Examples of Indemnifier in a sentence
Dealing with claims If a Beneficiary is notified of a Claim then it must notify the Indemnifier as soon as reasonably practical and no later than 10 Working Days.
The Indemnitee must provide the Indemnifier with all known information available to the Indemnitee relating to the claim or action.
The Indemnifier shall not settle any claim or action without the prior written consent of the Indemnitee.
If the Indemnifier pays the Beneficiary money under an indemnity and the Beneficiary later recovers money which is directly related to the Claim, the Beneficiary must immediately repay the Indemnifier the lesser of either: the sum recovered minus any legitimate amount spent by the Beneficiary when recovering this money; or the amount the Indemnifier paid the Beneficiary for the Claim.
Where, Indemnifier seeks to minimize any hardship the Indemnitee might suffer as the result of any personal liability, claim, suit, action, loss, or damage that may result from the Indemnitee’s participation in the Activity.