THEREFORE THIS DEED OF INDEMNITY WITHNESSETH AS FOLLOWS: I/We of M/s. do hereby indemnify M/s for all losses due to thefts, arson, pilferage, loss due to flood and inundation, shortage, deterioration and depreciation etc. through any act of Man or God or slump in the Market of any or all the materials financed or paid by the Employer on our request for financing payment against material. I/We_________________________ indemnify ________________________ against any or all claims, action damages arising out of or resulting to the said material. I/We further declare that we will faithfully abide by the above declaration and solemnly affirm that we will not remove, sell, pilferage any of the materials against which M/s has paid us such a secured advance and will not pledge the same with any Bank, Finance Corporation, Firm, Company, Individual or the like agency or create any change whereon in any from what so ever. I/We do hereby also declare that in the event of my/our infringement of the declaration made above _______________ will be entitled to forfeit all such material and also proceed against me/usaccording to the relevant clause pertaining to breach of contract and further invoke the power or seek any remedies secured of _________________ under the contract Agreement signed with us or otherwise available under law. Place__________________ Dated _____________________________ Contractor _________________________ FEDERATION INTERNATIONAL DES INGENIEURS-CONSEILS CONDITIONS OF CONTRACT FOR WORKS OF CIVIL ENGINEERING CONSTRUCTION PART I GENERAL CONDITIONS
THEREFORE THIS DEED OF INDEMNITY WITHNESSETH AS FOLLOWS: I/We of M/s. do hereby indemnify M/s for all losses due to thefts, arson, pilferage, loss due to flood and inundation, shortage, deterioration and depreciation etc. through any act of Man or God or slump in the Market of any or all the materials financed or paid by the Employer on our request for financing payment against material. I/We_________________________ indemnify ________________________ against any or all claims, action damages arising out of or resulting to the said material. I/We further declare that we will faithfully abide by the above declaration and solemnly affirm that we will not remove, sell, pilferage any of the materials against which M/s has paid us such a secured advance and will not pledge the same with any Bank, Finance Corporation, Firm, Company, Individual or the like agency or create any change whereon in any from what so ever. I/We do hereby also declare that in the event of my/our infringement of the declaration made above _______________ will be entitled to forfeit all such material and also proceed against me/usaccording to the relevant clause pertaining to breach of contract and further invoke the power or seek any remedies secured of _________________ under the contract Agreement signed with us or otherwise available under law. Place__________________ Dated _____________________________ Contractor _________________________ FEDERATION INTERNATIONAL DES INGENIEURS-CONSEILS CONDITIONS OF CONTRACT FOR WORKS OF CIVIL ENGINEERING CONSTRUCTION PART I GENERAL CONDITIONS
TD-HS-BS-2014-15-04-Gwadar.docx