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Replace Field Settings to the Indemnity Agreement

Replace Field Settings to the Indemnity Agreement and eSign it in minutes

Aug 6th, 2022

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How to Replace Field Settings to the Indemnity Agreement

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[Music] hi Im Ken Fossum how would you respond to this superintendents question I received two certified letters today one was from the company that installed our new bleachers a couple of years ago and the other is from the manufacturer of those bleachers both letters say the district is responsible for providing defense for them in the lawsuit that was filed Monday by the parents of one of the students injured when the bleachers collapsed last fall the school was named in Mondays lawsuit too but our insurance company is taking care of that Im assuming the insurance companies for the Installer and manufacturer have the obligation to do the same for them am i right this question provides a limited amount of information and I suspect that there is more to the story more specifically Im guessing as the school district may have entered into a purchase agreement when they bought the bleachers and that the purchase agreement had a clause in it that reads something like this paragraph 1

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

What is an example of an indemnity clause in a service agreement?

Consultant agrees to hold harmless and indemnify Client from any and all liability, arising out of Consultants negligence, whether it be sole or in concert with others, in connection with performance of the services described herein. caused by Consultants negligent performance of services.

What is a substitute for indemnity?

How is the word indemnify distinct from other similar verbs? Some common synonyms of indemnify are compensate, pay, recompense, reimburse, remunerate, repay, and satisfy.

What is the purpose of an indemnity agreement?

The purpose of indemnity agreements is to shield a party from liability associated with a contracting partys negligence or carelessness.

What are the three 3 methods of indemnity?

There are 3 levels of indemnification: broad form, intermediate form, and limited form. This requires the indemnitor to pay not only for its liabilities but also for the indemnitees liability whether the indemnitee is solely (i.e. 100%) at fault or partially at fault.

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