Webindemnification clauses, in which Mid-Atlantic agreed to defend and indemnify Avalon for any claims or liability arising out of or connected to Mid-Atlantic’s work on the project. Mid-Atlantic was also required to name Avalon as an additional insured under its general liability insurance policy. WebC. While the Company maintains directors’ and officers’ liability insurance (“D&O insurance”) for the benefit of its directors, as permitted by the Delaware General Corporation Law (“DGCL”), the Company’s Restated Certificate of Incorporation (“Certificate”) and Amended and Restated Bylaws (“Bylaws”), such insurance may not …

Indemnification Clause: Meaning & Samples (2024)

WebIn general, insurance transfers risk from the contracting parties to a third party—an insurance company. Indemnification usually transfers risk between the parties to the … WebIndemnification and insurance provisions are common features of many types of commercial contracts, including construction, engineering, oil and gas, and product … can you fly in alert areas

What Is Indemnification? Auto Insurance Indemnification The Hartford

Web03. maj 2024. · Indemnification clauses eliminate liability; limitation of liability clauses limit liability. [4] Liability clauses, more or less, reproduce the mechanisms that exist … WebSECTION 2. INDEMNIFICATION REQUESTS. Should any director, officer, leader, employee, committee member or volunteer of the Ministry incur any liability as a result of their affiliation with or service to the Ministry that is not covered by the Ministry’s insurance policy, and should such liability result in any out-of-pocket cost to such ... Web17. mar 2024. · INDEMNIFICATION AND INSURANCE REQUIREMENTS The Contractor shall furnish to Department of Transportation and Public Works, 111 NW 1 Street, Miami Florida 33128, Certificate(s) of Insurance which indicate that insurance coverage has been ... Automobile Liability Insurance covering all owned, non-owned and hired vehicles … brightland vinegar