Bold style in the Indemnification Agreement

Aug 6th, 2022
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How to bold style in the Indemnification Agreement

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hi Im Michele welcome back to finally revealed in this section weve been going over different types of terms that you may or may not know what they mean or how theyre used today I want to talk about another one of those terms and this is indemnification to indemnify or to provide an indemnification sometimes comes up in a context where youre signing a contract youre making a settlement or you are separating maybe in a business youre going your own ways or you are selling someone something or theyre selling something to you to indemnify someone means to in common terms cover their back means that you are going to step up for them and you are going to take care of them and any claims that are made against this person for the circumstance described for the product thats being sold or otherwise as is explained now to be responsible for the indemnification it should be clear what it is that you are indemnifying them against is it a something that if something goes wrong is it for a

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Defined terms are included in a definitions and interpretation clause, usually at the start of an agreement, to avoid repetition and ambiguity. They give specific meanings to words that may differ from ordinary meanings. This provides clarity and conciseness.
Definitions can be conceptual, based on dictionary or reference work meanings, or operational, based on how the researcher is using the term. Terms should be defined alphabetically and lexically or operationally. Sources for definitions should be cited. The definitions should be brief, clear and unambiguous.
For example, an angle is a defined term in geometry, because we can define it as the corners that are produced when two lines intersect. That is, we can define an angle using other geometrical terms (in this definition, those terms are a line and an intersection point).
Defining a term gives that word or phrase a particular, special meaning within the context of the legal document, and not the meaning that would be used in everyday language. This happens mostly to general words when we want to narrow the range of its meaning.
Sometimes drafters capitalize or make bold certain words or phrases because those words or phrases are defined terms within a contract. If youre going to define a word or phrase in an agreement, then that word or phrase should be capitalized or in bold wherever it is used throughout the contract.
Term may refer to a specific set of time that something occurs or takes effect, a specified period of time that is established either by the law to exercise a right or by agreement to set the duration of a contract. Legislatures, presidents, and judges serve terms for a specific amount of time.

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