Web7.Mutual Indemnification.Each Party shall indemnify, defend and hold the other Party harmless from all liabilities, costs and expenses (including, without limitation, attorneys fees) that such Party may suffer, sustain or become subject to as a result any misrepresentation or breach of warranty, covenant or agreement of the indemnifying Party contained … WebNov 15, 2024 · The agreement should clearly state that all customer data, including customer data, is confidential regardless of whether it is displayed or accessible by the …
Indemnification by Customer Sample Clauses - Law Insider
WebA Practice Note discussing indemnification and defense provisions in commercial contracts. This Note defines indemnification and explains how parties often use indemnification to allocate risk. It discusses key issues including statutory and common law barriers to enforcement, defining the scope of the indemnity, limiting liability, and … WebAn indemnification agreement (also known as a hold harmless agreement) is a legally binding contract that holds a business harmless for any burden loss or damage done by … new townhomes myrtle beach sc
Customer Indemnity Sample Clauses: 654 Samples Law Insider
WebAug 19, 2024 · The customer was responsible for $2 million of EBITDA over the trailing 12 months. The buyer may argue that the appropriate calculation of damages is to use the market approach to determine the difference between the value of the business as warranted ($100 million) and as delivered. The buyer might then argue that the court … WebJul 29, 2024 · The indemnity obligation is not proportional to your fault. In this type of indemnity provision, your obligations are not limited to claims or damages resulting from your fault or negligence. Instead, you may be … mifflin county veterans services officer