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What is the definition of Preindemnification? 🙋

👉 In law, a pre-indemnification is a type of legal defense in which a party to a contract or other agreement agrees not to sue another party for damages until the alleged breach has been remedied. This can be useful when there are no specific statutory provisions on the matter, as it allows both parties to continue their contractual obligations without immediate legal action. In this context, "preindemnification" refers to a situation where a contract specifies that one party will not sue another for


preindemnification

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