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- DictionaryHold someone/something harmless
- ▪ indemnify someone or something
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Feb 1, 2023 · A hold harmless clause is a clear legal statement indicating that an individual or enterprise will not be held liable for the following actions that are caused to another party, such as: Risk. Danger.
May 12, 2024 · A hold harmless agreement is a statement in a contract that absolves one or both parties to the agreement from liability for any injuries or damage. Learn how it works.
Hold harmless is defined as a promise in a contract, by one party not to hold the other party responsible if the other party carries out the contract in a way that causes damage to the first party.
A hold harmless clause is a legal statement that an individual or enterprise will not be held liable for the risk, danger, injury, or damages to another party.
The meaning of HOLD HARMLESS is of, relating to, or being an agreement between parties in which one assumes the potential liability for injury that may arise from a situation and thus relieves the other of liability. How to use hold harmless in a sentence.
A hold harmless agreement is a legal contract where one party agrees not to hold the other responsible for certain risks, often specified in the agreement. Hold harmless agreements typically apply to physical damage or risk.
hold harmless - A contract clause in which one party agrees not to hold the other party liable if harm or damage arises in the course of contract fulfillment.
Sep 12, 2023 · Hold harmless agreements are written into contracts to protect the business from lawsuits arising from the use of their services by others. They put the financial and legal responsibility for risks involved in using a service on the shoulders of the buyer or user of the service and protect the reputation of your business .
A 'hold harmless' clause, often called an 'indemnify' clause, is a contract provision where one party agrees to take responsibility for any losses or liabilities incurred by the other party, providing legal protection and preventing financial harm.
A save harmless clause, also known as a hold harmless clause, is a clause in a contract where one party promises not to hold the other party responsible if the other party causes some type of harm to the first party when performing the contract.
