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.

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

• The Confidentiality, Non-Solicitation, Mutual Indemnification, Arbitration, Injunctive Relief and Limitation on Liability provisions shall survive the termination of this Agreement.

• ConRes Indemnification: ConRes agrees to indemnify and hold Customer harmless from any liability for infringement of any patent, copyright or trademark rights or other intellectual property rights of third parties which result from the sale of ConRes Products.

• The provisions of this Article, "Limitations of Liability and Indemnification" shall survive the termination or expiration of this Agreement or the ISO Tariffs.

• Surviving terms include but are 4 not limited to: Financial Terms and Conditions, Single Audit Act, Contract Performance and 5 Enforcement, Confidentiality of Individual Information, Resolution of Disputes, 6 Indemnification, Oversight Authority, Maintenance of Records, Ownership of Materials and 7 Contract Administration Warranties and Survivability.

• You further expressly agree that this Assumption of Risk, Release, Waiver of Liability, and Indemnification is intended to be as broad and inclusive as permitted by law, that you are aware of Section 1542 of the California Civil Code, and that you expressly agree to waive the protections, rights, and benefits you may have under Section 1542 relating to this Assumption of Risk, Release, Waiver of Liability, and Indemnification.

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 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 means indemnifying and holding harmless for all liability, expenses, damages, and costs.

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 Sub-contractors, employees and agents, in violation of this Section. This includes, but is 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 and "Indemnity" have correlating meanings.

Indemnification shall have the meaning as used in Section 5.7 hereof.