SAMPLE CLAUSES

Indemnity

:

Indemnity

(Sample Clause 1)

4.1 Each party shall, indemnify, defend and hold harmless the other party and their respective officers, directors, employees, agents and/ or affiliate(s), as applicable (“Indemnified Party”), from and against: (a) any and all [direct, indirect and consequential] liabilities, costs, expenses, damages and losses (including reasonable attorneys’ fees and expenses) suffered or incurred by the Indemnified Party, arising out of or in connection with a breach by such parties of its obligations, covenants, representations and warranties set out in this Agreement); and (b) any and all costs and expenses incurred by the Indemnified Party in respect of a claim in terms of this Clause.

4.2 Any compensation or indemnity referred to in this Clause shall be such as to place the Indemnified Party, in the same position as it would have been in, had there not been any such breach, failure and/ or non-performance.

4.3 Any claim for indemnity by an Indemnified Party pursuant to this Clause shall be made by the issue of a notice in that regard to the indemnifying party.

Indemnity

(Sample Clause 2)

Indemnity

(Sample Clause 3)

Indemnity

(Sample Clause 4)

Indemnity

(Sample Clause 5)

Indemnity

(Sample Clause 6)

Indemnity

(Sample Clause 7)

Indemnity

(Sample Clause 8)

Indemnity

(Sample Clause 9)
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