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 ?
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.
To be protected by the contractor's insurance, a well-drafted hold harmless agreement was needed.
However, post-BAPCPA cases evince a clear indication that indemnification and hold harmless clauses are not necessary to a finding of nondischargeability.
Vermont's AMC law is the most stringent and prohibits an AMC from requiring "an appraiser to defend, to indemnify, or to hold harmless the registrant (the AMC) or other third party for the development, use or contents of a real estate appraisal.
Hold harmless agreements may be found in purchase agreements, rental agreements, equipment leases, and construction contracts.
and Owner, as well as any other parties, which XYZ Construction is required under the Contract Documents to defend, indemnify and hold harmless, and their agents, servants and employees, from and against any claim, cost, expense or liability (including attorneys' fees), attributable to bodily injury, sickness, disease, or death, or to damage to or destruction of property (including loss of use thereof), caused by, arising out of, resulting from, or occurring in connection with the performance of the work by ABC Engineering Inc.
Too often, as soon as the dollar amount is agreed upon, the client begins to spend the money in their heads, and your delay over further fine print like confidentiality, hold harmless, indemnity, terms and timing of payment, liens, subrogation, etc, etc, are nothing more than stupid lawyer nitpicking, and your own client will lose patience and confidence very quickly, thus you lose bargaining power with your opponent, and you are forced to accept technical terms you know are not in your client's favor.
It will only cover half of what's needed, and the legislature promises to hold harmless the school districts for the other half.
The proposal required the Kees to execute both a General Release and Hold Harmless and Indemnity Agreement.
The hold harmless approach addresses the exposure the advisor faces due to over regulation and the resulting compliance requirements.
The Terms of Service for YouTube contains the following clause: "You agree to defend, indemnify and hold harmless YouTube, its parent corporation, officers, directors, employees and agents, from and against any and all claims, damages, obligations, losses, liabilities, costs or debt, and expenses (including but not limited to attorney's fees) arising from: .
INDEMNIFICATION: ACCOUNTANT shall hold harmless, defend and indemnify DISTRICT, its agents, officers and employees from and against any liability, claims, actions, costs, damages or losses of any kind, including death or injury to any person and/or damage to property, including DISTRICT property, arising from, or in connection with, the performance by ACCOUNTANT or its agents, officers and employees under this Agreement.