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Hold |
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TO HOLD. These words are now used in a deed to express by what tenure the
grantee is to have the land. The clause which commences with these words is
called the tenendum. Vide Habendum; Tenendum.
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An indemnity and hold harmless clause from any and all expenses incurred in the event of default may allow some courts to dispense with the formality of holding an inquest to determine the reasonableness of a requested legal fee reimbursement if the court holds that it is bound to enforce the indemnity as written. The other, often used in combination with the Hold Harmless Clause is an Indemnity or In this case, one practical tactic might be to contract out all snow and ice removal with an agreement that includes a hold harmless clause. |
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