ACKNOWLEDGEMENTS, AND INDEMNIFICATION Clause Samples

The "Acknowledgements, and Indemnification" clause serves to confirm that parties recognize and accept certain facts, risks, or responsibilities, and to require one party to compensate the other for specific losses or liabilities. In practice, this clause may state that a party acknowledges the inherent risks of an activity or the accuracy of provided information, and agrees to indemnify the other party against claims, damages, or expenses arising from breaches, negligence, or third-party actions. Its core function is to allocate risk and financial responsibility, ensuring that one party is protected from certain legal or financial consequences resulting from the other party's actions or omissions.
ACKNOWLEDGEMENTS, AND INDEMNIFICATION. You represent and acknowledge that:
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ACKNOWLEDGEMENTS, AND INDEMNIFICATION. RESIDENT HEREBY ACKNOWLEDGES THAT RESIDENT HAS READ THIS LEASE, THE RENTAL APPLICATION, AND THE RULES AND REGULATIONS GOVERNING THE COMMUNITY. RESIDENT UNDERSTANDS THAT THE RULES AND REGULATIONS MAY BE AMENDED FROM TIME TO TIME. RESIDENT AFFIRMS THAT RESIDENT WILL, IN ALL RESPECTS, COMPLY WITH THE TERMS AND CONDITIONS OF THIS LEASE. RESIDENT ACKNOWLEDGES THAT THIS LEASE IS A LEGAL DOCUMENT AND IS INTENDED TO BE ENFORCEABLE AGAINST RESIDENT AND ANY GUARANTOR IN ACCORDANCE WITH ITS TERMS AND CONDITIONS, AND THAT RESIDENT SHOULD SEEK COMPETENT LEGAL ADVICE IF ANY PORTION OF THIS LEASE OR ANY RELATED DOCUMENT IS NOT CLEAR OR OTHERWISE UNDERSTOOD BY RESIDENT. NOTE: THE Resident further acknowledges that he or she has received, read, understands and agrees to the terms and conditions contained in the following Exhibits to this Lease, which are all incorporated by reference in their entirety into this Lease: A Resident Handbook - Rules and Regulations X B Insurance and Indemnification Addendum X C Mold and Mildew Prevention Addendum X D Concession Acknowledgement If applicable, refer to Concession Acknowledgement Addendum E Fee Schedule Addendum X F Bed Bug Addendum X G Pest Control Addendum X H Parking Addendum If applicable, refer to Parking Addendum I Furniture Addendum X J Financial Aid Addendum If applicable, refer to Financial Aid Addendum K Prepaid Rent Addendum If applicable, refer to Prepaid Rent Addendum L Animal Addendum If applicable, refer to Animal Addendum M Shuttle Waiver and Release of Liability Addendum NA R Construction Completion Contingency Addendum NA
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Related to ACKNOWLEDGEMENTS, AND INDEMNIFICATION

  • Defense and Indemnification 12.1 Consultant agrees to indemnify, defend (with attorneys approved by City), and hold harmless the City, and its officers, officials, agents and employees (the “Indemnified Parties”) from any and all claims, demands, costs or liability that arise out of, or pertain to, or relate to the Consultant, its employees, agents, and subcontractors performance of services under this Agreement. Consultant’s duty to indemnify under this section shall not include liability for damages for death or bodily injury to persons, injury to property, or other loss, damage or expense arising from the sole negligence or willful misconduct by the City or its elected officials, officers, agents, and employees. Consultant's indemnification obligations shall not be limited by the insurance provisions of this Agreement. The Parties expressly agree that any payment, attorney's fees, costs or expense City incurs or makes to or on behalf of an injured employee under the City's self-administered workers' compensation is included as a loss, expense, or cost for the purposes of this section, and that this section will survive the expiration or early termination of this Agreement. 12.2 This indemnity is in addition to any other rights or remedies which City may have under the law or this Agreement. In the event of any claim or demand made against any party which is entitled to be indemnified hereunder, City may, at its sole discretion, reserve, retain or apply any monies due to Consultant under this Agreement for the purpose of resolving such claims; provided however, that City may release such funds if Consultant provides City with reasonable assurances of protection of the City's interest. The City shall, in its sole discretion determine whether such assurances are reasonable. 12.3 Consultant agrees that its duty to defend arises upon an allegation of liability based upon the performance of services under this Agreement by Consultant, its officers, agents, representatives, employees, sub-consultants, or anyone for whom Consultant is liable and that an adjudication of Consultant’s liability is not a condition precedent to Consultant's duty to defend.

  • Warranties and Indemnification Employee warrants that he is not a party to any contract, restrictive covenant, or other agreement purporting to limit or otherwise adversely affecting his ability to secure employment with any third party. Alternatively, should any such agreement exist, Employee warrants that the contemplated services to be performed hereunder will not violate the terms and conditions of any such agreement. In either event, Employee agrees to fully indemnify and hold the Company harmless from any and all claims arising from, or involving the enforcement of, any such restrictive covenants or other agreements.