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   Hold someone/something harmless

   • ▪ indemnify someone or something

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   What does hold harmless mean?

   • Spelling Bee Quiz Can you outdo past winners of the National Spelli... 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.

   Hold harmless Definition & Meaning | Merriam-Webster Legal

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   What is a hold harmless agreement?

   • A hold harmless agreement is used to protect one party in a contract from being held liable for damages or losses. By signing the agreement, the other party accepts responsibility for certain risks involved in contracting for the service. These agreements are commonly found in business sectors where there is a significant risk of loss or injury.

   Hold Harmless Clause: Definition, How It's Used, and Examples

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   What is a hold harmless clause?

   • Businesses that offer high-risk activities, such as skydiving sessions, commonly use a hold harmless clause. Although it is not an absolute protection from liability, it indicates that the customer has acknowledged certain risks and agreed to take them. This agreement may be in the form of a letter.

   Hold Harmless Clause: Definition, How It's Used, and Examples

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   What is a hold harmless or indemnity agreement?

   • In construction work, a hold harmless or indemnity agreement will likely be given by the subcontractor to the contractor, builder, or other professional, to protect against the work done by the subcontractor. Such an agreement will limit the risk of going to court and help the protected party access reimbursements in case anyone is injured.

   Hold Harmless: Everything You Need to Know - UpCounsel

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3. www.investopedia.com › terms › hHold Harmless Clause: Definition, How It's Used, and Examples

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   Jan 4, 2024 · Updated January 04, 2024. Reviewed by. Robert C. Kelly. Investopedia / Julie Bang. What Is a Hold Harmless Agreement? A hold harmless agreement, also known as a hold harmless clause or hold...

   • Author: Will Kenton

4. www.merriam-webster.com › legal › hold harmlessHold harmless Definition & Meaning | Merriam-Webster Legal

   www.merriam-webster.com › legal › hold harmless

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   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.

5. www.upcounsel.com › hold-harmlessHold Harmless: Everything You Need to Know - UpCounsel

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   Feb 1, 2023 · 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. 13 min read updated on February 01, 2023. Updated August 21, 2020: What Is a Hold Harmless Clause?

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7. www.law.cornell.edu › wex › hold_harmlesshold harmless | Wex | US Law | LII / Legal Information Institute

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   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. For example, leases may include a hold harmless clause in which the tenant agrees not to sue the landlord if they are injured due to the landlord's ...

8. www.akingump.com › en › insightsWhat Does “Defend, Indemnify and Hold Harmless” Mean?

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   Jul 24, 2020 · The inherent meaning of “hold harmless” is subject to interpretation. The prevailing interpretation is that “hold harmless” and “indemnify” are synonymous. However, under the minority view, “hold harmless” requires payment of both actual losses and potential liabilities, while “indemnify” protects against incurred losses only.

9. dictionary.justia.com › hold-harmlesshold harmless Definition, Meaning & Usage | Justia Legal ...

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   Definition of "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. How to use "hold harmless" in a sentence.

10. livewell.com › finance › hold-harmless-clauseHold Harmless Clause: Definition, How It’s Used, And Examples

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    Dec 5, 2023 · A Hold Harmless Clause is a legal provision that transfers the responsibility of liability from one party to another. It is commonly used in contracts and agreements to protect one party from financial damages or legal claims arising from specific activities or circumstances. What is a Hold Harmless Clause?