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- INDEMNIFY Definition Meaning - Merriam-Webster
Again, let's look at auto insurance, which indemnifies the holder against loss If a policy-holder's car is wrecked, the insurance company sends him a check for the value of the car …
- INDEMNIFY Definition Meaning | Dictionary. com
INDEMNIFY definition: to compensate for damage or loss sustained, expense incurred, etc See examples of indemnify used in a sentence
- What Does Indemnify Mean in Law and Contracts? - LegalClarity
Pushing for mutual indemnification — where each party indemnifies the other for its own negligence — creates a more balanced agreement Carve-outs: Even when a contract caps general liability, certain obligations like indemnification and confidentiality breaches are frequently carved out and left uncapped
- INDEMNIFY | English meaning - Cambridge Dictionary
INDEMNIFY definition: 1 to pay or promise to pay someone an amount of money if they suffer damage or loss: 2 to… Learn more
- INDEMNIFY definition and meaning | Collins English Dictionary
Definition of 'indemnify' indemnify (ɪndemnɪfaɪ ) Word forms: indemnifies , indemnifying , indemnified verb
- ‘Indemnify, Defend, and Hold Harmless’: What Does It Really Mean?
An indemnification provision serves as a contractual remedy to redress a party’s (or third party’s) financial loss suffered as a result of a claim, breach, or some other event or condition set forth in the provision Indemnification serves as a risk allocation mechanism derived originally from insurance law Each term—“indemnify,” “defend,” and “hold harmless”—has a
- Indemnifies - definition of indemnifies by The Free Dictionary
Define indemnifies indemnifies synonyms, indemnifies pronunciation, indemnifies translation, English dictionary definition of indemnifies tr v in·dem·ni·fied , in·dem·ni·fy·ing , in·dem·ni·fies 1 To protect against damage, loss, or injury; insure 2 To make compensation to for damage, loss,
- indemnify verb - Definition, pictures, pronunciation and usage notes . . .
indemnify somebody (against something) to promise to pay somebody an amount of money if they suffer any damage or loss The contract indemnifies them against loss of earnings
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