14 Oct What Is A Hazardous Substances Certificate And Indemnity Agreement
[ix] The term “indemnified party” may be broadly defined in a compensation provision to include a wide range of persons who may be at risk of covered claims; Individuals may, for example, call on their personal representatives, successors and assigns. Companies may want to protect their officers, directors, employees and perhaps volunteers. Example. The landowner will attempt to include in the indemnification provision described above in the lease agreement with Eagle View “losses incurred by the landowner as a result of a breach of the terms of the contract by the indemnifying party”. .