Phrases with «indemnification obligations»

"In dem ni fi ca tion ob li ga tions" refer to the responsibilities of one party to compensate or protect another party against any losses, damages, or liabilities that may arise from certain actions or events. This phrase essentially means that someone agrees to cover any potential financial harm or legal repercussions that someone else may face. Full definition

Sentences with «indemnification obligations»

  • The Company expects to continue to incur legal fees in responding to these lawsuits, including expenses for the reimbursement of legal fees of present and former officers and directors under indemnification obligations. (greenbackd.com)
  • In addition, if patent owners adopt a strategy of filing infringement actions against retailers (which generally do have a presence in the Eastern District of Texas), manufacturers may be forced to defend those actions due to their contractual indemnification obligations. (brookskushman.com)
  • Risk shifting can take many forms, ranging from a contingent purchase price to an open - ended indemnification obligation,» says attorney James Thomas, an attorney with Minor & Brown P.C., a Denver - based company that specializes in exit strategies and business planning for privately owned businesses.Minor & Brown's affiliate, the Business Enterprise Institute, offers exit - planning seminars, books, and an «Exit Planning Review» newsletter. (realtormag.realtor.org)
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