Lgsi Equipment, Inc of Wyoming

Website
12755 E 9 Mile Rd
Warren, MI 48089
https://contracts.justia.com

Universal Logistics Holdings Inc. is a Michigan-based corporation that provides indemnification and guarantees payment to its partners, exemplified by its agreement with Ford Motor Company. This unconditional agreement ensures that Ford is protected from any losses arising from a sublease related to a facility in Haywood County, Tennessee, particularly in the event of bankruptcy of its partner, Universal Development of Tennessee LLC.

The company's Limited Indemnity Agreement is designed to cover a wide range of potential damages and expenses, reinforcing its commitment to safeguarding its business relationships. Governed by Michigan law, the agreement underscores Universal Logistics Holdings Inc.'s focus on fortifying financial responsibilities and obligations in its contractual engagements.

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