Indemnification: Section 4 – Indemnification Procedure

Indemnification: Discusses the function of indemnification clauses in transactions and how the different parties view them. Also breaks down a sample indemnification clause and explains the language and purpose of its various components, such as the duty to indemnify versus defend, covered losses and claims, and indemnification procedures.

This video is part of Hotshot's Indemnification series. Watch the other videos in this series by clicking on the links below:

The Purpose of Indemnification Clauses

Duties and Indemnities

Losses and Claims

Interaction with Other Provisions