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Indemnification Clause Explainer

Explain indemnification clauses in contracts in plain language.

The Prompt

Explain the following indemnification clause in plain language: '{{indemnification_clause}}' in a {{contract_type}} 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 {{party}} in this context. Not legal advice.

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