You may be better served coupling the indemnity with specific representations and warranties, the breach of which will not only give rise to the indemnification
obligation but also provide a basis on which the entire contract or relationship may be terminated.
Lastly, "Limited Form" indemnification
only to the extent of the negligence of the other party.
The above example shows that companies will be required to disclose potential environmental liability at a very early stage of discovery-even before concluding insurance or third-party indemnification
is not available.
Bodson illustrated the combined impact of indemnification
and plenary access using the example of two British banks executing an interest rate swap in the U.
The 2004 lower court early judgment, which the Court of Appeals set aside yesterday, had found in favor of ADESF's requests, which sought indemnification
for "all the consumers of defendant's products" for moral and material damages attributed to tobacco, in addition to having the manufacturers include in the cigarette packages the warning already imposed by the Ministry of Health in 1999.
Both your company's bylaws and indemnification
agreements may be drafted to provide similar protection but, in the interest of simplicity, we focus only on indemnification
specifically includes any claims that may be made against DISTRICT by any taxing authority asserting that an employer-employee relationship exists between ACCOUNTANT and DISTRICT by reason of this Agreement, and any claims made against DISTRICT alleging civil rights violations by ACCOUNTANT under Government Code section 12920 et seq.
What NAMIC emphasized to the state regulators is that the Securities and Exchange Commission prohibits such indemnification
of the independent auditor by the client.
But third-party legal experts, who declined to comment on the WesCorp specifics but who did offer insights into how indemnification
and traditional directors and officers insurance are supposed to work, said that it is common for policies to have restrictions that invalidate any coverage after certain triggering events.
The case was originally filed as an indemnification
claim brought by Maria Aparecida da Silva at the 32nd Civil Court of Sao Paulo.
Peter Dawes-Huish, CEO says, "Open Source software comprises commercial and community versions, commercial where you pay for a structured development process, and have the reassurance of indemnification
and essential support.
Nevertheless, the transaction was characterized as a sale for financial accounting purposes, and Canal recorded no book liability for Canal's potential liability under the indemnification
Thus, if a hospital is entitled to indemnification
from any party it should being its action for indemnification
within the statutory period or lose it
Accounting for an income tax indemnification
arrangement depends upon whether the company is obligated to the taxing authority, the relationship between the parties and the type of transaction.
28, 2011 (TAP) - The indemnification
, decided by the Government, for martyrs' families and injured of the People's Revolution, continued on Friday in several regions of the country.