Common use of Risk Management and Indemnification Clause in Contracts

Risk Management and Indemnification. a. The Affiliate agrees to conduct all insured activities in accordance with the ACA’s Risk Management Requirements. The Affiliate understands its responsibility to comply with reasonable and appropriate safety standards in conducting its activities and acknowledges that its failure to do so could adversely impact its insurance coverage and the ACA’s insurance program. b. Before entering into any written or oral agreement to indemnify, hold harmless, or assume the liability of a third party, the Affiliate will provide ACA with a copy of the proposed agreement and allow 10 business days for ACA review.

Risk Management and Indemnification. a. The Affiliate agrees to conduct all insured activities in accordance with the ACA’s Risk Management Requirements. The Affiliate understands its responsibility to comply with reasonable and appropriate safety standards in conducting its activities and acknowledges that its failure to do so could adversely impact its insurance coverage and the ACA’s insurance program. b. Before entering into any written or oral agreement to indemnify, hold harmless, or assume the liability of a third party, the Affiliate will provide ACA with a copy of the proposed agreement and allow 10 ten (10) business days for ACA review.