Nettet1. mar. 2024 · What do the words "hold harmless" add to an indemnity provision? The meaning of the phrase "hold harmless" has been discussed in a number of cases … NettetA Hold-Harmless Agreement (also known as an Indemnity Agreement) allows one party to protect another party against any future losses or claims that may result from a particular activity. For example: The Indemnifier wishes to hold a camp for school children to be held between September 27 and September 30, 2008. The camp will be held on property …

Defend, Indemnify and Hold Harmless: What They Mean and How …

NettetMutual Indemnification. XXXX shall defend, indemnify, and hold DISTRICT, its officers, officials, employees or agents harmless from and against any and all liability, loss, expense (including reasonable attorneys’ fees), or claims for injury or damages arising out of the performance of this Agreement but only in proportion to and to the extent such … Nettet28. okt. 2024 · A hold harmless agreement is a clause in a legal contract absolving one party of legal liability for any injuries or damages suffered by another party. It ensures … microchip an1106

Indemnity- and Hold Harmless Clauses - UiO

NettetBWE agrees to indemnify and hold BANK harmless from and against all loss or damage, including reasonable attorneys’ fees, costs and expenses incurred by BANK as a result … NettetIndemnification Clause Defined. Indemnification clauses, also known as hold harmless agreements, transfer the liability of one party’s action away from the other. They can include mutual indemnification clauses and one-sided indemnification clauses. They can also define specific terms such as: Indemnity caps. Covered events. Nettetharmless meaning: 1. not able or not likely to cause harm: 2. not able or not likely to cause harm: 3. not able or…. Learn more. microchip an699