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Document Id : 8941
File Type : Microsoft Word
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USA Environmental Indemnity Agreement
USA lenders, prepare an Environmental Indemnity Agreement for a corporate borrower with this fully editable template.
- The Agreement is drawn up as part of the loan documents and covers property owned by the borrower which is mortgaged as security for repayment of the loan.
- The borrower indemnifies the lender against any claims or losses arising from environmental contamination of or damage to the property or from any violation of environmental requirements of any governmental authority or other agencies.
- The obligations of the borrower as indemnitor will survive the repayment of the loan, and will continue to be the borrower’s liability and obligation forever.
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