Topic: Difference between Hold Harmless Indemnify
Not finding your answer? Try searching the web for Difference between Hold Harmless Indemnify
Answers to Common Questions
What are the differences in the legal definitions of save harmles...
ANSWER by BipolarAttorney 02/05/08 There is no substantial difference among the three terms. Read More »
Source: http://wiki.answers.com/Q/What_is_a_hold_harmless_agreement_for_g...
What does defend mean in the phrase indemnify defend and hold har...
It is a legal term which covers who pays for what in the event of litigation. In a construction contract setting, generally, the owner will require the contractor to indemnify, defend and hold them harmless in the event of a claim attributa... Read More »
Source: http://wiki.answers.com/Q/How_merchandiser_will_defend_the_proble...
What is the indemnifier in a hold-harmless agreement?
Indemnifier, aka insurer, is an insurance company which agrees to pay someone who pays them for insurance for losses suffered pursuant to the terms! Read More »
Source: http://www.kgbanswers.com/what-is-the-indemnifier-in-a-hold-harml...
More Common Questions
Answers to Other Common Questions
This is a standard phrase often found in contracts that means that the person signing the contract individually or on behalf of a company agrees that he will not turn against the other person signing the contract, and become his enemy, if f...
Read More »
Source: http://www.webanswers.com/legal/glossary-legal-law/what-does-inde...
A clause inserted in a contract whereby one party agrees to protect the other party from any injuries or lawsuits arising out of the particular transaction.
Read More »
Source: http://answers.yahoo.com/question/index?qid=20091223235350AAEtb2k
Good point. Wasn’t looking to jump towards ‘real estate happy talk’ (great phrase, by the way), but can see where it came off that way. I was looking to show that the risk is real - as we have discussed here and by e-mail - but that there i...
Read More »
Source: http://www.trulia.com/voices/Home_Buying/Why_Indemnify_or_hold_ha...
"Indemnify" means to guarantee against any loss which another might suffer. Example: two parties settle a dispute over a contract, and one of them may agree to pay any claims which may arise from the contract. "Hold Harmless" is a promise t...
Read More »
Source: http://answers.yahoo.com/question/index?qid=20060707145652AAiCrus
These are two different types of agreements. About the only thing you can say they have in common is that they are agreements. A hold harmless agreement example would be if you were selling me your business and along with the sale of the bu...
Read More »
Source: http://answers.yahoo.com/question/index?qid=20070226073515AAaH7v7
A hold harmless agreement is something where one party agrees not to sue the other party. In many situations, it won't hold up in court. An insurance policy pays for any damages, in accordance to what type of policy it is, subject to policy...
Read More »
Source: http://answers.yahoo.com/question/index?qid=20080408132936AAd4BSz
In short, this is an endorsement to the sub-contractor’s insurance policy that says: My insurance company can’t sue you. The endorsement is a standard form known as a CG2404 or CG 2404a. The hold harmless agreement, simply put, says: I can’...
Read More »
Source: http://www.sbnonline.com/2008/03/risk-transfer-how-to-manage-risk...
