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Message: <blockquote data-quote="Jaysen" data-source="post: 38220" data-attributes="member: 1">I'm not a lawyer so I'm just going to explain how this works in theory. I may also be incorrect here. If this is a big concern, as you said, you'd be far better off contacting a lawyer for advice.To indemnify means you promise to reimburse the other party for costs/losses they suffer from a specific event. In this case, the clause is referring to these costs/losses that arise as a result of your obligation to a third party. I'm not clear on what your obligations are to third parties under the contract.Based on your situation, an example that came to mind could be a situation in which you copied your initial design from a third party. If this was the case, and the third party sued the other party, you may have to indemnify the other party from the costs/losses arising from this. Again, this very much depends on the contract.</blockquote>

Verification: Our company is called, "The Corporate ___ Academy". What is the missing word here?

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