If he gets his way, TEPCO will become little more than a state-supervised indemnification mechanism. |
Typically, the term and amount of such indemnification will be limited by the agreement. |
Admittedly, that article allows the Member States to choose between indemnification and compensation for damage. |
They therefore claim that the risk for ETVA and the State of having to pay indemnification under the guarantee was small. |
If the indemnification be not fixed by agreement it shall be settled by arbitration. |
If the settlement of the indemnification is attended with any difficulty, the party at fault must bear the inconvenience. |