Polish translation: zwalniający z odpowiedzialności/zwolniony z odpowiedzialności
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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:
zwalniający z odpowiedzialności/zwolniony z odpowiedzialności
English to Polish translations [PRO] Law/Patents - Law: Contract(s)
English term or phrase:indemnitor/ indemnitee
If the Party , or Indemnity intends to claim indemnification it will promptly notify the other party (The Indemnitor) of any claim, demand, action or other proceeding for which the Indemnitee intends to claim such indemnification, and the Indemnitor may participate in, and, to the extent the Indemnitor so desires, assume the defence of.
(extract from a Service Agreement between companies)
indemnity agreement Agreement by which one party agrees to indemnify a second party for losses suffered by the second party. Insurance policies are one major class of indemnity agreements, under which the insurer is the indemnitor and the insured is the indemnitee. Narrowly construed, "indemnity agreement' includes only those agreements under which the indemnitor reimburses the indemnitee for a loss which the indemnitee has already paid. So construed, "indemnity agreement" does not include a liability insurance policy, under which the insurer makes payments only on behalf of, not to, the insured. Also known as "contracts of indemnity".