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APPENDIX 6 SBA ENVIRONMENTAL INDEMNIFICATION AGREEMENT 2026

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The document outlines the SBA Environmental Indemnification Agreement, which is a legal contract between the Borrower, Third Party Indemnitor, Lender, and the U.S. Small Business Administration (SBA). It details the responsibilities of the parties regarding environmental contamination associated with a property securing an SBA loan. Key components include definitions of terms related to environmental law, representations and warranties by the Borrower and Indemnitors about the property's condition, covenants for compliance with environmental laws, obligations for remediation of contamination, and indemnification provisions protecting SBA and Lender from environmental risks. The agreement emphasizes full disclosure of environmental conditions and establishes procedures for notification and remediation responsibilities.

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Click ‘Get Form’ to open the APPENDIX 6 SBA ENVIRONMENTAL INDEMNIFICATION AGREEMENT in our platform.
Begin by filling in the SBA Loan Number at the top of the form. This is essential for tracking and reference.
In the first section, enter the effective date of the agreement and provide the names of all parties involved, including Borrower and Third Party Indemnitor.
Proceed to Section I, RECITALS, where you will need to specify the loan amount and property address. Ensure accuracy as this information is critical.
Move on to Section II, DEFINITIONS. Familiarize yourself with key terms such as 'Contamination' and 'Environmental Claim' as they will be referenced throughout the document.
Continue through Sections III to IX, ensuring that all representations, warranties, and covenants are accurately filled out based on your specific situation.
Finally, review all entries for completeness and accuracy before signing. Utilize our editor's features for easy corrections if needed.

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What is the meaning of indemnification in agreement?

An indemnification clause is a legally binding agreement between two parties specifying that one party (the indemnifying party) will compensate the other party (the indemnified party) for any losses or damages that may arise from a particular event or circumstance.

What is the purpose of the environmental indemnification agreement?

Environmental indemnification is a contractual agreement where one party agrees to compensate another for any losses or damages arising from environmental issues related to a property or operation.

What is the indemnification clause in a loan agreement?

An indemnification clause is an agreement where one party, the indemnifier, agrees to cover the losses or damages of the other party, the indemnitee, under specific circumstances defined in the contract. It is also known as the indemnity clause or the hold harmless provision.

What is the purpose of an indemnity agreement?

Indemnity Agreement: Although similar to a hold harmless agreement, an indemnity agreement is an arrangement whereby one party agrees to pay the other party for any damages regardless of who is at fault.

What is the sunset provision of the environmental indemnity agreement?

With respect to the conditions the indemnitor must satisfy in order to receive the sunset, the most important condition is that the borrower must deliver a clean environmental report, in form and substance reasonably acceptable to the lender, at the time the loan is repaid in full (or closer to the date of the sunset)

What is an example of an environmental liability?

Environmental liabilities affect businesses from a broad spectrum of industries. These claims come in all sizes, ranging from massive oil spills to small-scale hazardous waste left at a construction site.

APPENDIX 6 SBA ENVIRONMENTAL INDEMNIFICATION AGREEMENT 2026

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What is the meaning of indemnification in agreement?

What is the purpose of the environmental indemnification agreement?

What is the indemnification clause in a loan agreement?

What is the purpose of an indemnity agreement?

What is the sunset provision of the environmental indemnity agreement?

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APPENDIX 6 SBA ENVIRONMENTAL INDEMNIFICATION AGREEMENT 2026

Here's how it works

How to use or fill out APPENDIX 6 SBA ENVIRONMENTAL INDEMNIFICATION AGREEMENT

Complete this form in 5 minutes or less

Got questions?

What is the meaning of indemnification in agreement?

What is the purpose of the environmental indemnification agreement?

What is the indemnification clause in a loan agreement?

What is the purpose of an indemnity agreement?

What is the sunset provision of the environmental indemnity agreement?

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