New York Indemnity Agreement
Indemnity Agreement for use in New York.
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An indemnity agreement entered between two parties requires one party
to protect another party against anticipated losses, claims, or
lawsuits that may occur in the future. As an example, Party A would like hire Party B to
construct a playground, but Party B is reluctant due to the possibility
of suffering future liability because of such an enterprise. In this
situation, Party A may select to indemnify Party B against any future claims and
lawsuits that may originate due to Party B's performance in the
agreement.
This Indemnity Agreements is designed to protect Party B and helps Party A to have Party B participate in the contract. This document will record this understanding between the parties and will also lay out the various basic terms of the indemnification (e.g. indemnification procedures, notice, etc.)
These are some of the following important provisions of the New York Indemnity Agreement:
Protect Yourself, Your Rights, and Your Property, with our up-to-date forms.
This attorney-prepared packet includes:
This Indemnity Agreements is designed to protect Party B and helps Party A to have Party B participate in the contract. This document will record this understanding between the parties and will also lay out the various basic terms of the indemnification (e.g. indemnification procedures, notice, etc.)
These are some of the following important provisions of the New York Indemnity Agreement:
- Indemnification: Identifies the certain action that is being indemnified from any future claims and lawsuits;
- Procedures for Indemnification:
Enumerates the indemnification procedures;
- Severability: If any part of the agreement is determined to be unenforceable, the remaining provisions will stay enforceable to the extent allowed;
- Binding Effect: All parties involved in the agreement will be bound to the terms of the agreement.
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costly mistake. Protect yourself, your rights and your property -
without expensive lawyer fees. Our Forms are prepared by attorneys, not
just attorney-reviewed, up to date, and specifically designed for your
state.
Protect Yourself, Your Rights, and Your Property, with our up-to-date forms.
This attorney-prepared packet includes:
- Instructions and Checklist for the Indemnity Agreement;
- Information about the New York Indemnity Agreement; and
- The New York Indemnity Agreement (the "Agreement")
Number of Pages5
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#21063