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What is an Indemnity Lease
Agreement? |

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An indemnity refers to the
obligation or duty resting on one person to make good any loss or
damage another has incurred by acting for his benefit; a contract by
one party to compensate for the damage caused by another.
The Indemnity Lease Agreement is
to be given to the Landlord by the Tenant's Principal
Shareholder(s). |
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