Insurance Indemnification definition

Insurance Indemnification the amount issued by the Insurer in the case of Insurance Event in compliance with the insurance conditions;

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Insurance Indemnification has the meaning ascribed to such term in Clause 6.3.

Insurance Indemnification actually paid by the Credit Insurer will be calculated as the Indemnification Basis multiplied by the applicable indemnification rate as specified in the Credit Insurance Policy.

Examples of Insurance Indemnification in a sentence

• Contractor shall ensure that all applicable provisions of this Contract (including those relating to Insurance, Indemnification, and Confidentiality) are included in all of its subcontracts.

• The Insurance, Indemnification, Confidentiality and Limitation of Liability sections will survive the expiration or termination of this Agreement, as well as any other provisions which, by their nature, are intended to survive termination of this Agreement.

• The sections Term, Termination, Insurance, Indemnification, Limitation of Liability, Governing Law, Jurisdiction, Consent to Suit, Dispute Resolution Procedure, Confidentiality, and Non-Solicitation, of this Agreement and the payment obligations described in any SOW shall survive the termination or expiration of the Agreement or SOW.

• A list of the Debtors with the Approval Limits delivered, a letter from the Credit Insurer stating the amount of the Insurance Indemnification paid or to be paid for the outstanding insurance period.

• State’s Right to Audit/Review; Compliance with Applicable Laws and Regulations; Fidelity Bond; Fiduciary Liability and Errors and Omission Insurance; Indemnification; Default and Termination.

• In the event of an actual or constructive total loss of the Aircraft, this Agreement shall terminate, except with respect to the provisions of this Agreement regarding Insurance, Indemnification, payment of fees and expenses to Manager pursuant to Section 5, and Termination, which shall survive the total loss of the Aircraft.

• In the event of a an actual or constructive total loss of the Aircraft, this Agreement shall terminate, except with respect to the provisions of this Agreement regarding Insurance, Indemnification, and Termination, which shall survive the total loss of the Aircraft.

• Provisions of this Order which by their nature should apply beyond their terms will remain in force after any termination or expiration of this Order including, but not limited to, the following provisions: Warranty, Setoff and Payment Terms, Indemnification, Labor Indemnification and Insurance, Indemnification, Compliance with Laws, Confidential Information, Taxes and Prices, Applicable Laws, and Survival.

• Each of the French Sellers’ rights to Insurance Indemnification under the Credit Insurance Policies shall be delegated to the Factor pursuant to the Credit Insurance Assignment Agreements.

• In the event that a University department or division is the sole User pursuant to this Agreement, then the provisions as to Insurance, Indemnification, and Additional Liability of User shall not apply.

More Definitions of Insurance Indemnification

Insurance Indemnification. The Contractor agrees that while performing services specified in this agreement he shall carry sufficient insurance (liability and/or other) as applicable according to the nature of the service to be performed so as to "save harmless" the State of Connecticut for any insurable cause whatsoever. If requested, certificates of such insurance shall be filed with the contracting State agency prior to the performance of services. Contractor hereby indemnifies and shall defend and hold harmless the State, its officers and its employees from and against any and all suits, actions, legal or administrative proceedings, claims, demands, liabilities, monetary loss, interest, attorney’s fees, costs and expenses of whatsoever kind or nature arising out of the performance of this agreement, including those arising out of injury to or death of Contractors employees or subcontractors, whether arising before, during or after completion of the services hereunder and in any manner directly or indirectly caused, occasioned or contributed to in whole or in part, by reason of any act, omission, fault or negligence of the Contractor or its employees, agents or subcontractors.

Insurance Indemnification. To the fullest extent permitted by law the VENDOR shall indemnify, hold harmless and defend the Ulster County Agricultural Society, County of Ulster, Cornell Cooperative Extension of Ulster County, and Family of Woodstock, Inc., its officers, directors, employees, agents and volunteers from and against any and all claims, demands or causes of action brought against any or all of them for any actual or alleged injury to any person or persons, including death, or damage to or destruction of property arising out of any act or omission on the part of VENDOR, its employees, agents or subcontractors and/or arising from VENDOR’S participation in the event..

Insurance Indemnification has the meaning ascribed to it in Article 5.3.1. (d).

Insurance Indemnification. You will be covered under the Company's Directors and Officers Liability policy. In addition, Utah corporation law and the Company's articles of incorporation and bylaws, each as amended, provide certain indemnification rights and limitation of liability for officers and directors of the Company performing their duties in good faith. In addition, the Company has entered into indemnification agreements with its Board and certain of its executive officers.