Fully indemnify
Webverb (used with object), in·dem·ni·fied, in·dem·ni·fy·ing. to compensate for damage or loss sustained, expense incurred, etc. to guard or secure against anticipated loss; give …
Fully indemnify
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WebTHE BUSINESS AGREES TO INDEMNIFY, KEEP FULLY INDEMNIFIED AND HOLD HARMLESS SKYPE, THE SKYPE STAFF AND ITS AFFILIATES FROM ANY AND ALL CLAIMS, DAMAGES, LOSSES, LIABILITIES, COSTS AND EXPENSES BROUGHT OR MADE AGAINST OR INCURRED OR SUFFERED BY SKYPE, THE SKYPE STAFF … WebMay 26, 2014 · If I agree to indemnify you for something, whether it comes up once, twice or three times doesn’t matter: I’ve agreed to indemnify you for it. And if I don’t fully …
WebSep 26, 2024 · To agree to indemnify another party means you are agreeing to compensate that party for the losses and damages outlined in the contract. For example, let’s say a farmer rents equipment from a rental company and signs an agreement in which he agrees to the following: WebOct 30, 2024 · Indemnity insurance is an insurance policy designed to protect professionals and business owners when they are found to be at fault for a specific event such as misjudgment. Typical examples of ...
Webindemnify verb [ T ] uk / ɪnˈdem.nɪ.faɪ / us / ɪnˈdem.nə.faɪ / finance & economics formal or specialized to 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 covered by the insurance. WebOct 28, 2024 · In most cases, the requirement to indemnify must be contained in a written contract between the parties. However, in some states parties may be required to pay for …
Webverb [ T ] uk / ɪnˈdem.nɪ.faɪ / us / ɪnˈdem.nə.faɪ /. finance & economics formal or specialized. to pay or promise to pay someone an amount of money if they suffer damage or loss: In …
WebApr 15, 2024 · the indemnity requires a consumer or small business to indemnify a counterparty for losses that are not within the reasonable control of the consumer or small business or may have been caused by the counterparty; the consumer or small business does not have the benefit of a similar indemnity; scarf handmade jewelery ideasWebMay 26, 2014 · It suggests that an obligation to indemnify is somehow a wasting asset. I don’t see how that could make sense. If I’m missing something, please let me know. Indemnification About the author Ken Adams is the leading authority on how to say clearly whatever you want to say in a contract. ruger 1022 takedown best accessoriesWebindemnify 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 … scarf hanger ideasWebThe Renter hereby agrees that he/she shall fully indemnify the Owner for any and all damage to or loss of the rented property and any accessories or related equipment during the term of this Agreement whether caused by fire, theft, flood, vandalism, or any other cause, except that which shall be determined to have been caused by a fault scarf hangerWebApr 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... Indemnity insurance is an insurance policy designed to protect professionals and … scarf halter top patternWebIndemnify means an undertaking to pay any damages, claim or taxed costs awarded by a court or agreed to by the municipality in terms of a formal settlement process; Company … ruger 10 22 takedown liteWebFor example, the term "indemnify" is used when a business hopes to protect itself against claims from a customer's error, while a hold harmless clause prevents a business from … ruger 10 22 takedown lite magpul backpacker