Topic: Hold Harmless Clause
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Answers to Common Questions
What is Hold Harmless Clause?
Clause in a construction mortgage or loan contract relieving the borrower from liability in unforeseen events, such as labor strikes or natural disaster, that limit or inhibit the borrower in meeting contractual obligations. Read More »
Source: http://www.answers.com/topic/hold-harmless-clause
What is a Hold Harmless Agreement?
A hold harmless agreement is a contract signed by two parties where one or both parties agree not to make a claim against the other for certain specified occurrences. As such, they agree to hold each other harmless under such conditions. A ... Read More »
Source: http://answers.ask.com/Business/Finance/what_is_a_hold_harmless_a...
What is a Hold Harmless Indemnity?
It's natural for any agreement between two parties to contemplate which one would bear liability under various situations. But it's not as conscionable for one side to receive unlimited protection from any and all acts. While some might int... Read More »
Source: http://www.ehow.com/about_5100916_hold-harmless-indemnity.html?re...
More Common Questions
Answers to Other Common Questions
Also known as indemnification, a hold harmless agreement is a contract where one party assumes full liability to protect another party from financial obligation.
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Source: http://www.ehow.com/facts_5790846_hold-harmless-agreement-divorce...
There is considerable debate about what "hold harmless" means legally and how it should be used. The term often appears with the word "indemnify," as in "indemnify and hold harmless," and there is a lack of consensus as to the distinction b...
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Source: http://www.ehow.com/way_5241363_use-hold-harmless-agreement_.html
A "hold harmless agreement" is a contract in which one party to the contract agrees to accept full responsibility for any legal or financial claims stemming from that party's actions and protects another party from such legal or financial c...
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Source: http://www.ehow.com/how_5646230_write-hold-harmless-agreement.htm...
Hold harmless is "a promise to pay any costs or claims which may result from an agreement," according to the Law.com online legal dictionary. "Quite often this is part of a settlement agreement, in which one party is concerned that there mi...
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Source: http://www.ehow.com/how_7166733_write-hold_harmless-contract.html
One of the most important clauses in any contract, the hold harmless provision, is also one of the most overlooked and misunderstood. It is usually coupled with indemnification terminology.
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Source: http://www.ehow.com/facts_6025399_hold-harmless-provision-mean_.h...
Jean, below is an example of a "depth clause" and a "hold harmless" clause. These should work in most states I would think, as they are fairly general in nature and very common. The company may want to change a couple of words in this versi...
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Source: http://en.allexperts.com/q/Energy-Industry-Oil-2441/2008/1/oil-ga...
1. See contractual liability 2. See indemnification.
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Source: http://www.answers.com/topic/save-harmless
