He is seeking indemnification, or protection from future lawsuits or damages, for Walsh.
It is an indemnification against failure," Sher says.
These fees include the purchase of additional Merle Norman products, delinquency fees, advertising co-op fees, annual Merle Norman soft upgrades and support, and indemnification, which is expenses and damages that you may incur from claims against your location.
Mr. Rattner appears to have paid the S.E.C.'s $6.2 million fine himself and is not seeking indemnification from Quadrangle.
Indemnification is a contractual agreement to reimburse someone for specific losses.
While the insurers minimized the likelihood of former owners dispossessing new buyers, a little indemnification is clearly lessening their worries.
This indemnification is subject to regular renewal, however, and is due to expire at the end of the year.Then there is the question of vehicle certification.
"Because he succeeded on each federal charge brought against him, Aleynikov is entitled to indemnification for the reasonable fees and expenses incurred in his defense".
The indemnification is based on what the cable operators serving the inner markets that are closest to New York City do, along with DirecTV.
