Blacks law dictionary definition of indemnify
Webindemnify meaning: 1. to pay or promise to pay someone an amount of money if they suffer damage or loss: 2. to…. Learn more. WebDefinition & Citations: 1. That which is laid down, ordained, or established. A rule or method according to which phenomena or actions coexist or follow each other. 2. A system of …
Blacks law dictionary definition of indemnify
Did you know?
WebBecause the service agreement obligates Savage to provide Exxon only primary insurance, National Union contends, Exxon is entitled to nothing more. E.g., Coverage, Black’s Law Dictionary (11th ed. 2024) (“[T]he risks within the scope of an insurance policy.”); umbrella policy, Black’s Law Dictionary, supra, (defining “umbrella policy ... WebJan 26, 2024 · Definition of Contract of Indemnity. According to Halsbury, Indemnity is a contract, express or implied to keep a person, who has entered into or who is about to enter into, a contract or incur any other liability, indemnified against loss, independent of the question whether a third person makes a default. ... Black’s Law Dictionary defines ...
WebDefinition of Indemnify . Home. Law Dictionary. Advertisement. Definitions from Black's Law Dictionary: 2nd Edition and Ballentine's Law Dictionary as are available for each … WebBecause the service agreement obligates Savage to provide Exxon only primary insurance, National Union contends, Exxon is entitled to nothing more. E.g., Coverage, Black’s Law …
WebFeb 27, 2024 · According to Black’s Law Dictionary (10 th ed. 2014), indemnity is a “duty to make good any loss, damage, or liability incurred by another.” At its core, an indemnification is a promise to reimburse a person for a loss incurred by that person. Often, the obligation to indemnify is limited to third party claims. WebHow to use indemnify in a sentence. Synonym Discussion of Indemnify. to secure against hurt, loss, or damage; to make compensation to for incurred hurt, loss, or damage…
WebWhat is INDEMNITY. An Indemnity Is a collateral contract or assurance, by which one person engages to secure another against an anticipated loss or to prevent him from being damnified by the legal consequences of an act or forbearance on the part of one of the parties or of some third person . See Civ. Code Cal.
WebAn indemnity is a collateral contract or assurance, by which one person engages to secure another against an anticipated loss or to prevent him from being damnified by the legal … curtlestown schoolWebindemnify definition: 1. to pay or promise to pay someone an amount of money if they suffer damage or loss: 2. to…. Learn more. curtlestown church enniskerryWebAs a standalone tool, this pocket edition includes a dictionary guide and the complete U.S. Constitution. Black's is cited by judges and lawyers more than any other legal … curtlessWebOct 21, 2006 · Black’s Law Dictionary supports my view. It defines hold harmless as follows: “To absolve (another party) from any responsibility for damage or other liability arising from the transaction; INDEMNIFY.” (It defines indemnify as follows: “To reimburse (another) for a loss suffered because of a third party’s or one’s own act or default. 2. curtlestown national schoolWebAn Indemnity Is a collateral contract or assurance, by which one person engages to secure another against an anticipated loss or to prevent him from being damnified by the legal … curtler building worcesterWebBlack's Law Dictionary: 2nd Edition Definition: An indemnity is a collateral contract or assurance, by which one person engages to secure another against an anticipated loss or to prevent him from being damnified by the legal consequences of an act or forbearance on the part of one of the parties or of some third person. chase card pay onlineWebAug 27, 2015 · What is Indemnity. While the term indemnify is a verb, referring to the act of compensating someone for loss, the term indemnity is a noun, referring to the agreement or guarantee to compensate someone in the event loss occurs. Indemnity is commonly included as a clause in contracts in which the actions or mistakes of one party may result … chase card pay by phone