Indemnification sentence example
The Act requires any indemnification to be disclosed in the company's accounts. ... The assythment, or indemnification due to the heirs of the person murdered from the murderer, is due if the murderer has received pardon, though not if he has suffered the penalty of the law.
How do you use indemnification in a sentence?
Indemnify in a Sentence ?
- Since Kurt was driving drunk, the insurance company will not indemnify him from the property damage he caused.
- The trucking company will indemnify the victim of the car accident caused by the sleeping trucker.
What is an example of indemnification?
Indemnity is commonly included as a clause in contracts in which the actions or mistakes of one party may result in the other party being liable for damages. For example: A wheelchair manufacturer enters into an agreement with a large hospital to provide 500 wheelchairs at a discount price.
