Hold Harmless And Indemnity Agreement Template for South Africa

1. Insurance Requirements: Details of required insurance coverage to support the indemnity, used when specific insurance policies must be maintained

2. Third Party Rights: Provisions regarding the rights of third parties under the agreement, used when third party beneficiaries are involved

3. Contribution and Subrogation: Rights of contribution between parties and subrogation rights, used in complex multi-party arrangements

4. Specific Exclusions: Detailed list of excluded events or circumstances, used when certain risks need to be explicitly carved out

5. Security Provisions: Requirements for security or collateral to support the indemnity, used in high-value or high-risk situations

6. Alternative Dispute Resolution: Mediation or arbitration procedures, used when parties prefer alternative dispute resolution to litigation

1. Schedule A - Indemnified Activities: Detailed list of specific activities, operations, or circumstances covered by the indemnity

2. Schedule B - Excluded Events: Comprehensive list of specifically excluded events or circumstances

3. Schedule C - Claims Procedure: Detailed procedure for making and processing claims, including required forms and documentation

4. Appendix 1 - Insurance Requirements: Specific insurance requirements including types of coverage, minimum limits, and required endorsements

5. Appendix 2 - Contact Information: List of key contacts and their details for claim notifications and correspondence