Crafting Enforceable Indemnity Clauses for Commercial Leases
By Larry M. Centanni, Esq. When it comes to indemnification, or “hold harmless,” clauses in New Jersey commercial leases, there can be some real challenges. Oftentimes, parties to a commercial lease will make an effort to interpret an indemnification clause to their benefit should a legal issue arise. Properly constructing an indemnification clause ahead of […]
Commercial Leases: What in the World is an Indemnity Clause?
Whether you’re a commercial landlord or tenant, you may be confused. As you read through the lease agreement, you find language that’s somewhat foreign to you. Understandably, you can’t help but wonder. What in the world is an indemnity clause? For the most part, the indemnity clause almost always pairs with a promise to defend. […]