Indemnification definition

Indemnification means an agreement of indemnity or a release from liability where the intent or effect is to shift or limit in any manner the potential liability of the person or firm for failure to adhere to applicable auditing or professional standards, whether or not resulting in part from knowing of other misrepresentations made by the insurer or its representatives.
Indemnification means the indemnity payable under Clause IV of this Agreement.
Indemnification means Employer’s payment of a judgment or legal obligation that member incurred as a result of member’s duties for Employer.

Examples of Indemnification in a sentence

  • AFTER SUCH TIME PERIOD, THIS INDEMNIFICATION PROVISION WILL TERMINATE AND HAVE NO FURTHER FORCE OR EFFECT.

  • NO PROVISION OF THE CCA, OR THE CAREQUALITY CONNECTION TERMS, SHALL BE CONSTRUED AS AN INDEMNIFICATION REQUIREMENT FOR ANY IMPLEMENTER, INCLUDING BUT NOT LIMITED TO A FEDERAL AGENCY, THAT IS PRECLUDED BY LAW FROM INDEMNIFYING THIRD PARTIES.

  • THIS SECTION SHALL NOT BE CONSTRUED TO LIMIT ORACLE’S INDEMNIFICATION OBLIGATION OR YOUR EXCLUSIVE REMEDY FOR ANY INFRINGEMENT CLAIMS OR DAMAGES, LIABILITIES, COSTS OR EXPENSES UNDER SECTION 4 (ORACLE LINUX AND ORACLE VM INDEMNIFICATION) ABOVE.

  • NO PROVISION OF THE CCA, OR THE CAREQUALITY CONNECTION TERMS, SHALL BE CONSTRUED AS AN INDEMNIFICATION REQUIREMENT FOR ANY IMPLEMENTER OR CAREQUALITY CONNECTION, INCLUDING BUT NOT LIMITED TO A FEDERAL AGENCY, THAT IS PRECLUDED BY LAW FROM INDEMNIFYING THIRD PARTIES.

  • ANY CLAIM FOR INDEMNIFICATION UNDER THIS SECTION 11.2 MUST BE BROUGHT WITHIN ONE (1) YEAR OF DELIVERY OF THE INFRINGING DELIVERABLE.


More Definitions of Indemnification

Indemnification shall survive the termination or expiration of this Agreement.
Indemnification means indemnification of an owner or operator for the amount of judgment entered against the owner or operator in a court of law, for the amount of any final order or determination made against the owner or operator by any agency of State government or any subdivision thereof, or for the amount of any settlement entered into by the owner or operator, if the judgment, order, determination, or settlement arises out of bodily injury or property damage suffered as a result of a release of petroleum from an underground storage tank owned or operated by the owner or operator [415 ILCS 5/57.2].
Indemnification means indemnification of an owner or operator for a legally enforceable judgment entered against the owner or operator by a third party, or a legally enforceable settlement entered between the owner or operator and a third party, compensating that third party for bodily injury or property damage, or both, caused by an accidental release as those terms are defined in R 29.2163 of the Michigan Administrative Code.
Indemnification and "Indemnity" have correlating meanings.
Indemnification means indemnifying and holding harmless for all liability, expenses, damages, and costs.
Indemnification means in the event of a breach of this Section by the Contractor, the Contractor shall indemnify and hold harmless the State of Wisconsin and any of its officers, employees, or agents from any claims arising from the acts or omissions of the Contractor, and its Sub-contractors, employees and agents, in violation of this Section. This includes, but is not limited to, costs of monitoring the credit of all persons whose Confidential Information was disclosed, disallowances or penalties from Federal
Indemnification shall have the meaning as used in Section 5.7 hereof.