The phrase "an indemnification for" is correct and usable in written English.
It can be used in legal or formal contexts when discussing compensation or protection against loss or damage.
Example: "The contract includes an indemnification for any damages incurred during the project."
Alternatives: "a compensation for" or "a protection against".
Mr. Weiss may receive an "indemnification" for the painting, she said, although the sum of such a payment remains a matter for discussion.
"Advent would contribute additional capital to the business over a three-year period, and Walmart would provide an indemnification for pre-closing tax and legal contingencies, as well as certain other matters," Walmart added.
We, as A.C. Milan, will claim an indemnification from U.S. Soccer.
Called directors and officers (D&O) insurance, these policies, offered by companies such as American International Group, Chubb and Ace Limited, are designed to provide reimbursement of costs incurred in defending a claim and indemnification for any judgment or settlement in a case.
Next, he said, any permission granted to the owners of the adjacent building should be put in writing and include an indemnification agreement providing that the co-op will be held harmless for any liability that could arise.
Virtually every publicly traded corporation has an indemnification provision in its corporate articles requiring it pay the lawyers for its officers and directors who may be accused of a violation, and in most cases those costs must be advanced during the course of an investigation or prosecution.
The official terms of use for Skype, the popular phone and messaging service, also include an indemnification clause.
Finally, it wanted to move within the region without paying the Knicks an indemnification fee.
In Indiana, for example, a trial court held that a gas station operator and his helper had to pay to defend an oil company for its own negligence in injuring them with gasoline, a ruling based in part on an indemnification clause.
Suing the big bad corporation for its misdeeds, you might say, is the old Kurosawa revenge plot with a non-violent twist: instead of laying waste to the castle for ruining the villagers, the hero invades it in order to bring them back an indemnification check.
Countrywide itself is paying $20 million of Mr. Mozilo's $67.5 million payment as part of an indemnification agreement he has with the company.
