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What does indemnifies mean?

Looking for the meaning or definition of the word indemnifies? Here's what it means.

Verb
  1. Third-person singular simple present indicative form of indemnify
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Examples
If the receivable remains unpaid due to the debtor's insolvency, Euler Hermes indemnifies the policyholder.
The client indemnifies ACI Adam against all claims of third parties with regard hereto, unless in the event of gross negligence or wilful misconduct of ACI Adam.
Some tenants say that in the lease contract there is a note about the possible stoppage of work due to some cultural events and the damage will be partially indemnifies.
Euler Hermes indemnifies the policyholder according to the conditions agreed in the contract.
This offer enables the MMEs to continue to supply their B2B clients on an open account basis. Commercial credit insurance indemnifies the MME in case of bankruptcy of the buyer and non-payment of the invoice.
The OECD contract indemnifies credit risk for insolvency within an annual global deductible of EUR 1 million and an annual global indemnification cap of EUR 11.5 million.

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