Splet13. apr. 2024 · Following the Company's 2024 Annual Meeting of Stockholders, the Board of Directors declared a quarterly dividend of 70 cents per share, payable June 9, 2024, to shareholders of record on May 31, 2024. This marks the 447th consecutive dividend paid by the Company or its affiliates since 1912. Splet13. mar. 2015 · Consider carefully whether to try and cap your liability under the indemnity. Again, look at the scope of the indemnity and your potential exposure. Although in some cases an unlimited indemnity may be …
Indemnity - Definition, Examples & Agreements in Business Law
Splet30. okt. 2024 · Indemnity insurance is an insurance policy designed to protect professionals and business owners when they are found to be at fault for a specific event such as misjudgment. Typical examples of ... SpletTo indemnify, also known as indemnity or indemnification, means compensating a person for damages or losses they have incurred or will incur related to a specified accident, incident, or event. Typically, parties make a written agreement in which one party (indemnitor) promises to indemnify the other party (indemnitee) for future specified losses. goldraub in texas
Indemnity Definition Legal Glossary LexisNexis
Splet24. jul. 2024 · Indemnification, according to the court, is “an offensive right—a sword—allowing the indemnitee to seek indemnification.” On the other hand, hold harmless is a defensive measure providing “ [t]he... SpletWhat does Indemnity mean? An indemnity is an agreement by one party (the indemnifying party) to bear the cost of certain losses or liabilities incurred by another party (the indemnified party) in certain circumstances. An indemnity will typically give rise to a right to an on demand payment without the need to prove a breach of contract. Splet12. apr. 2024 · indemnify in American English. (ɪnˈdɛmnɪˌfaɪ ) verb transitive Word forms: inˈdemniˌfied or inˈdemniˌfying. 1. to protect against or keep free from loss, damage, etc.; … goldraub in texas film