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</html><thumbnail_url>https://zegal.com/wp-content/uploads/2023/09/zegal-logo-red.jpg</thumbnail_url><thumbnail_width>1200</thumbnail_width><thumbnail_height>627</thumbnail_height><description>What is indemnity and why is it used in contracts? Indemnity is a contractual obligation whereby one party has to compensate the other party for some form of loss incurred. The primary purpose of indemnity is to usually hold parties accountable to the contractual obligations of an agreement. It is often used in contract negotiations [&hellip;]</description></oembed>
