What does Indemnity Clause mean?
A contractual provision in which one party agrees to answer for any specified or unspecified loss or damage that the other party might incur.
The vendor insisted on an indemnity clause to protect themselves from lawsuits arising from our use of their product.
Indemnity Clause in German, French, Spanish and Italian
GermanFreistellungsklausel
also Schadloshaltungsklausel
Vertragliche Zusage, den Partner von Schäden oder Ansprüchen Dritter freizustellen.
FrenchClause d'indemnisation
Clause par laquelle une partie s'engage à indemniser l'autre en cas de préjudice.
SpanishCláusula de indemnización
Cláusula que obliga a una parte a resarcir a la otra por daños o pérdidas.
ItalianClausola di indennizzo
Clausola con cui una parte si impegna a tenere indenne l'altra da eventuali danni.
Synonyms and opposites for Indemnity Clause
- Synonym Hold harmless clause