Yahoo India Web Search

Search results

1. People also ask

   What does indemnification mean?

   • Indemnification, also referred to as indemnity, is an undertaking by one party (the indemnifying party) to compensate the other party (the indemnified party) for certain costs and expenses, typically stemming from third-party claims.

   Indemnification clauses in commercial contracts - Thomson Reuters

   legal.thomsonreuters.com/en/insights/articles/indemnification-clauses-in-commercial-contracts

   See all results for this question

   What is an indemnification clause?

   • Drafting and negotiating an efficient indemnification provision benefits both the indemnified and the indemnifying party. An indemnification clause may allow: The indemnified party to recover certain types of losses, such as attorney's fees, which are not typically recoverable under a common law cause of action.

   Indemnification clauses in commercial contracts - Thomson Reuters

   legal.thomsonreuters.com/en/insights/articles/indemnification-clauses-in-commercial-contracts

   See all results for this question

   What is an indemnity claim?

   • In an indemnity claim, one party, known as the Indemnifier, agrees to protect the other party, known as the Indemnity Holder, from any financial losses or expenses incurred due to the Indemnifier’s actions or those of a third party.

   Indemnification Clause In Indian Commercial Contracts - King Stubb & …

   ksandk.com/corporate/indemnification-clause-in-indian-commercial-contracts/

   See all results for this question

   What does triggering indemnification mean?

   • Here some definitions are in order: The specific event or circumstance triggering indemnification is the “indemnification event” or “trigger event.” The indemnifying party is the party agreeing to take responsibility for the indemnification event. The indemnified party is the party being relieved of that responsibility.

   Protect Clients from Losses with Indemnity Clauses | Clio

   www.clio.com/blog/indemnity-clause/

   See all results for this question

2. legal.thomsonreuters.com › en › insightsIndemnification Clauses in Commercial Contracts - Thomson Reuters

   legal.thomsonreuters.com › en › insights

   • Cached

   Indemnification, also referred to as indemnity, is an undertaking by one party (the indemnifying party) to compensate the other party (the indemnified party) for certain costs and expenses, typically stemming from third-party claims.

3. www.investopedia.com › terms › iIndemnity: What It Means in Insurance and the Law - Investopedia

   www.investopedia.com › terms › i

   • Cached

   Feb 25, 2024 · Indemnification, or indemnity, designates one party (the indemnifying party) as being required to compensate the other party (the indemnified party) for certain costs and expenses, typically ...

4. Videos

   • 

     3:29

     youtube.com

     WHAT IS THE DIFFERENCE BETWEEN INDEMNIFICATION AND INSURANCE?

     6 Apr 2022

     1.1K views

   • 

     investopedia.com

     What Is Indemnity Insurance? How It Works and Examples

     31 Dec 2008

   • 

     investopedia.com

     Indemnity: What It Means in Insurance and the Law

     31 Dec 2008

   View all

5. www.contractscounsel.com › b › indemnificationIndemnification: Understanding an Indemnification Clause

   www.contractscounsel.com › b › indemnification

   • Cached

   Indemnifications in legal terms are contractual provisions where one or both parties agree to compensate the other for any harm or loss resulting from damages caused by a third party. Insurance companies may require businesses to indemnify their vendors for liability coverage.

6. www.oflaherty-law.com › learn-about-lawWhat is Indemnification? Indemnification Clauses Explained

   www.oflaherty-law.com › learn-about-law

   • Cached

   Learn what indemnification clauses are, how they work, and why they are important for contracts. Find out the different types of indemnity clauses, the losses they cover, and the tips for drafting them.

7. www.reuters.com › practical-law-the-journalIndemnification Clauses in Commercial Contracts | Practical ...

   www.reuters.com › practical-law-the-journal

   • Cached

   May 1, 2024 · Summary. Indemnification is used for risk allocation. Indemnification may include defense obligation. Indemnified party is entitled to reimbursement for covered losses. Indemnification can...

8. ksandk.com › corporate › indemnification-clause-inIndemnification Clause In Indian Commercial Contracts

   ksandk.com › corporate › indemnification-clause-in

   • Cached

   Feb 1, 2023 · In an indemnity claim, one party, known as the Indemnifier, agrees to protect the other party, known as the Indemnity Holder, from any financial losses or expenses incurred due to the Indemnifier’s actions or those of a third party.

9. www.clio.com › blog › indemnity-clauseProtect Clients from Losses with Indemnity Clauses | Clio

   www.clio.com › blog › indemnity-clause

   • Cached

   Mar 7, 2024 · An indemnity clause is a contractual clause providing that one party is responsible for any losses or damages arising from a certain event or set of circumstances. In effect, the indemnity clause shifts the risk of that event occurring from the indemnified party to the indemnifying party. Benefits of an indemnity clause.