Report Indemnification Sample Clauses
The Report Indemnification clause requires one party to compensate the other for losses or damages arising from inaccuracies, omissions, or misrepresentations in reports provided under the agreement. Typically, this means if a party submits a report containing false or incomplete information, and the other party suffers harm as a result, the responsible party must cover those losses. This clause serves to allocate risk and encourage accuracy in reporting, ensuring that parties are protected from the negative consequences of relying on faulty information.
Report Indemnification. Each LifeVantage Distributor agrees never to assert any claim of any nature against LifeVantage, including its officers, directors, employees and LifeVantage contractors, that arises out of or which is in any way connected with the presentation, compilation, development, publication and dissemination by LifeVantage of the Information including, but not limited to, a claim for lost profits, bonuses, commissions and loss of opportunity. This agreement on the part of each LifeVantage Distributor extends to any act or omission to act by LifeVantage such as, but not limited to, the inaccuracy, incompleteness, inconvenience, delay, or loss of the use of the Information. However, this Section 12.4.2 does not apply to claims that may arise as a result of intentional misconduct or reckless disregard of the rights of LifeVantage Distributors on the part of LifeVantage.
Report Indemnification. Independent Consultant agrees never to assert any claim of any nature against SoulLife, including its officers, directors, employees and independent contractors, that arises out of or which is in any way connected with the presentation, compilation, development, publication and dissemination by SoulLife of the Information including, but not limited to, a claim for lost profits, bonuses, commissions and loss of opportunity. This agreement on the part of each Independent Consultant extends to any act or omission to act by SoulLife such as, but not limited to, the inaccuracy, incompleteness, inconvenience, delay, or loss of the use of the Information. However, this Section 13.5.2 does not apply to claims that may arise as a result of intentional misconduct or reckless disregard of the rights of Independent Consultants on the part of SoulLife.
Report Indemnification. Each LifeVantage Consultant agrees never to assert any claim of any nature against LifeVantage that arises out of or which is in any way connected with the presentation, compilation, development, publication and dissemination by LifeVantage of the Information including, but not limited to, a claim for lost profits, bonuses, commissions and loss of opportunity. This agreement on the part of each LifeVantage Consultant extends to any act or omission to act by LifeVantage such as, but not limited to, the inaccuracy, incompleteness, inconvenience, delay, or loss of the use of the Information. However, this Section 12.4.2 does not apply to claims that may arise as a result of intentional misconduct or reckless disregard of the rights of LifeVantage Consultants on the part of LifeVantage.