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Mutual Indemnity And Waiver Of Recourse Agreement
"I need a Mutual Indemnity and Waiver of Recourse Agreement between a construction contractor and subcontractor for a large commercial building project in Dublin, starting March 2025, with specific focus on workplace safety incidents and equipment damage."
1. Parties: Identifies and defines all parties to the agreement
2. Background: Sets out the context and purpose of the agreement
3. Definitions: Defines key terms used throughout the agreement
4. Mutual Indemnities: Details the reciprocal indemnification obligations of each party
5. Waiver of Recourse: Specifies the extent and limitations of the parties' waiver of rights to pursue claims
6. Insurance Requirements: Outlines mandatory insurance coverage requirements for each party
7. Term and Termination: Specifies the duration of the agreement and circumstances for termination
8. Exceptions and Limitations: Defines circumstances where indemnities or waivers don't apply
9. Notice Requirements: Procedures for providing notice of claims or circumstances
10. Governing Law and Jurisdiction: Specifies Irish law as governing law and jurisdiction for disputes
11. Entire Agreement: Standard boilerplate confirming this document represents the complete agreement
12. Severability: Provides for survival of agreement if certain provisions are found invalid
13. Execution: Signature blocks and execution formalities
1. Third Party Rights: Include when third parties may benefit from or be affected by the indemnities
2. Group Company Extensions: Include when benefits extend to group companies or affiliates
3. Specific Project Provisions: Include when agreement relates to a specific project or venture
4. Currency and Payment Terms: Include when monetary aspects need to be addressed
5. Alternative Dispute Resolution: Include when parties want to specify mediation or arbitration procedures
6. Force Majeure: Include when certain events should suspend or modify indemnity obligations
7. Confidentiality: Include when specific confidentiality provisions are needed beyond standard terms
1. Schedule 1 - Defined Terms: Detailed definitions and interpretations
2. Schedule 2 - Insurance Requirements: Detailed insurance specifications including types, amounts, and conditions
3. Schedule 3 - Covered Activities: Specific activities, operations, or projects covered by the agreement
4. Schedule 4 - Claims Procedures: Detailed procedures for making and handling claims
5. Schedule 5 - Excluded Claims: Specific exclusions from indemnity coverage
6. Appendix A - Notice Forms: Template forms for required notices under the agreement
7. Appendix B - Corporate Authorities: Evidence of corporate authority to enter into agreement
Authors
Agreement
Applicable Law
Business Day
Claim
Commencement Date
Confidential Information
Consequential Loss
Contract Area
Counterparty
Direct Loss
Effective Date
Force Majeure Event
Group
Gross Negligence
Indemnified Party
Indemnifying Party
Insurance Policy
Liability
Loss
Material Breach
Notice
Operations
Parent Company
Parties
Personnel
Project
Related Entity
Representatives
Required Insurance
Scope of Work
Services
Subcontractor
Term
Third Party
Third Party Claim
Waiver Period
Wilful Misconduct
Work Product
Working Hours
Definitions
Mutual Indemnities
Waiver of Recourse
Insurance Requirements
Claims Procedure
Scope of Coverage
Exclusions
Term and Duration
Notice Requirements
Payment and Currency
Liability Limitations
Force Majeure
Confidentiality
Assignment
Third Party Rights
Governing Law
Dispute Resolution
Severability
Entire Agreement
Amendment
Counterparts
Representations and Warranties
Compliance with Laws
Termination
Survival
Costs and Expenses
Authority
Relationship of Parties
Construction
Energy
Oil and Gas
Manufacturing
Infrastructure
Mining
Maritime
Aviation
Engineering
Technology
Real Estate Development
Utilities
Telecommunications
Industrial Services
Legal
Risk Management
Operations
Commercial
Compliance
Insurance
Procurement
Project Management
Corporate Affairs
Finance
Legal Counsel
Risk Manager
Contract Manager
Project Manager
Operations Director
Commercial Director
Insurance Manager
Compliance Officer
Chief Legal Officer
Business Development Manager
Corporate Secretary
Chief Financial Officer
Chief Operations Officer
Procurement Manager
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