82,853
edits
Amwelladmin (talk | contribs) |
Amwelladmin (talk | contribs) |
||
Line 11: | Line 11: | ||
=====It does ''not'' require a [[breach of contract]]===== | =====It does ''not'' require a [[breach of contract]]===== | ||
Meanwhile, note a point of profound importance. While ''failing to honour'' an [[indemnity]] claim is a [[breach of contract]], the circumstances giving rise to an [[indemnity claim]] in the first place are ''not''. No breach is | Meanwhile, note a point of profound importance. While ''failing to honour'' an [[indemnity]] claim is a [[breach of contract]], the circumstances giving rise to an [[indemnity claim]] in the first place are ''not''. No breach is required, no [[causation]] or value judgment needed to satisfy the [[indemnifier]] of your ''[[bona fide]]s''. Recovering for failure to honour a (well-crafted) [[indemnity]] is therefore straightforward: You must show the event giving rise to the indemnity has happened, that you have demanded the [[indemnified sum]] from [[indemnifier]]; and that the [[indemnifier]] has not paid it. | ||
=====It is not (necessarily) of indeterminate scope===== | =====It is not (necessarily) of indeterminate scope===== |