WebPermitted indemnity provision During the year and up to the date of this report, the permitted indemnity provision as defined in section 469 of the Hong Kong Companies … WebAn indemnity clause, also known as a hold harmless clause, is a part of a construction agreement between two or more concerned parties, usually a landowner and/or …

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WebFeb 12, 2014 · A company which provides any permitted indemnity to its directors must disclose the indemnity provision in the directors’ report under section 470 of the New Companies Ordinance. It must also keep a copy of any permitted indemnity at its registered office until one year after its expiry and make it available for inspection by members on ... http://masscases.com/cases/app/31/31massappct626.html microsoft word customize quick access toolbar

indemnity provisions-翻译为中文-例句英语 Reverso Context

WebKey provisions in the new CO 22. Section 469 permits a company to indemnify a director against liability incurred by the director to a third party if the specified conditions are met. Certain liabilities and costs must not be covered by the indemnity, such as criminal fines, penalties imposed by regulatory bodies, the defence costs of Web–The party entitled to indemnification is the indemnitee. • The obligation to indemnify another may arise by contract or by common law. • The purpose of indemnity provisions “is to pre-determine how potential losses incurred during the course of a contractual relationship will be distributed between the potentially liable parties.” WebHong Kong e-Legislation - Home microsoft word custom properties