hold harmless


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Related to hold harmless: Hold Harmless Agreement, hold harmless clause

hold harmless

n. a promise to pay any costs or claims which may result from an agreement. Quite often this is part of a settlement agreement, in which one party is concerned that there might be unknown lawsuits or claims stemming from the situation, so the other party agrees to cover them.

References in periodicals archive ?
This conclusion is not dependent on the presence of a hold harmless clause, but is bolstered by such language.
Appraiser shall indemnify and hold harmless the client, and its officers, agents and employees, for all losses, claims, liabilities and damages arising out of or as the result of any negligent act or omission by appraiser, or appraiser's employees, agents or subcontractors, in the performance of appraiser's professional services under this agreement.
Accordingly, an owner, construction manager or general contractor should reserve the right to review agreements between the construction manager and any contractor, or between subcontractors, to confirm hold harmless and insurance provisions offer sufficient protection.
Further, hold harmless language can support and complement a duty to defend provision.
1) No indemnification, hold harmless, or similar agreement or conveyance shall be effective to transfer from the owner or operator of any vessel or facility or from any person who may be liable for a release or threat of release under this section, to any other person the liability imposed under this section.
A health care related tax is not considered to be uniformly imposed if the tax provides for any credits, exclusions, or deductions that return to providers all or a portion of the tax paid in a manner that: precludes the net impact of the tax from being generally redistributive; creates a direct correlation between the amount of the tax and Medicaid payments for items or services with respect to which the tax is imposed; or provides for a hold harmless provision (described later).
The second is an intermediate hold harmless that requires A to hold B harmless for A's negligence and claims for which they are jointly negligent.
You may also work with your attorney to create a hold harmless clause within a purchase order if one does not currently exist.
Parent and Seller shall indemnify and hold harmless.
Further, twitpic imposes a requirement on users that they indemnify and hold harmless twitpic, its officers and employees, against any claims arising out of the use of any content posted on twitpic.
Nearly 300 Senators and House Members have written to Director Cordray asking for a formalized hold harmless period," the representatives wrote.
However, we do think it important that the inspector has a hold harmless addendum in the report, provided the inspection follows the guidelines we have suggested, and provided the inspector takes pictures, so that there is documented proof.