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Release Of Indemnity
"I need a Release of Indemnity agreement under Dutch law for my construction company to release our subcontractor from all claims related to the Amsterdam office building project that was completed in January 2025, including any potential future defects or damages."
1. Parties: Identification and details of the Indemnitor (party providing the release) and Indemnitee (party being released)
2. Background: Context of the relationship between parties and circumstances leading to the release
3. Definitions: Definitions of key terms used in the agreement, including 'Claims', 'Losses', and scope of release
4. Release and Discharge: Core provision detailing the scope and nature of the release being granted
5. Consideration: Statement of the consideration being provided in exchange for the release
6. Representations and Warranties: Basic representations about authority to enter agreement and understanding of its effects
7. Complete Release: Confirmation that the release is full and final, covering all known and unknown claims
8. Governing Law and Jurisdiction: Specification of Dutch law as governing law and jurisdiction for disputes
9. Entire Agreement: Standard clause confirming this document represents the entire agreement regarding the release
10. Execution: Signature blocks and execution requirements
1. Surviving Obligations: Used when certain obligations between the parties should survive the release
2. Confidentiality: Include when the parties wish to keep the terms of the release confidential
3. Tax Implications: Include when there are significant tax consequences to address
4. Future Cooperation: Used when parties need to specify any ongoing cooperation requirements
5. Non-Admission of Liability: Include when the released party wants to explicitly state the release isn't an admission of liability
6. Return of Property: Include when there needs to be an exchange or return of property or documents
7. Insurance: Include when insurance policies or coverage need to be addressed
8. Severability: Include when parties want to ensure partial enforceability if some provisions are invalid
1. Schedule of Released Claims: Detailed list of specific claims, incidents, or matters being released
2. Schedule of Consideration: Details of any payment or other consideration being provided
3. Schedule of Related Agreements: List of any related agreements affected by or referenced in the release
4. Schedule of Excluded Claims: List of any specific claims or matters excluded from the release
5. Supporting Documentation: Any relevant documentation evidencing the claims or circumstances being released
Authors
Claims
Effective Date
Indemnitor
Indemnitee
Losses
Released Claims
Released Matters
Released Parties
Releasing Parties
Consideration
Dispute
Parties
Representatives
Affiliates
Confidential Information
Force Majeure
Liability
Original Agreement
Related Entities
Surviving Obligations
Term
Territory
Working Day
Excluded Claims
Incident
Settlement Amount
Underlying Agreement
Definitions
Release and Discharge
Consideration
Scope of Release
Representations and Warranties
Indemnification
Governing Law
Jurisdiction
Confidentiality
Non-Admission of Liability
Severability
Entire Agreement
Amendment
Assignment
Notices
Further Assurance
Costs
Counterparts
Third Party Rights
Waiver
Force Majeure
Surviving Obligations
Return of Property
Tax Matters
Insurance
Dispute Resolution
Execution
Construction
Manufacturing
Financial Services
Insurance
Real Estate
Professional Services
Healthcare
Technology
Energy
Transportation
Maritime
Infrastructure
Retail
Telecommunications
Legal
Compliance
Risk Management
Finance
Operations
Corporate Affairs
Insurance
Claims Management
Project Management
Business Development
Executive Leadership
Procurement
General Counsel
Legal Director
Risk Manager
Compliance Officer
Chief Financial Officer
Contract Manager
Project Manager
Chief Executive Officer
Insurance Manager
Claims Manager
Business Development Director
Operations Director
Corporate Secretary
Legal Counsel
Settlement Officer
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