Indemnity Clause at Business Glossary

What is it? A clause in which the one party indemnifies the other. In leasing, generally a clause whereby the lessee indemnifies the lessor from loss of tax benefits.

Business Dictionary Term Definition Added By: Keira

Send To Friends!

If you'd like to send the Indemnity Clause definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Indemnity Clause. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Business Terms:

Business Term Price Elasticity of Demand is The sensitivity of quantity sold to a percentage change in price; -%changeQ/%changeP.

Business Term United States Travel And Tourism Administration is An organization within the Department of Commerce which: stimulates demand internationally for travel to the United States, coordinates marketing projects and programs with U.S. and international travel interests, encourages and facilitates promotion in international travel markets by U.S. travel industry principals, works to increase the number of new-to-market travel businesses participating in the export market, generates cooperative marketing opportunities for private industry and regional and local governments, researches and provides timely and pertinent data, carries on training programs in international marketing for U.S. professionals, and works to remove government imposed travel barriers.

Business Term Modular budget justification page is For paper applications, form for modular budget justification in the PHS 398 grant application. For non-modular grants, see detailed budget page.

Business Term transnational corporation is A firm that tries to simultaneously realize gains from experience curve economies, location economies, and global learning, while remaining locally responsive.

Business Term Dangerous Goods is Goods which are capable of posing a health or safety risk.