Learn about the roles of indemnifier and indemnity holder in contracts, including their rights and duties. Explore examples and case laws to understand indemnity better, covering the concept of indemnification in various scenarios.

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Business Interruption (BI) insurance covers loss of gross profit due to reduction in turnover or increase in cost of working expenditure. The policy operates on the principle of indemnity, aiming to restore the client financially to a pre-loss position. Different variants exist for sum insured and b

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Explore the liability of state officials in Texas, including sovereign and official immunity, indemnification, and representation by the Office of the Attorney General. Learn about different types of claims that can be brought against state officials and the distinction between individual and offici

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The presentation discusses indemnification for 3rd party claims in construction contracts, highlighting a court case where the indemnity clause could not be used for 1st party claims. It emphasizes the importance of clarity in indemnification clauses to differentiate between liabilities faced from t

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This overview delves into the types of M&A transaction agreements, such as Stock Purchase Agreements and Merger Agreements, along with the basic agreement structure encompassing definitions, purchase price mechanics, representations, warranties, covenants, conditions, termination, and indemnificatio

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In this overview, the IEEE Legal and Compliance Department discusses the indemnification of volunteers, outlining conditions under which indemnification is provided to protect volunteers from liabilities. Indemnification is crucial for ensuring volunteers are safeguarded when acting in the best inte

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