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indemnification liability

См. также в других словарях:

  • indemnification — indemnify in‧dem‧ni‧fy [ɪnˈdemnfaɪ] verb indemnified PTandPP 1. [intransitive, transitive] LAW to promise to pay for a financial loss that a person or organization may have: • You can be indemnified against claims for professional negligence,… …   Financial and business terms

  • indemnification — In corporate law, the practice by which corporations pay expenses of officers or directors who are named as defendants in litigation relating to corporate affairs. In some instances corporations may indemnify officers and directors for fines,… …   Black's law dictionary

  • indemnification — In corporate law, the practice by which corporations pay expenses of officers or directors who are named as defendants in litigation relating to corporate affairs. In some instances corporations may indemnify officers and directors for fines,… …   Black's law dictionary

  • joint and several liability — see liability 2b Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. joint and several liability …   Law dictionary

  • several liability — see liability 2b Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. several liability …   Law dictionary

  • Directors and officers liability insurance — (often called D O) is liability insurance payable to the directors and officers of a company, or to the organization(s) itself, to cover damages or defense costs in the event they suffer such losses as a result of a lawsuit for alleged wrongful… …   Wikipedia

  • product liability — Refers to the legal liability of manufacturers and sellers to compensate buyers, users, and even bystanders, for damages or injuries suffered because of defects in goods purchased. A tort which makes a manufacturer liable if his product has a… …   Black's law dictionary

  • secondary liability — The liability on an instrument of any person who is not primarily liable thereon. 11 Am J2d B & N § 525. The liability of one of two tortfeasors liable to the same injured person of such nature in reference to the liability of the other… …   Ballentine's law dictionary

  • indemnity against liability — As contrasted with indemnity against loss, which is an obligee s right to compensation for a loss already sustained, it is an obligee s right to indemnification at the time a liability arises. The claim arises upon the obligor s default,… …   Black's law dictionary

  • indemnity against liability — As contrasted with indemnity against loss, which is an obligee s right to compensation for a loss already sustained, it is an obligee s right to indemnification at the time a liability arises. The claim arises upon the obligor s default,… …   Black's law dictionary

  • Nuclear Facilities Liability Act — A statute proposed by the National Conference of Commissioners on Uniform State Laws to be applied to the more hazardous types of atomic energy activities, such as those in nuclear reactor installations, wherein a potentiality of an uncontrolled… …   Ballentine's law dictionary

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