Indemnification claim should be drafted to cover the specific claim.
Paonessa brought a cross action against the Commonwealth for indemnification in the event it should be held liable to Chase.
We have total releases and indemnifications, and everything is as it should be.
Indemnification provisions in the company's charter and/or executive employment agreements should be reviewed to ensure that they reflect the parties' intentions with respect to indemnification of executive officers for this potential liability.
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.
They showed examples of how the logic of contract structure, the actors involved, and clauses such as contract duration and indemnification can be visualized, as well as explaining why this should be done.
Or if in consequence of a loss of the present question, a proportional vote in the Senate should be reinstated as has been urged as the indemnification the permanency of the Senate will remain the same.--If the right to originate be vested exclusively in the House of Reps.
One principle in the document is that the ability of general partners to claim indemnification for breach of their obligations to the limited partners, known as fiduciary duties, should be cut back.
The lawsuit states that JPMorgan seeks to recover "substantially in excess of a billion dollars of indemnification," and that $2.75 billion of assets it says remain in the Washington Mutual receivership "should be sufficient" to satisfy its claims.
It should be kept in mind that, to the extent a buyer can bring a fraud claim for a misrepresentation of the seller, the claim will not be subject to the caps, deductibles, baskets, timeframes or procedural restrictions set forth by the parties in the sale agreement with respect to indemnification for breaches of representations.
