WebSep 4, 2014 · The insured, therefore, which promptly and diligently mitigates its loss arising from a breach of professional duty, so successfully as to avoid incurring liability and preclude a claim being made against it, may, absent an express mitigation coverage entitlement and whether or not it does so pursuant to an explicit policy obligation, find ... WebExamples of Breach in a sentence. Contractor shall comply with the provisions of the New York State Information Security Breach and Notification Act (General Business Law …
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WebJul 31, 2024 · The buyer alleged that the fraud allowed it to avoid limitations in the agreement that precluded the buyer from pursuing rescission or damages based on fraud and capped damages for indemnification at $20 million, the amount placed in escrow to cover any of the buyer’s post-closing claims. WebApr 3, 2024 · When the breach does occur, there will be guaranteed legal consequences from US federal and state regulators, US plaintiffs, and, if the organization is subject to … WebAn indemnification clause may allow: The indemnified party to recover certain types of losses, such as attorney's fees, which are not typically recoverable under a common law cause of action. The indemnifying … candy corn pattern free