For in an indemnification provision
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Defense and Indemnification Provisions: Lessons Learned ...
www.acc.com• Exception: Indemnification provisions purporting to require indemnification for the sole negligence of a counterparty to a construction contract. – Va. Code § 11-4.1; accord Md. Code Ann., Cts. & Jud. Proc. § 5-401 – In Virginia, if the provision violates the statutory exception on construction contacts, the entire
Negotiating Limitation of Liability Provisions in Agency ...
www.winston.com•Pass-through indemnification to the extent received •Limited patent responsibility. Client Wants to Limit Indemnification to: •Intentional acts, gross negligence, or wilful misconduct •Client IP •Product liability. Agency Wants to be Indemnified for: •Violation of laws •Improper provision of data •Failure to comply with obligations
Indemnity & Limitations On Liability
www.acc.com⎻Include a comprehensive sole remedy provision. ⎻Exclude either: a cumulative remedies clause from the agreement; or the indemnification clause from the cumulative remedies provision • Receiver should seek exclusions for: ⎻Equitable remedies …
Indemnification and hold harmless agreement form
formspal.comNotwithstanding any term or provision herein to the contrary, consequential damages are hereby expressly excluded from any indemnification obligations hereunder. Notwithstanding any term or provision herein to the contrary, consequential damages may be included within the indemnification obligations hereunder, if and
Asset Purchase Agreement - University of Houston Law Center
law.uh.eduSeller for the provision of medical services (collectively, the “ Excluded Contracts ”). (b) The corporate record books, minute books, corporate seals and tax records of Seller and all records of any kind that Seller is required by Legal Requirements to retain in its own possession (collectively, the “ Excluded Records
Five Deadly Sins: Lease Clauses a Landlord Should Refuse ...
www.seyfarth.comclause, the indemnification, places responsibility on the tenant for losses that arise out of the tenant's fault, work, breach of the lease, or failure to abide by applicable governmental regulations. Again, this clause in many ways is a means of determining
INDEMNIFICATION CONTRACT CLAUSES - Dealey, Renton
www.dealeyrenton.comINDEMNIFICATION CONTRACT CLAUSES. BACKGROUND Of all the contract clauses in professional services agreements, indemnification clauses have the most significant liability implications. Indemnity is an agreement to assume liability in the event of a loss, and the assumption of liability involves the shifting of risk from one party to another.