Indemnity example sentence

What is a sentence for indemnity? After Janet received several speeding tickets, the cost of her indemnity insurance skyrocketed. The indemnity policy will protect the doctor in case of a malpractice suit.

The criminal’s deal with the prosecutor was his indemnity from a lengthy prison sentence. Insurance is the purchase of an indemnity against the risk of loss caused by a fortuity. Substantial indemnity costs are reserved for cases involving reprehensible, scandalous or outrageous conduct. Random good picture Not show. Political exiles had not been given indemnity from prosecution.

The trucking company will indemnify the victim of the car accident caused by the sleeping trucker. The manufacturer asks that an indemnity clause be included in the contract, in which the hospital agrees to protect the company from any losses or lawsuits should patients be injured while using any of the wheelchairs. Instant Downloa Mail Paper Copy or Hard Copy Delivery, Start and Order Now! How to use indemnity in a sentence.

Boileau shall indemnify him, if he is ever called on to pay any amount referable to the mortgage on the matrimonial home. In addition to the payment of expenses pursuant to Section 7. To protect against damage. See the dictionary meaning, pronunciation, and sentence examples.

Besides ambiguity, typical indemnity clauses suffer from unwieldy sentences and other drafting flaws. For example , look at the first sentence of the standard indemnity clause in section 3. They agreed to indemnify the taxpayers against any loss. The insurance company will indemnify you for the loss incurred.

How can I put and write and define indemnity in a sentence and how is the word indemnity used in a sentence and examples ? More example sentences ‘The money, he sai was an indemnity from the Argentine government for jailing him during the last military regime. Discovery covers are used. Indemnity in a sentence ? Example sentences with the word indemnity. In these clauses, one party will indemnify the other party for all loss or liability related to specific circumstances or events, without limitation.

If a seller is required to provide indemnity , the prudent seller will want to limit that indemnity to behavior over which it has control. Tips in Creating a Hold Harmless Agreement. Making a hold harmless agreement is not an easy task. Like when developing business agreement letter examples and non-compete agreement examples , there are several considerations that are essential to be studied and reviewed before having the desired document be realized. District Judge William D. Jeffrey Brian Cohen, age 4 of Reisterstown, Marylan today to years in prison followed by three years of supervised release for wire frau aggravated identity theft, making false statements to an insurance regulator and obstruction of justice.

Register and Subscribe now to work with legal documents online. The reason being that an adult, even a parent or guardian, is not entitled to sign away a child’s rights. With a real estate indemnity agreement, one party, usually the buyer, agrees to take full responsibility for a mistake or a problem caused by the other. Lets look at an example or two.

To start with, a sales associate will provide an offer to. The term is also employed in legal sentences , where an indemnity is set to be paid to one of the affected parties involved in the legal procedure, to compensate for the damages or losses caused by the legal procedure itself or as the result of the acceptance of the claim being presented. Undertaking given to compensate for (or to provide protection against) injury, loss, incurred penalties, or from a contingent liability.

The bank in turn will require the consignee to. A letter of indemnity is written by a third party on behalf of someone to cover against losses or damages. This letter is used to state that if one party fails to make required payments or to complete a contract, the third party will take over making the payments or fulfill the terms of the contract.

The first category of indemnity clauses consists of clauses in which one party to the contract agrees to indemnify the other party against liability in tort. A good example of this is a contract using the “knock for knock” principle, where the parties agree to reciprocal indemnities covering such liability. Frequently confused with guarantee, an indemnity is a primary obligation that is enforceable irrespective of whether the beneficiary could sue the person responsible for causing the loss.