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Indemnification in contract and its ramifications
2 September 2024
The word indemnity means security or protection against a financial liability. It typically occurs in the form of a contractual agreement made between parties in which one party agrees to “hold harmless” the other party – either by promising not to hold the other liable for a wrong, or to pay for losses or damages suffered by the other party.
In this two-hour webinar we will explore the functions and significance of indemnity in contracts.