hold harmless


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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 ?
But Immigration and Customs Enforcement officials seized the money, and even though prosecutors declined to go after it through civil forfeiture, the man was asked to sign a "hold harmless" agreement before getting it back.
Note that some states have anti-indemnification statutes, which provide that an indemnity provision in a construction contract that purports to indemnify and hold harmless a party from its own negligence is void as it's against public policy and unenforceable, Gregory said.
And people who choose not to have their Part B premiums deducted from their Social Security checks can change that and join the hold harmless group.
Railroads will not install a sidetrack to an entity's warehouse unless the entity agrees to hold harmless and indemnify the railroad for any bodily injury or property damage.
Ace said it has agreed to indemnify and hold harmless Air Canada and Aveos from loss should Input Tax Credit claims by Air Canada and Aveos amounting to CAN 40m and CAN 1m respectively, be reassessed in the future.
..." The proposal required the plaintiff to sign "a full and complete General Release and I told Harmless Agreement." Although the body of the proposal stated that it would resolve "pending matters between the Plaintiff and the named Defendants," the attached "Settlement Agreement, Release of All Claims Hold Harmless Agreement" required the plaintiff to release any "agents" of the two hospital defendants.
Complying with the additional insured requirements imposed on their insureds and reading the hold harmless agreements those insureds have signed increases the agita of insurance agents and brokers.
In a "hold harmless" provision in the contract, ACS has promised to pay for any additional expense caused by the delays, but it says that doesn't cover the cost of items not
"Subcontractor shall indemnify and hold harmless contractor from all damages, losses, or expenses, including attorney's fees, from any claims or damages for bodily injury ....
Some courts required an indemnification and hold harmless proviso to create a direct liability from the debtor to the former spouse, (14) while other courts did not, reasoning that the obligation thereunder to pay such debts ran from the debtor to the ex-spouse without an express indemnification or hold harmless clause.
Appraiser shall indemnify, defend, save and hold harmless (the AMC) from and against any and all liability, claims, damages, losses, penalties, fines, judgments and any other costs, fees and expenses in any way related to any appraisal report submitted by appraiser.
These factors include (1) hold harmless provisions and caps; (2) small state minimums; and (3) funding floors and ceilings.