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Hold Harmless Agreement (Insurance)
"I need a Hold Harmless Agreement (Insurance) for our construction company operating in Hong Kong, where we'll be requiring our subcontractors to indemnify us against any site-related incidents and maintain comprehensive insurance coverage of at least HKD 10 million for the upcoming Kowloon development project starting March 2025."
1. Parties: Identifies and provides full details of all parties to the agreement, including the indemnitor and indemnitee
2. Background: Sets out the context and purpose of the agreement, including the relationship between the parties and the activities being covered
3. Definitions: Defines key terms used throughout the agreement for clarity and precision
4. Scope of Indemnification: Clearly outlines the specific activities, risks, and circumstances covered by the hold harmless provision
5. Insurance Requirements: Details the specific insurance coverage requirements, including types of insurance, minimum coverage amounts, and duration
6. Indemnitor's Obligations: Specifies the responsibilities and duties of the party providing the indemnification
7. Claims Procedure: Outlines the process for making and handling claims under the agreement
8. Duration and Termination: Specifies the term of the agreement and conditions for termination
9. Notices: Sets out how and where formal notices under the agreement should be delivered
10. Governing Law and Jurisdiction: Confirms Hong Kong law as governing law and specifies jurisdiction for dispute resolution
11. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments
12. Execution: Signature blocks and execution formalities
1. Exclusions and Limitations: Specific exclusions from the indemnification scope, used when certain risks or activities need to be explicitly carved out
2. Additional Insured Requirements: Used when specific parties need to be named as additional insureds on insurance policies
3. Cross-Indemnification: Included when both parties are providing reciprocal indemnification
4. Subrogation Waiver: Used when parties agree to waive their insurers' subrogation rights
5. Alternative Dispute Resolution: Including specific mediation or arbitration procedures when parties prefer alternatives to court litigation
6. Confidentiality: Added when the agreement involves sensitive information that needs protection
7. Force Majeure: Included when parties want to address how unforeseen circumstances affect indemnification obligations
1. Schedule 1 - Insurance Coverage Requirements: Detailed specifications of required insurance policies, coverage limits, and terms
2. Schedule 2 - Indemnified Activities: Comprehensive list of specific activities covered by the indemnification
3. Schedule 3 - Claims Processing Procedures: Detailed procedures for handling and processing claims
4. Schedule 4 - Contact Information: List of key contacts and their details for various aspects of the agreement
5. Appendix A - Certificate of Insurance: Template or actual certificate of insurance showing required coverage
6. Appendix B - Risk Assessment: Documentation of risk assessment related to indemnified activities
Authors
Additional Insured
Claim
Commencement Date
Covered Activities
Covered Period
Damages
Effective Date
Excluded Claims
Force Majeure Event
Indemnified Party
Indemnifying Party
Insurance Policies
Insurer
Liability
Loss
Minimum Insurance Requirements
Notice
Parties
Policy Period
Premium
Required Coverage
Risk Event
Scope of Indemnification
Subcontractor
Term
Territory
Third Party
Waiver of Subrogation
Working Day
Certificate of Insurance
Insurance Broker
Material Breach
Representatives
Underlying Agreement
Applicable Law
Hong Kong
Confidential Information
Force Majeure
Intellectual Property Rights
Insurance Requirements
Scope of Coverage
Claims Procedure
Notice Requirements
Additional Insured
Waiver of Subrogation
Premium Payment
Policy Maintenance
Certificate of Insurance
Risk Assessment
Liability Limitations
Exclusions
Duration
Termination
Force Majeure
Confidentiality
Dispute Resolution
Governing Law
Jurisdiction
Assignment
Amendment
Severability
Entire Agreement
Counterparts
Notices
Representations and Warranties
Compliance with Laws
Third Party Rights
Costs and Expenses
Construction
Real Estate
Financial Services
Insurance
Manufacturing
Professional Services
Healthcare
Transportation
Retail
Technology
Energy
Infrastructure
Legal
Risk Management
Compliance
Operations
Finance
Insurance
Procurement
Facilities Management
Project Management
Corporate Affairs
Health and Safety
Risk Manager
Legal Counsel
Insurance Manager
Compliance Officer
Contract Manager
Project Manager
Operations Director
Chief Financial Officer
General Counsel
Business Development Manager
Property Manager
Facility Manager
Construction Manager
Procurement Manager
Safety Officer
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