Template:Indemnity description: Difference between revisions

Template:Indemnity description (view source)

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 *B can call on the indemnity to require A to make a payment equal to the tax charge under the indemnity.
 *If A neglects to make the indemnity payment, B has an action in breach of contract.}}
-===Claiming under an indemnity===
-For these reasons, an [[indemnified party]] does '''not''' need to prove the [[indemnifying party]] committed a {{tag|breach of contract}}: it need only show that the undesirable  "third party" contingency has befallen it, and that it has correctly ascertained amount which the [[indemnifying party]] has indemnified it as a result.
 ===Liability under an indemnity===