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Indemnification Hold Harmless And Insurance Agreement
"I need an Indemnification Hold Harmless And Insurance Agreement for my construction company acting as a general contractor, requiring subcontractors to maintain $2M in liability coverage and indemnify us against all third-party claims arising from their work starting March 1, 2025."
1. Parties: Identification of all parties to the agreement, including their legal names, addresses, and registration details
2. Background: Context and purpose of the agreement, including the relationship between the parties and reasons for indemnification
3. Definitions: Key terms used throughout the agreement, including specific insurance, indemnification, and liability terms
4. Indemnification Obligations: Detailed scope and extent of indemnification duties, including covered events and limitations
5. Hold Harmless Provisions: Terms of hold harmless protection, specifying the scope of protection and covered circumstances
6. Insurance Requirements: Required insurance coverage types, minimum limits, and policy requirements
7. Term and Termination: Duration of the agreement and conditions for early termination or modification
8. Governing Law: Specification of applicable jurisdiction and governing law for the agreement
1. Additional Insured Requirements: Specific terms and conditions for adding parties as additional insureds on insurance policies
2. Claims Procedures: Detailed process for handling and resolving indemnification claims
3. Subrogation Waiver: Terms regarding waiver of insurance subrogation rights between parties
4. Defense Obligations: Specific terms regarding legal defense responsibilities and cost allocation
1. Schedule A - Insurance Certificates: Copies of required insurance certificates and policies
2. Schedule B - Coverage Requirements: Detailed specifications of required insurance coverage types and limits
3. Schedule C - Indemnified Parties List: Comprehensive list of all parties covered by the indemnification provisions
4. Schedule D - Claims Procedures: Step-by-step procedures for processing and handling indemnification claims
Authors
Indemnified Parties
Indemnifying Party
Claims
Losses
Liabilities
Insurance Coverage
Additional Insured
Certificate of Insurance
Effective Date
Term
Force Majeure
Negligence
Gross Negligence
Willful Misconduct
Defense Costs
Insurance Policies
Coverage Limits
Deductible
Self-Insured Retention
Notice
Business Day
Affiliate
Damages
Third Party
Subrogation
Waiver
Material Breach
Governing Law
Jurisdiction
Indemnification Obligations
Hold Harmless Obligations
Insurance Requirements
Covered Activities
Excluded Claims
Hold Harmless
Insurance Requirements
Additional Insured Status
Notice Requirements
Waiver of Subrogation
Defense Obligations
Claims Procedures
Liability Limitations
Insurance Coverage Limits
Duration and Renewal
Termination Rights
Force Majeure
Governing Law
Dispute Resolution
Severability
Assignment
Amendment and Modification
Entire Agreement
Representations and Warranties
Compliance with Laws
Notice Requirements
Cooperation
Survival
Third-Party Rights
Waiver of Jury Trial
Counterparts
Good Faith and Fair Dealing
Records and Audit Rights
Costs and Expenses
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