obligation to indemnify
Effingham County under this Section shall not be limited in any way by the
Put plainly, your policy's vendors coverage could conceivably oblige you to indemnify
your vendor against the consequences of conduct that you have made every effort to discourage.
The AMC could conceivably take the position that the appraiser is required to indemnify
the AMC for losses resulting from the AMC's own negligence--say, for instance, the AMC instructed the appraiser to appraise the wrong property.
For example, a comprehensive indemnification agreement should specify the situations in which the company must indemnify
you, mandate advancement of defense costs, provide for penalties against the company if it fails to honor its indemnification commitment, and require the company to obtain or maintain D & O insurance.
In Florida, general contractors often seek to require that their subcontractors indemnify
them for the negligence of the architect, owner, engineer, and the general contractor.
Schwartz told press at LinuxWorld: "I'm going to indemnify
my customers' products.
The next day, CBS agreed to what they had previously refused to do: indemnify
Wigand against a legal action by his former employer for breach of contract.
by Elf Atochem was therefore lawful from the start, and ICI is now to indemnify
Elf Atochem Italia for loss of revenue and for expenses resulting from the ban.
If possible the contract should indemnify
the nursing facility for any untoward acts or omissions.
To limit the likelihood of similar losses in the future, UGTIC has refined its agency selection, control and monitoring procedures, and also has purchased an agent's fidelity bond to indemnify
the company against any such loss in the future.
Where the group is unable to have the clause removed, however, it should insist that the clause also require the vendor to indemnify
The court dismissed this argument, stating the common-law rule of imputing the wrongful conduct of a corporation's directors and officers to the corporation applies for the purposes of determining the FDIC's obligation to indemnify
One proposal is to use the War Powers Act to indemnify
The CODA Premier Directors and Officers Liability Policy* form is designed to give comprehensive financial protection to directors and officers when their company fails to indemnify
them, or when traditional insurance programs fail to respond.
Their agreement to indemnify
this loss in line with their commitment to us, as policy has altered us to target our efforts on serving our customers.