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.

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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

• Any such termination shall be without liability of any party to any other party except that the provisions of Section 9 (Payment of Expenses), Section 11 (Indemnification and Contribution), Section 12 (Representations and Agreements to Survive Delivery), Section 18 (Governing Law and Time; Waiver of Jury Trial) and Section 19 (Consent to Jurisdiction) hereof shall remain in full force and effect notwithstanding such termination.

• Indemnification: Unless otherwise required by law, you agree to indemnify, defend, and hold Firstrade, its affiliates, and their representatives (collectively, “Indemnified Parties”) harmless from any losses arising from: (i) noncompliance with this agreement, (ii) third-party actions related to your use of Firstrade’s data or services, (iii) any misrepresentation by you or your agent, (iv) Firstrade following or not following your or your agent’s directions, and (v) activities related to your account.

• In signing the Fee Agreement and Indemnification, the applicant consents to reimburse LAFCo for all costs incurred in processing, including pre- application assistance.

• Such indemnification obligations as described in this Section 9 (Indemnification) will not be subject to the limits described in Section 8 (Limitation of Liabilities; Disclaimer) of this Agreement.

• Indemnification – A common clause contained within most lease agreements, this section is used to protect the landlord from any legal liability concerning the injury of any tenants or guests that may occur on the premises, as well as any damage to their personal property.

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 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 Subcontractors, employees and agents, in violation of this Section, including but not limited to costs of monitoring the credit of all persons whose Confidential Information was disclosed, disallowances or penalties from Federal oversight agencies, and any court costs, expenses, and reasonable attorney fees, incurred by the State in the enforcement of this Section.

Indemnification means the indemnification provision set forth in Article X.E hereof.

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.