Dictionary
to indemnification
noun
The act or process of indemnifying, preserving, or securing against loss, damage, or penalty.
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Exact(5)
Ms. Krawcheck's agreement, meantime, twice explicitly reserves her right to indemnification, while Mr. Price's raises the issue just once.
"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".
MORE executives, even at healthy companies, are seeking outside legal advice and asking about their rights to indemnification -- coverage of legal defense costs offered to corporate officers and directors.
The sellers themselves agreed that if Al Jazeera's right to indemnification exceeded the escrow fund, the sellers would not receive anything from it".
Andrew L. Deutsch, a partner of DLA Piper LLP, which represents Al Jazeera, said in the next few weeks, the network will provide a clear explanation of its position and right to indemnification from escrow funds. .
Similar(54)
"The seller has to give indemnification to buyers," Mr. Cornell said.
Claire's then turned around and filed a motion to require the mother to reimburse it pursuant to the indemnification agreement.
now requires the Pentagon to disclose indemnification clauses that hold military contractors harmless and to justify the agreements to Congress.
The act requires the Pentagon to disclose indemnification clauses that hold military contractors harmless and to justify the agreements to Congress.
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.
Due to DOE indemnification of its contractors, without some form of settlement being arrived at between the U.S. Justice Department and Rockwell the cost of paying any civil penalties would ultimately have been borne by U.S. taxpayers.
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CEO of Professional Science Editing for Scientists @ prosciediting.com