Indemnification Clause Explainer

Explain indemnification clauses in contracts in plain language.

contracts 3 variable s

Prompt template

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Explain the following indemnification clause in plain language: '' in a  contract. Cover: who is indemnifying whom, what events trigger the obligation, what losses are covered, any carve-outs or caps, and whether this clause is unusually broad, standard, or limited. Explain the practical risk for  in this context. Not legal advice.
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