non-administrative receiversA deed of indemnity is a legal document that provides protection from financial loss for someone who has incurred damages due to the actions of another party. The deed of indemnity covers the individual from any liability arising from the actions of the other party, and also provides compensation for any losses that have been incurred.
A Deed of Indemnity for Non-Administrative Receivers (Appointing Non-Administrative Receivers, LPA 1925) is a legal template specific to UK law that outlines the terms and conditions surrounding the appointment and role of non-administrative receivers.
Non-administrative receivers are typically appointed to enforce lenders' rights in situations where a borrower defaults on their loan agreement or breaches specific terms. The Deed of Indemnity serves as a legal document between the lender and the receiver, establishing the scope of the receiver's powers and responsibilities, as well as providing indemnity to the receiver for any losses or liabilities they may incur during the receivership process.
The template would typically include the parties involved, such as the lender, the borrower, and the receiver, along with their respective contact information. It would outline the reasons for appointing a non-administrative receiver, including the borrower's default or breach of agreement, and the specific powers and duties the receiver has in relation to the borrower's assets or properties.
The Deed of Indemnity also addresses the financial aspect of the receivership, determining the receiver's remuneration, reimbursement of expenses incurred, and the right to be indemnified against any claims or liabilities arising from the receiver's actions taken during the receivership period.
Furthermore, the template would address important legal clauses, including termination provisions, confidentiality requirements, governing law, and dispute resolution mechanisms to manage potential conflicts that may arise during the receivership process.
Overall, a Deed of Indemnity for Non-Administrative Receivers under UK law provides a legal framework that allows lenders to appoint capable and qualified receivers to safeguard their interests and enforce their rights when borrowers default, while simultaneously providing protection and indemnity for the receivers within the bounds of the law.
Non-administrative receivers are typically appointed to enforce lenders' rights in situations where a borrower defaults on their loan agreement or breaches specific terms. The Deed of Indemnity serves as a legal document between the lender and the receiver, establishing the scope of the receiver's powers and responsibilities, as well as providing indemnity to the receiver for any losses or liabilities they may incur during the receivership process.
The template would typically include the parties involved, such as the lender, the borrower, and the receiver, along with their respective contact information. It would outline the reasons for appointing a non-administrative receiver, including the borrower's default or breach of agreement, and the specific powers and duties the receiver has in relation to the borrower's assets or properties.
The Deed of Indemnity also addresses the financial aspect of the receivership, determining the receiver's remuneration, reimbursement of expenses incurred, and the right to be indemnified against any claims or liabilities arising from the receiver's actions taken during the receivership period.
Furthermore, the template would address important legal clauses, including termination provisions, confidentiality requirements, governing law, and dispute resolution mechanisms to manage potential conflicts that may arise during the receivership process.
Overall, a Deed of Indemnity for Non-Administrative Receivers under UK law provides a legal framework that allows lenders to appoint capable and qualified receivers to safeguard their interests and enforce their rights when borrowers default, while simultaneously providing protection and indemnity for the receivers within the bounds of the law.
How it works
PRODUCT HUNT
#1 Product of the Day
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
See Genie AI in action
Book your personalised demo now
Schedule a live, interactive demo with a Genie expert
Understand the most valuable features of Genie based on your workflow
Find out exactly how your business will benefit, from hours saved to faster revenue
Similar legal templates
Workplace No Smoking Policy
The "Workplace No Smoking Policy under UK Law" template is a comprehensive guide designed to help UK-based organizations draft and implement a clear and effective policy on smoking in the workplace. This legally sound document outlines the rules and regulations surrounding smoking in compliance with UK legislation, including the Health Act 2006 and the Smoke-free (Premises and Enforcement) Regulations 2006.
The policy template provides step-by-step instructions on how to create a smoke-free work environment and sets out guidelines for both employers and employees. It covers various aspects including designated smoking areas, procedures for handling smoking-related complaints, disciplinary actions for non-compliance, and obligations regarding signage and communication of the policy.
Furthermore, the template highlights the legal obligations employers have towards employees' health and safety, as well as their duty to provide a smoke-free workplace. It emphasizes the importance of promoting employee well-being and minimizing the potential risks associated with exposure to second-hand smoke.
This comprehensive Workplace No Smoking Policy ensures that both employers and employees are aware of their rights and responsibilities regarding smoking in the workplace, promoting a healthy and smoke-free environment that complies with UK legal requirements.
