Sentence examples for indemnity contract from inspiring English sources

'indemnity contract' is a correct and usable phrase in written English.
You would generally use it when referring to a legal contract that is designed to protect one party from another party's potential losses or damages. For example: "The company signed a mutual indemnity contract to protect them both from potential legal liability."

Exact(1)

Finally, we design an indemnity contract and conclude that the collector's maximum performance is achieved only when the transfer price equals to the indemnity.

Similar(59)

"They are really indemnity contracts, legally," said Armstrong, noting that any party may indemnify another party.

According to the indemnity calculation formula in the insurance contract (PICC 2011), the county annual LCR at year t is derived as follows: LCR_{t} = frac{{sumnolimits_{j = 1}^{N} {max left[ {{mu_{j}} - {y_{jt}},0} right]} }}{{sumnolimits_{j = 1}^{N} {mu_{j} } }}quad forall y_{jt} le C times {mu_{j}} (2) C is the crop insurance coverage level.

The principle of subrogation is complemented by another basic principle of insurance contract law, the principle of indemnity.

Assignment of indemnity is the transfer of rights to compensation under an insurance contract.

A separate claim against GSK for full compensatory damages is being discussed with the Department of Health, as the pharmaceutical company had an indemnity in their contract to provide Pandemrix to the government.

The total profit of the reverse supply chain under the indemnity contact is not less than that under the wholesale price contract.

The statute tends to assure, not to detract from, the indemnity of the contracts, and, if elements of chance or speculation intrude, it will be on ccount of carelessness or fraud.

He did not know if there was an indemnity clause in the contract for repayment of money if the diaries were proved to be fakes.

The group action will be brought against GSK, but Todd said the drug company had an indemnity clause in its contract to provide the vaccine which means government will ultimately foot the bill.

For years I've crossed out indemnity provisions in freelance contracts, and I did likewise for lacrosse.

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