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Dictionary
the indemnification
noun
The act or process of indemnifying, preserving, or securing against loss, damage, or penalty.
Exact(23)
But the board found that the owners group had not yet satisfied the indemnification condition and denied the motion.
According to legal experts, the indemnification agreement covers all legal expenses, including but not limited to confidentiality agreements.
Mr. DeMarco and Mr. Pollard replied that refusing to honor the indemnification contracts would have resulted in additional legal bills because the executives would have sued.
Timothy J. Mayopolous, general counsel for Fannie Mae, testified that the board had undertaken a review of the indemnification policies at that time.
In fact, the Fed would have demanded that the indemnification provision be removed, as much as it guided the price per share paid in this transaction.
The indemnification is based on what the cable operators serving the inner markets that are closest to New York City do, along with DirecTV.
Similar(35)
But contrary to the company's recent policy in the U.S., the indemnifications are much lower than those paid by (or pledged to) U.S. citizens.
Second, by introducing the "marginal indemnification functions", we characterize the optimal reinsurance contracts.
In this paper, we propose to combine the Marginal Indemnification Function (MIF) formulation and the Lagrangian dual method to solve optimal reinsurance model with distortion risk measure and distortion reinsurance premium principle.
On Friday, the Bear board looked after itself, amending the Bear by-laws to enhance the director indemnification provisions to provide for advancement of expenses to these directors to aid them in defending against any lawsuits.
Are the expansive indemnification provisions provided by public companies really necessary, or do they allow executives to escape penalty for their wrongdoing?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com