The policy template provides step-by-step instructions on how to create a smoke-free work environment and sets out guidelines for both employers and employees. It covers various aspects including designated smoking areas, procedures for handling smoking-related complaints, disciplinary actions for non-compliance, and obligations regarding signage and communication of the policy.
Furthermore, the template highlights the legal obligations employers have towards employees' health and safety, as well as their duty to provide a smoke-free workplace. It emphasizes the importance of promoting employee well-being and minimizing the potential risks associated with exposure to second-hand smoke.
This comprehensive Workplace No Smoking Policy ensures that both employers and employees are aware of their rights and responsibilities regarding smoking in the workplace, promoting a healthy and smoke-free environment that complies with UK legal requirements.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
5
RATINGS
1
DISCUSSIONS
1
Variation to Consortium Agreement (Lambert)
This legal template focuses on making changes or amendments to a consortium agreement named Lambert, which is governed by UK law. A consortium agreement is a legally binding document entered into by multiple parties, typically businesses or organizations, aiming to collaborate on a specific project or initiative. In this particular template, the parties involved in the Lambert consortium agreement are seeking to modify certain provisions, terms, or conditions of their existing agreement. The template provides a framework and guidance for documenting and executing these variations in a legally compliant manner under the jurisdiction of UK law. It may outline the procedure for proposing, reviewing, and approving changes, as well as the specific sections or clauses subject to modification. The goal of this legal template is to assist the parties involved in the Lambert consortium agreement to formalize their agreed-upon variations in a legally effective and enforceable manner.
Read More
Publisher
Lambert ToolkitJurisdiction
England and WalesTEMPLATE
USED BY
1
RATINGS
0
DISCUSSIONS
0
White Label Of Mobile Application (Subscription, Pro-Supplier)
This legal template pertains to the white labeling of a mobile application, specifically focusing on subscription-based and pro-supplier models, all within the legal framework of the United Kingdom. A white label arrangement refers to the practice of allowing one company (the supplier) to develop a specific product or service, which is then rebranded and sold by another company (the subscriber) as their own.
In this context, the template would cover key legal aspects involved in establishing a white label mobile application, particularly those related to subscriptions and pro-supplier functionalities. It would outline the rights and responsibilities of both parties involved, addressing issues such as ownership of intellectual property, licensing agreements, payment terms, privacy and data protection, limitations of liability, indemnification clauses, jurisdiction and dispute resolution, among others.
For instance, the template may include provisions regarding the subscription model, laying out details on the terms and conditions for users who opt for the subscription-based access to the mobile application. This could include aspects such as subscription fees, billing cycles, cancellation and refund policies, user obligations, and any limitations on the supplier's liability for the application's performance or availability.
Additionally, the template may cover the pro-supplier model, which typically involves granting the subscriber the ability to resell or customize the white-labeled application to their customers. This would encompass terms related to licensing, branding, use of trademarks or logos, the extent of customization allowed, and limitations on the subscriber's ability to modify or alter the application's features or functionality.
Ultimately, this legal template serves as a comprehensive framework for facilitating the white labeling of a mobile application in the context of the UK market, protecting the rights and interests of both the subscriber and the supplier, and ensuring compliance with applicable laws and regulations.
In this context, the template would cover key legal aspects involved in establishing a white label mobile application, particularly those related to subscriptions and pro-supplier functionalities. It would outline the rights and responsibilities of both parties involved, addressing issues such as ownership of intellectual property, licensing agreements, payment terms, privacy and data protection, limitations of liability, indemnification clauses, jurisdiction and dispute resolution, among others.
For instance, the template may include provisions regarding the subscription model, laying out details on the terms and conditions for users who opt for the subscription-based access to the mobile application. This could include aspects such as subscription fees, billing cycles, cancellation and refund policies, user obligations, and any limitations on the supplier's liability for the application's performance or availability.
Additionally, the template may cover the pro-supplier model, which typically involves granting the subscriber the ability to resell or customize the white-labeled application to their customers. This would encompass terms related to licensing, branding, use of trademarks or logos, the extent of customization allowed, and limitations on the subscriber's ability to modify or alter the application's features or functionality.
Ultimately, this legal template serves as a comprehensive framework for facilitating the white labeling of a mobile application in the context of the UK market, protecting the rights and interests of both the subscriber and the supplier, and ensuring compliance with applicable laws and regulations.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
6
RATINGS
0
DISCUSSIONS
2
