Indemnity Release Form Template for Nigeria

1. Insurance Requirements: Details of any insurance policies required to support the indemnity, used when specific insurance coverage is necessary

2. Limitations of Liability: Any caps or exclusions to the indemnity coverage, included when parties agree to specific limitations

3. Dispute Resolution: Procedures for handling disputes, included when parties want to specify arbitration or other alternative dispute resolution methods

4. Severability: Provision ensuring remaining clauses stay valid if some are found unenforceable, used in more complex agreements

5. Notice Requirements: Procedures for providing notice of claims, included when formal notification processes are needed

6. Assignment: Rules regarding transfer of rights under the agreement, included when assignment rights need to be restricted or clarified

1. Schedule A - Specific Risks: Detailed list of specific risks, activities, or events covered by the indemnity

2. Schedule B - Excluded Claims: List of specific claims or circumstances explicitly excluded from the indemnity

3. Schedule C - Insurance Requirements: Detailed insurance specifications including types, amounts, and providers if required

4. Appendix 1 - Related Agreements: List of any related agreements or documents referenced in the main agreement

5. Appendix 2 - Required Notices: Templates or forms for required notices under the agreement