Ndemnification Clause Samples
The indemnification clause requires one party to compensate the other for certain losses, damages, or liabilities that may arise in connection with the agreement. Typically, this clause specifies the types of claims covered, such as third-party lawsuits or damages resulting from a party's negligence or breach of contract, and outlines the process for making indemnity claims. Its core practical function is to allocate risk between the parties, ensuring that the party responsible for causing harm bears the financial consequences, thereby protecting the other party from unforeseen liabilities.
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Ndemnification. 3.1 The Registered Representative shall indemnify, defend, and hold harmless Private Client Services, any controlling person of the PCS, and its affiliates, from and against (i) all losses, claims, damages, proceedings, suits, and actions commenced against PCS, and (ii) all liabilities, expenses, and costs, relating to The Registered Representative activities including, but not limited to, any reckless acts, fraudulent acts, omissions or negligent acts involving or relating in any way to the sale of any security, advice to a customer or a breach of this Agreement by The Registered Representative.
3.2 PCS shall provide notice of any claim for indemnification to The Registered Representative. The Registered Representative shall promptly (but not later than ten days after written notice) compensate in cash PCS, for any losses or expenses of any nature referenced in paragraphs 3.1.
Ndemnification. The Contractor shall indemnify and hold harmless the District and the District's Board members, employees, representatives and agents from and against any and all liability arising from any suit, action, grievance, charge or proceeding brought in connection with or related to: (a) the C ; (b) provision of the Services patent or copyright; and/or (d) the conduct of any of employees, volunteers, agents or representatives. The indemnification and hold harmless obligation hereunder shall members, employees, representatives and/or agents in defense of said suits, actions, grievances, charges and/or proceedings. Nothing in this section 10.7 or otherwise in this Agreement shall be and protections under the Colorado Constitution or the Colorado Governmental Immunity Act.
Ndemnification. Axon will indemnify Agency’s, its officers, directorselected officials, and employees (“Agency Indemnitees”) against all claims, demands, losses, and reasonable expenses arising out of a third-party claim against an Agency Indemnitee resulting from any negligent act, error or omission, or willful misconduct by Axon under this Agreement, or arising out of a breach of this Agreement by Axon, except to the extent of Agency’s negligence or willful misconduct, or claims under workers compensation.
Ndemnification. (1) Host Member agrees to indemnify and hold harmless the Guest Member, members of the Guest Member’s family, and THIRDHOME against any and all claims, legal money damages, costs and other expenses including attorney fees, arising out of, or otherwise related to, any death, personal injury or illness arising out of the use of the property by Guest Member, Guest Member’s family or invitees of Guest Member, unless caused by the gross negligence or intentional misconduct of the Guest Member.
Ndemnification