Moissanite is an exquisitely beautiful gemstone, and a good choice for an engagement ring. First, it's nearly as hard as diamond and will last a lifetime. Second, it has much more fire and brilliance then a diamond, which makes it an eye-catching stone that will light up a room.
Indemnity Bond Law and Legal Definition. An indemnity bond is a bond that is intended to reimburse the holder for any actual or claimed loss caused by the issuerâs conduct or another personâs conduct. An indemnity bond acts as coverage for loss of an obligee when a principal fails to perform according to the standards agreed upon between the obligee and the principal.
0 Comment. An indemnity agreement is a contract where one party agrees to protect another party against certain future claims or losses. For example, suppose Jack would like to enter into a contract with Jill to build a playground, but Jill is hesitant because of the potential future liability of such an endeavor.ndemnity agreements will memorialize this understanding and will also set out some of the basic terms of the indemnification.