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This document outlines the indemnity and hold harmless agreement between the City of Delaware City and the applicant for the Delaware City Day event, detailing responsibilities and liabilities.
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How to fill out indemnity and hold harmless

01
Start with the title: Clearly label the document as 'Indemnity and Hold Harmless Agreement'.
02
Identify the parties involved: State the names and roles of all parties in the agreement.
03
Define the scope: Specify the activities or circumstances under which indemnity will apply.
04
Include indemnity clause: Clearly state that one party agrees to indemnify and hold harmless the other party.
05
Outline limitations and exclusions: Mention any specific limits or exclusions to the indemnity.
06
Include legal jurisdiction: Specify the legal jurisdiction that will govern the agreement.
07
Signature lines: Provide space for all involved parties to sign and date the document.

Who needs indemnity and hold harmless?

01
Businesses that enter contracts with third parties.
02
Event organizers who need liability protection.
03
Contractors working on projects involving potential risks.
04
Service providers engaged in high-risk activities.
05
Individuals participating in sports or recreational activities.
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Indemnity refers to a contractual obligation of one party to compensate another party for certain damages or losses. A 'hold harmless' clause is a provision that protects one party from liability for certain claims or damages.
Typically, indemnity and hold harmless agreements are filed by parties entering into a contract where one party seeks protection from potential liabilities associated with the contract, such as service providers or contractors.
To fill out an indemnity and hold harmless agreement, parties should clearly identify the parties involved, specify the scope of indemnification, outline the responsibilities for claims, and include relevant details like dates and signatures.
The purpose of indemnity and hold harmless agreements is to allocate risk between parties, protect one party from legal claims or losses resulting from the actions of the other party, and ensure financial security in contractual relationships.
Key information that must be reported includes the names of the parties, the specific obligations and liabilities being indemnified, any exclusions or limitations, and the duration of the agreement.
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