Negotiating Indemnity Clauses - Stewart McKelvey
Negotiating Indemnity Clauses - Stewart McKelvey
Negotiating Indemnity Clauses - Stewart McKelvey
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NEGOTIATING INDEMNITY<br />
CLAUSES<br />
Certainty<br />
• Contractor Wants:<br />
• Well qualified representations and warranties<br />
• Expansive exceptions to indemnification<br />
• Tight survival periods<br />
• "Anti-sandbagging" g provisions<br />
• Narrow indemnity provisions, i.e. baskets and caps<br />
• Exclusivity as to remedies<br />
• Control over third party claims<br />
69 2013 Construction Seminar<br />
© 2013 <strong>Stewart</strong> <strong>McKelvey</strong> all rights reserved