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UNDERTAKING FOR INDEMNITY I, aged, residing at on behalf of company hereby undertake and agree as under: 1. I run and operate an SMS account with Innovative ERP Solutions Limited (service providers)
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What is undertaking for indemnity?
Undertaking for indemnity is a legal document where one party agrees to compensate the other in case of any losses or damages.
Who is required to file undertaking for indemnity?
Anyone who is entering into a contract where there is a risk of loss or damage is required to file an undertaking for indemnity.
How to fill out undertaking for indemnity?
Undertaking for indemnity can be filled out by providing details of the parties involved, the nature of the agreement, and the specific indemnification terms.
What is the purpose of undertaking for indemnity?
The purpose of undertaking for indemnity is to protect the parties involved in a contract from potential financial losses.
What information must be reported on undertaking for indemnity?
Information such as the names of the parties involved, the amount of indemnification, the cause of potential loss, and the duration of the agreement must be reported on undertaking for indemnity.
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