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What does the Indemnity to Principals Clause mean?
Indemnity to Principals clause means that the cover is extended to the principal in the event that he/she is sued. This is common for most insurance covers.
Does indemnity mean that person that was not at fault have to pay back?
no
What does action over indemnity mean?
"Action over indemnity" refers to a legal principle where a party seeks compensation from another party for losses incurred, rather than relying solely on contractual indemnity provisions. In such cases, the injured party may pursue a direct legal action to recover damages, which may be more advantageous than waiting for indemnification under a contract. This concept often arises in liability cases, especially in construction or insurance contexts, where multiple parties may have overlapping responsibilities. It emphasizes the proactive approach of seeking recovery rather than passively waiting for indemnification.
What does indemnity mean?
A legal obligation to cover a liability, however arising.
What exactly does indemnity mean?
it is legal philosophy upon which the concept of most insurance policies rests. Strictly speaking, indemnity is protection from loss and damage claims filed by another person.
What does indemnity mean in a performer contract?
Indemnity in a performer contract refers to a clause that protects one party from legal liability or financial loss arising from the actions or omissions of another party. Typically, the performer agrees to indemnify the producer or promoter against claims, damages, or expenses related to the performer's performance, including any infringement of rights or injury to third parties. This provision ensures that the producer is safeguarded from potential lawsuits or claims related to the performance.
What does indemnity mean in car insurance?
It means the purpose who was not at fault will be compensated for the damage the at-fault party caused.
What does adverbial clause mean?
An adverbial clause is a group of words that functions as an adverb within a sentence, providing information about how, when, where, or why an action occurs. It typically contains a subject and a verb and is introduced by a subordinating conjunction, such as "because," "although," or "when." For example, in the sentence "She sings beautifully when she is happy," the clause "when she is happy" acts as an adverb, explaining the condition under which she sings beautifully.
What is when in Latin?
Ubican mean "when" or "where", and is used in questions/relative clausesCumat the beginning of a clause with an indicative verb means whenCumat the beginning of a clause with a subjunctive verb can mean whenUtat the beginning of a clause with an indicative verb can mean whenQuo Temporemeans "at what time", and can be used in questions.
What does closed without any indemnity mean?
It means you had an insurance claim of some sort for which the insurance company did not pay anything.
Is for a subordinating conjunction?
It can be. Ordinarily, for is a coordinatingconjunction, used to connect independent clauses. But where it can be used to mean "because" (e.g. for this reason) it will be a subordinating conjunction.
What does altough mean?
"Although" is a conjunction used to introduce a subordinate clause that contrasts with the main clause. It indicates a concession or an exception, often highlighting a surprising or unexpected relationship between two statements. For example, "Although it was raining, we decided to go for a walk" shows that despite the unfavorable weather, the action was still taken.
