Dictionary indemnification

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August undefined, 2024

Webindemnify. v. to guarantee against any loss which another might suffer. Example: two parties settle a dispute over a contract, and one of them may agree to pay any claims which may … WebIndemnity - Wikipedia Indemnity 13 languages Edit Tools Not to be confused with Coprographia. A female Oriental latrine fly ( Chrysomya megacephala) feeds on feces Coprophagia ( / ˌkɒprəˈfeɪdʒiə /) [1] or coprophagy ( / kəˈprɒfədʒi /) …

Indemnity legal definition of indemnity - TheFreeDictionary.com

WebDefine The Indemnification. Demand shall state: (a) the amount of losses, damages or expenses to which the Indemnified Party has incurred or has suffered or is expected to incur or suffer to which the Indemnified Party is entitled to indemnification pursuant to Section 9.1 or Section 9.2, as applicable; (b) the nature of the event or occurrence which entitles … WebLaw dictionary Indemnification — In*dem ni*fi*ca tion, n. 1. The act or process of indemnifying, preserving, or securing against loss, damage, or penalty; reimbursement of loss, damage, or penalty; the state of being indemnified. [1913 Webster] Indemnification is capable of some … The Collaborative International Dictionary of English gaston nc post office hours

Indemnification: Everything You Need to Know - UpCounsel

Webindemnification noun [ U ] uk / ɪnˌdem.nɪ.fɪˈkeɪ.ʃ ə n / us / ɪnˌdem.nə.fəˈkeɪ.ʃ ə n / finance & economics formal or specialized the act of paying or promising to pay someone an … WebDefine Indemnification Assets. means any indemnification right or claim of the Acquired Companies or Related Consolidated Entities recognized as a Current Asset under the Accounting Principles and which represents a claim of Seller or any of the Acquired Companies or Related Consolidated Entities against third parties, but solely to the extent … WebIndemnity is protection or security against damage or loss, or compensation for damages or money spent. Insurance coverage provides indemnity to a person (or organization) by … davidson county nc district attorney

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Protection & Indemnity (P&I) trong hàng hải nghĩa là gì?

WebSecurity against loss, damage, or penalty; indemnification or compensation for loss or injury sustained. 1914 - Nuttall's Standard dictionary of the English language. By Nuttall, … WebJul 21, 2024 · What Is Indemnification? When an indemnification clause is inserted into a contract, it is meant to transfer risk between the contracted parties. In most cases, these clauses are used to make sure that a potential loss will be compensated. davidson county nc emsWebNov 4, 2024 · 1. The action of compensating for loss or damage sustained. 2. The compensation so made. In terms of the frequency with which those terms occur in … gaston nc rod

"WebIn contract law, an indemnity is a contractual obligation of one party (the indemnitor) to compensate the loss incurred by another party (the indemnitee) due to the relevant acts … " - Dictionary indemnification

Dictionary indemnification

What Does “Defend, Indemnify and Hold Harmless” Mean?

Webindemnify v. to guarantee against any loss which another might suffer. Example: two parties settle a dispute over a contract, and one of them may agree to pay any claims which may arise from the contract, holding the other harmless. (See: hold harmless) Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved. indemnify WebDefine CROSS INDEMNIFICATION. Each party to this Agreement agrees to indemnify and hold the other party (the "non-breaching party") harmless against every loss, cost, damage or expense (including reasonable attorney's fees and expenses) incurred by the non-breaching party as a result of any breach by the other party of the terms of this …

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Webindemnification. noun. Something to make up for loss or damage: amends, compensation, indemnity, offset, quittance, recompense, redress, reimbursement, remuneration, …

WebWhat does indemnify mean? To indemnify is to insure someone against potential damages or loss or to compensate someone for damages or money spent. Insurance coverage ind … Webdefinition. Indemnification Reserve means the Indemnification Shares. Indemnification Reserve is defined in Section 7.9. Indemnification Reserve means a reserve established by the Trustee from the Liquidating Trust Assets to satisfy any obligations that the Debtors may have under Section 11.3 of the PSA to indemnify the Purchasers.

WebApr 12, 2024 · Indemnity is a comprehensive form of insurance compensation for damages or loss. When the term indemnity is used in the legal sense, it may also refer to an exemption from liability for... Webto pay or promise to pay someone an amount of money if they suffer damage or loss: In return for a premium, the underwriter agrees to indemnify the insured against losses …

WebTừ điển dictionary4it.com. Qua bài viết này chúng tôi mong bạn sẽ hiểu được định nghĩa protection & Indemnity (P&I) là gì.Mỗi ngày chúng tôi đều cập nhật từ mới, hiện tại đây là bộ từ điển đang trong quá trình phát triển cho nên nên số lượng từ hạn chế và thiếu các tính năng ví dụ như lưu từ vựng, phiên ...

Webindemnity noun [ C or U ] uk / ɪnˈdemnəti / us plural indemnities INSURANCE protection against possible damage or loss, or the money paid if there is damage or loss: … davidson county nc election results 2022Webnoun in· dem· ni· fi· ca· tion in-ˌdem-nə-fə-ˈkā-shən Synonyms of indemnification 1 a : the action of indemnifying b : the condition of being indemnified 2 : indemnity sense 2b … davidson county nc emergency managementWebDefinitions of indemnification. noun. an act of compensation for actual loss or damage or for trouble and annoyance. see more. noun. a sum of money paid in compensation for … davidson county nc food stamp applicationWebDefinitions of indemnification noun an act of compensation for actual loss or damage or for trouble and annoyance see more noun a sum of money paid in compensation for loss or injury synonyms: amends, damages, indemnity, redress, restitution see more VocabTrainer™ Think you know valor? Answer a question to start your personalized … gaston nc county dssWebDefine indemnity. indemnity synonyms, indemnity pronunciation, indemnity translation, English dictionary definition of indemnity. n. pl. in·dem·ni·ties 1. Security against damage, loss, or injury. 2. An exemption from liability for damages resulting from … davidson county nc foreclosure pdfWebnoun Definition of indemnification as in damages payment to another for a loss or injury that insurance company is known to be slow when processing claims for … davidson county nc foreclosure homesWebAug 27, 2015 · What is Indemnity. While the term indemnify is a verb, referring to the act of compensating someone for loss, the term indemnity is a noun, referring to the agreement or guarantee to compensate someone in the event loss occurs. Indemnity is commonly included as a clause in contracts in which the actions or mistakes of one party may result … gaston nc property tax