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Indemnity rebuttal: Difference between revisions
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{{sa}} | |||
*[[Indemnity]] | |||
*[[Negligence, fraud or wilful default]] | |||
This is what we can agree to: | |||
:''such liabilities as the Principal may reasonably incur in carrying out its obligations and exercising its rights under the agreement (beyond its ordinary costs of doing so), which it could not reasonably have avoided and that do not arise from its own [[negligence]], [[wilful default]] or [[fraud]], and any reasonable costs of mitigating or defending them.'' | |||
===Indemnity for all costs and expenses=== | ===Indemnity for all costs and expenses=== | ||
You have asked us to indemnify you for all your costs, expenses and losses incurred in your performance of the contract. This is too wide. This includes your costs of doing business: your rental, your labour costs, even, conceivably, your employees’ drycleaning. These are not for us to bear. | You have asked us to indemnify you for all your costs, expenses and losses incurred in your performance of the contract. This is too wide. This includes your costs of doing business: your rental, your labour costs, even, conceivably, your employees’ drycleaning. These are not for us to bear. | ||