Your company may purposefully have refused to indemnify
vendors in respect of certain categories of claims.
Some states' new AMC laws prohibit AMCs from requiring an appraiser to indemnify
them for their own wrongdoing.
Your company may not be legally permitted to indemnify
A subcontractor on a public works project can only be required to indemnify
the general contractor with whom it contracts, and the general contractor's officers and employees, for the acts of the subcontractor and its lower tier subcontractors and suppliers.
Sun will also indemnify
customers using Linux distributed with its servers and, according to Schwartz.
BP agreed to indemnify
Cameron for claims other than fines, penalties or punitive damages.
Subcontractor shall indemnify
and hold harmless contractor from all damages, losses, or expenses, including attorney's fees, from any claims or damages for bodily injury .
The coverage is triggered when a company is prevented by law from indemnifying its directors, fails or refuses to do so, or is unable to indemnify
because it has Filed for bankruptcy.
Example 31 states that "the insurer will indemnify
the lessor" while example 35 states "the insurer will indemnify
Cooley to chill the ability of the corporation to vote to indemnify
directors, officers or employees,'' Newhouse said.
The insurance industry now offers tax opinion guarantee insurance to indemnify
for losses resulting from an IRS disagreement with the tax opinion.
Vendor agrees to indemnify
, defend, and hold harmless the association and its officers, directors, employees, members, volunteers, agents, successors, and assigns, from any and all losses, claims, demands, suits, costs, expenses (including reasonable attorneys' fees) of whatever nature and description arising from or in connection with Vendor's breach of this contract, or Vendor's negligence or willful misconduct, or a third-party claim arising out of Vendor's performance under this contract.