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MUTUAL INDEMNITY AGREEMENT FOR THE E & P INDUSTRY(a joint NOTEPAD and IRON supported facility)Explanatory note The purpose of this mutual indemnity agreement for the E & P industry (the Agreement)

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What is mutual indemnity agreement?

A mutual indemnity agreement is a contract between two parties where they agree to hold each other harmless from any losses, damages, or liabilities that may arise during the course of their business relationship.

Who is required to file mutual indemnity agreement?

Both parties involved in the agreement are required to file the mutual indemnity agreement.

How to fill out mutual indemnity agreement?

The mutual indemnity agreement should be filled out by both parties involved, detailing the terms of indemnification and the responsibilities of each party.

What is the purpose of mutual indemnity agreement?

The purpose of a mutual indemnity agreement is to protect both parties from potential financial losses or liabilities that may occur during their business relationship.

What information must be reported on mutual indemnity agreement?

The mutual indemnity agreement should include details of the parties involved, the scope of indemnification, the responsibilities of each party, and any other relevant terms.

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