👉 Indemnitor in legal terms refers to a party who is responsible for compensating another party for losses or damages resulting from their actions. This term is used in various contexts, including contract law, tort law, and civil law jurisdictions. In contract law, an indemnitor is typically the party that accepts the risk of liability arising from the breach of the contract. The parties agree to bear the cost of any damage or loss incurred by the other party as a result of their respective breaches of the
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