What is an indemnity clause?
- Indemnity clauses seek to protect the parties from any liability that falls outside their control.
- A landlord might seek indemnity from any legal action arising out of a customer being injured due to the tenant’s negligence in the tenant’s shop.
- Any indemnity provided by the tenant should exclude liability occasioned by the act or negligence of the landlord including:
- damage;
- loss,
- injury; or
- death.
Read some more FAQS from our Retail & Commercial Leases section