- Indemnification: Understanding an Indemnification Clause
An indemnification clause ensures that you don’t face civil damages in several legal situations In this article, we discuss indemnification, how it works in legal contracts, different types of indemnification, examples, and more
- Indemnification - Definition, How it Works, Importance
Indemnification is a legal agreement by one party to hold another party blameless – not liable – for potential losses or damages
- What is Indemnification? A Comprehensive Guide | UpCounsel
What does indemnification mean in company law? In company law, more often referred to as business law, indemnification refers to the process of a company agreeing to compensate its officers, directors, and employees for certain liabilities or legal costs that arise from the company’s actions
- What Does Indemnification Mean in Contract Law? | LegalMatch
Indemnification, also called indemnity, is an implementation by one party (the indemnifying party) to pay the other party (the indemnified party) for specific expenditures and costs, generally originating from third-party lawsuits
- Indemnify Examples, Processes - Legal Dictionary
To protect someone, or some entity, from loss, damages, or injury that may occur in the future To compensate someone, or some entity, for loss, damages, or injury Origin 1605-1615 Latin indemni
- What Is Indemnification? - American Legal Journal
When parties enter into a contract, they often include an indemnification clause to protect one or both parties from potential financial losses and cost implications
- indemnify | Wex | US Law | LII Legal Information Institute
To indemnify, also known as indemnity or indemnification, means compensating a person for damages or losses they have incurred or will incur related to a specified accident, incident, or event
- INDEMNIFICATION Definition Meaning - Merriam-Webster
The meaning of INDEMNIFICATION is the action of indemnifying
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