Definition Of Hold Harmless
Definition Of Hold Harmless. Hold harmless agreement — a provision in a contract that requires one contracting party to respond to certain legal liabilities of the other party. A hold harmless agreement is a legal document or clause stating that one party will not hold the other liable for damage, injury, or loss.
Held , hold·ing , holds v. Hold harmless synonyms, hold harmless pronunciation, hold harmless. Held harmless synonyms, held harmless pronunciation, held harmless translation, english dictionary definition of held harmless.
This Is Usually The Context In That A Party Performs On The Contract In A.
On the other hand, hold harmless is a defensive measure providing “[t]he right not be bothered by the other party itself seeking indemnification.” under this view, hold harmless. Quite often this is part of a settlement agreement, in which one party is concerned that there. 45 rows define hold harmless.
Held , Hold·ing , Holds V.
An agreement or contract in which one party agrees to hold the other free from the responsibility for any liability or damage that might arise out of the transaction. A contract term meaning that one party will not hold the other party responsible. Hold harmless means to defend and indemnify from all liability, losses, penalties, damages as defined in this section, costs, expenses (including without limitation, attorneys' fees), causes of.
To Relieve From Responsibility Or Liability For Any Damage Or Loss | Meaning, Pronunciation, Translations And Examples
A hold harmless agreement (or harmless agreement) is a legally binding agreement stating that one party will not hold the other party responsible (or liable) for the risk. Hold harmless agreements afford a certain amount of security, but extend only as far as the contractor's solvency and available assets. Hold harmless synonyms, hold harmless pronunciation, hold harmless.
Held Harmless Synonyms, Held Harmless Pronunciation, Held Harmless Translation, English Dictionary Definition Of Held Harmless.
Legal definition for hold harmless: A promise to pay any costs or claims which may result from an agreement. As a result, this type of agreement.
Lacking Capacity Or Intent To Injure.
Hold harmless agreement — a provision in a contract that requires one contracting party to respond to certain legal liabilities of the other party. A hold harmless clause is a statement in a contract that states that an organization or individual will not be held liable for any injuries or damages caused to the other party. The groups want lawmakers to find a way to compensate for the effects of a collision between a cost of living adjustment mechanism and a 1988 hold harmless law that keeps increases in.
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