Dictionary indemnification

Author: trna

August undefined, 2024

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 ... 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, …

Indemnification - Definition, Meaning & Synonyms Vocabulary.com

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

indemnify Wex US Law LII / Legal Information Institute

Webindemnity. an undertaking by one person to make good losses suffered by another. Frequently confused with guarantee, an indemnity is a primary obligation that is … 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 … 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 … simple heart dissection

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

Indemnity Definition & Meaning - Merriam-Webster

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. 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 … rawls citizenship and educationWebIndemnification is a contractual obligation by one party to pay or compensate for the losses or damages or liabilities incurred by another party to the contract or by some third person. Black’s Law Dictionary defines hold harmless as … simple heart knitting pattern

"Webindemnified; indemnifying 1 : to insure or protect against loss, damage, or injury 2 : to give something in order to make up for loss, damage, or injury indemnify victims of a disaster indemnification -ˌdem-nə-fə-ˈkā-shən … " - Dictionary indemnification

Dictionary indemnification

Advanced Indemnification Provision Topics and Drafting Tips

WebNov 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 … Webnoun 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 …

Did you know?

WebMar 27, 2024 · Indemnification definition: an indemnifying or being indemnified Meaning, pronunciation, translations and examples WebAug 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 …

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 … WebWhat does indemnification mean? Indemnification is the act of providing protection or security against potential damages or loss or compensating someone for damages or …

WebJan 10, 2012 · INDEMNIFICATION AGREEMENT . THIS AGREEMENT is effective January 10, 2012, between Concho Resources Inc., a Delaware corporation (the “Corporation”), and the undersigned director or officer of the Corporation (“Indemnitee”). ... represent costs or liabilities meeting the definition of “Expenses” herein. ... 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 …

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 … rawls church rd fuquay varina ncWebindemnify 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 simple heart health test rawls chapelWebDefinitions 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 … simple heart eyelinerWebTo 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, … rawls clothingWebApr 12, 2024 · Indemnity is a comprehensive form of insurance compensation for damages or loss. In this type of arrangement, one party agrees to pay for potential losses or … simple heartfulness practicesWebJul 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. simple heart healthy lunch ideas