When interpreting an indemnity provision, whether in the articles of incorporation, bylaws or a separate agreement, the first question might be what does “indemnity” mean? Etymologically, “indemnity” ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ariel Courage is an experienced editor, researcher, and former fact-checker. She has ...
Indemnity provisions appear in almost all commercial contracts, from leasing agreements to service contracts and supply contracts. In many industries, standardized form contracts prepared by trade ...