INDEMNIFICATION


Meaning of INDEMNIFICATION in English

A clause in a master lease agreement that requires lessees to indemnify lessors against any and all claims- suits- actions- damages- liabilities- expenses- cost- including attorney fees- whether or not suit is instituted- arising out of or incurred in connection with the equipment.

Finance-Leasing English vocabulary.      Английский словарь финансов и лизинга.