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Keywords:

unsecured,environment,agreement,indemnity

Description:

This is an unsecured environmental indemnity agreement for a commercial loan secured by real property. Any time a lender is loaning money to someone for construction or development of real property that is securing the loan, it is a good idea for that lender to have an environmental indemnity agreement, which makes the borrower liable for any environmental problems that they create on the property, or that are created by others. This is a good form. Its exhaustive. It is seven pages, and includes fill in the blank forms for names, dates and amounts. It is set up to be between two corporations, but can be easily modified to be between two individuals, etc. It is in Word format.