Permissible Indemnification Clause Samples

The Permissible Indemnification clause defines the specific circumstances under which one party agrees to compensate the other for certain losses or liabilities. Typically, this clause outlines the types of claims or damages that are covered, such as third-party lawsuits or breaches of contract, and may set limits on the amount or duration of indemnification. Its core practical function is to allocate risk between the parties by clearly stating when indemnification is allowed, thereby reducing uncertainty and potential disputes over responsibility for losses.