5.Obligation to Discharge Indemnity (or Obligation for Indemnification)
a.In Case of Full Indemnity Payments
Obligation to Discharge Indemnity is regulated under Turkish Law between Articles…
Normally, according to Article 1427 (1) of the TCC, the form of performance is mainly…
The manner in which the yacht insurer fulfils its obligation to perform the indemnity…
If the insurer has not made such a notification, it will be obliged to pay all the…
The legal provision to be applied regarding the time of performance of the indemnity…
i.following the occurrence of the risk and after the documents related to the risk…
ii.in any case come to maturity forty-five days after the notice to be given in accordance…
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