Damages to Third Parties Sample Clauses
The "Damages to Third Parties" clause defines the responsibilities and liabilities of the contracting parties in the event that their actions cause harm or loss to individuals or entities not directly involved in the contract. Typically, this clause outlines which party is responsible for compensating third parties for injuries, property damage, or other losses resulting from the performance of the contract. For example, if a contractor’s work causes damage to a neighbor’s property, this clause would specify who must pay for the repairs. Its core function is to allocate risk and clarify financial responsibility for third-party claims, thereby preventing disputes between the contracting parties over such liabilities.
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Damages to Third Parties. DECLARANT agrees to indemnify, defend and hold harmless CITY and its officers, directors, employees, agents, consultants, and other authorized representatives from any and all liability, claims, demands, damages (whether contract or tort, including personal injury, death, or property damage), costs, and financial loss, including all costs and expenses of litigation or arbitration, which result or are claimed to have resulted directly or indirectly from the Encroachment, including but not limited to the construction, existence and/or use of the Improvements.
Damages to Third Parties by the Incubatee