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Letter Of Indemnity Form

Letter Of Indemnity Form Template for Switzerland

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Key Requirements PROMPT example:

Letter Of Indemnity Form

"I need a Swiss-law Letter of Indemnity Form for our banking subsidiary to indemnify our parent company against any losses arising from foreign exchange transactions conducted between January 2025 and December 2025, with a liability cap of 10 million CHF."

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Document background
The Letter of Indemnity Form is a critical legal instrument in Swiss commercial practice, commonly used to provide security and risk allocation between parties in various business transactions. This document type is particularly relevant when one party needs to protect another against specific risks or potential losses, such as in trading, shipping, or financial transactions. Under Swiss law, these forms must be carefully drafted to ensure compliance with the Code of Obligations and related regulations. The Letter of Indemnity Form typically includes specific details about the scope of protection, duration, conditions for claims, and any limitations on liability. It's especially common in international trade and banking transactions where Swiss law is chosen for its reliability and well-established commercial law framework.
Suggested Sections

1. Letter Header: Date, recipient details, and reference line

2. Opening Statement: Formal salutation and identification of parties (Indemnifier and Indemnitee)

3. Background Context: Brief explanation of the circumstances necessitating the indemnity

4. Indemnity Statement: Clear and specific statement of the indemnity obligation, including scope and limitations

5. Time Period: Duration of the indemnity protection

6. Governing Law: Explicit statement of Swiss law application

7. Signature Block: Execution section with date and signature lines

Optional Sections

1. Consideration Statement: Include when there is specific consideration being provided for the indemnity

2. Definitions: Include when technical terms or complex concepts need defining

3. Claims Process: Include when specific procedures for making claims need to be detailed

4. Limitations of Liability: Include when specific caps or exclusions to the indemnity need to be defined

5. Notice Provisions: Include when specific notification requirements for claims need to be detailed

6. Assignment Clause: Include when transfer rights need to be addressed

7. Dispute Resolution: Include when specific dispute resolution procedures are required

Suggested Schedules

1. Schedule of Specific Events: Detailed list of events or circumstances covered by the indemnity

2. Schedule of Excluded Events: List of specific exclusions from the indemnity coverage

3. Supporting Documents: Relevant background documents referenced in the letter

4. Proof of Authority: Evidence of signatory's authority to provide the indemnity

5. Insurance Certificates: If relevant, copies of insurance policies backing the indemnity

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions






























Clauses


























Relevant Industries

Banking & Financial Services

International Trade

Shipping & Logistics

Manufacturing

Insurance

Commercial Real Estate

Construction

Commodities Trading

Pharmaceutical

Professional Services

Relevant Teams

Legal

Risk Management

Compliance

Finance

Treasury

Operations

Commercial

Insurance

Corporate Secretariat

Trade Finance

Business Development

Shipping & Logistics

Relevant Roles

Legal Counsel

Risk Manager

Compliance Officer

Trade Finance Manager

Corporate Secretary

Chief Financial Officer

Operations Director

Commercial Director

Contracts Manager

Treasury Manager

Insurance Manager

Company Director

General Counsel

Business Development Manager

Shipping Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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