indemnitor

Noun

Meaning

indemnitor (plural indemnitors)

One who indemnifies.

Examples

US Contracts Many US contracts and Terms of Service require one party (indemnitor, typically a customer) to pay (indemnify) the other side's costs for legal claims coming from the relationship. Source: Internet

With Negotiations When a contract is negotiable, the indemnitor negotiates to control these legal costs. Source: Internet

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