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Affidavit And Indemnity - Legal Draft

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Category : Agreements Contract Law

BY____________________FAVOUR

OF____________________I,

_______________ aged __ years, do hereby solemnly declare and say as follows:-1. That I am employed

with____________________. (Hereinafter referred to as "the bank").2. That the Bank has

presently taken residential premises being Situated at ______________ known as

_________________(hereinafter referred to as "the said premises")

situate at---________________from _______________ on leave and license basis

for the purpose of providing residential accommodation for me and my immediate

family members.3. At my request, the

Bank has permitted me to use the premises as per terms and conditions of the

Agreement dated __________________, as perquisite to my service.4. I do hereby declare,

agree and undertake that:-5. I shall vacate the

said premises on the expiry or earlier determination of the said leave and

license agreement dated ___________________ .I

shall use the premises only for the purpose of residence of myself and I shall

not part with the possession of the premises or any part thereof to any one

else.I

shall not commit any breach of any of the terms and conditions of the Agreement

under which the Company has taken possession of the premises.I

confirm that I am aware of the terms and conditions of the Agreement under

which the company has acquired the said premises on leave and licence basis.I

confirm that on happening of any of the following events, _____________shall be

at liberty to demand and take possession of the said premises and I shall

indemnify and keep ________________ indemnified against any loss or damage

which __________________ may suffer or incur due to my non-compliance,

intentioned or otherwise, with any of the following:-i.

For

not vacating the premises on termination of my employment with the company for

any reasons whatsoever (whether any retirement, resignation or otherwise).ii.

For

not vacating the premises on my services being transferred from Mumbai to any

place outside Mumbai.1.2.3.4.5.6. On my committing

breach of any of the terms and conditions of the Agreement under which the

company holds the premises.7. I further declare

that the undertaking and assurance given by me in paragraph 4(d) above is and

shall be binding on my family, my heirs, administrators, executors and legal

representatives and any person staying in the said premises at the time of my

death.8. In the event of my

committing any breach of any of the terms and conditions under which I have

been allowed to use the premises ______________ shall be entitled without

prejudice to his other rights to take such legal action of proceedings against

me including criminal proceedings as ______________________ may lawfully be

advised.9. This

undertaking-cum-indemnity shall be binding on me till I am occupying the said

premises.10. I confirm that what

has been stated hereinabove is true to my own knowledge and that on the basis

of the declaration made by me herein ___________________has permitted the bank

the use of the premises.Solemnly

declared by the aforesaidOn

this ____ day of ___________, 200Sworn

Before me,Dated

this ___ day of _____ 200


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