What is the wording for the hold harmless agreement?
Asked by: Elsie Harris | Last update: March 1, 2025Score: 4.5/5 (68 votes)
What is an example of a hold harmless statement?
I further hereby AGREE TO INDEMNIFY AND HOLD HARMLESS THE RELEASEES from any loss, liability, damage or cost, including court costs and attorney's fees, that they may incur due to my participation in said activity, WHETHER CAUSED BY NEGLIGENCE OF RELEASEES or otherwise.
What is the verbiage for the hold harmless agreement?
Further, the Contractor covenants and agrees that it shall hold the Board and its members, employees and agents harmless against any and all claims, suits judgments of any description whatsoever caused by the Contractor' breach of this agreement or based upon the conduct of the Contractor, or its agents or its ...
What is the hold harmless phrasing?
“Hold harmless” is the promise to pay any costs that may result from a claim covered by the indemnity provision, including any subsequent fallout stemming from the covered claim and/or its settlement.
What is another way to say hold harmless?
The prevailing interpretation is that “hold harmless” and “indemnify” are synonymous. However, under the minority view, “hold harmless” requires payment of both actual losses and potential liabilities, while “indemnify” protects against incurred losses only.
What Is A Hold Harmless?
How to write a hold harmless letter?
- Name and address of the person signing.
- Name and address of the person or business being held harmless.
- Date of the creation of the agreement.
- Date that the agreement is effective.
- The location and a description of the protected events.
What word can I use instead of hold?
- grasp.
- take.
- grip.
- clasp.
- catch.
- lay hold of.
- clench.
- hang on to.
What are the three types of hold harmless agreements?
The most commonly used types of hold harmless agreement clauses are the “broad,” “intermediate,” and “limited” form hold harmless clauses. Limited Form Hold Harmless Agreement—Where Party A holds Party B harmless for suits arising out of Party A's sole negligence.
What is the legal wording for not accepting responsibility?
The no-responsibility disclaimer is also known as a “disclaimer of liability” — or “no-liability disclaimer” — because it refers to a lack of legal obligation on the part of you or your business. These terms are used interchangeably, and posted disclaimers are sometimes labeled differently within the document.
How do you use "hold harmless" in a sentence?
The Association shall indemnify, defend, and hold harmless the City, its officers, employees, and agents acting on its behalf from and against any and all losses, damages, costs, expenses, claims, demands, actions, suits, judgments and other forms of liability arising out of the application or enforcement of this ...
Do hold harmless agreements hold up in court?
In California, hold harmless agreements are enforceable if they use express contractual language that shifts the risks of certain specified circumstances. Doing so creates an express contractual obligation to indemnify.
What is the hold harmless rule?
The Medicare hold harmless provision limits the annual rise in Medicare Part B premiums deducted from Social Security benefits. Due to this provision, premium increases are limited to no more than the cost of living increase provided to the beneficiary in a given year.
Does a hold harmless agreement need to be notarized?
Hold Harmless Agreement Signing Requirements
Both the indemnitee and indemnifier must sign the Hold Harmless Agreement in the presence of a witness to make it legally binding. Notarization is usually not necessary.
What is an example of a simple indemnity clause?
Tenant agrees to indemnify and hold Landlord harmless from any liabilities, losses, damages, costs, expenses (including attorneys' fees), causes of action, suits, claims, demands, or judgments arising from any injury or damage on the Demised Premises or adjoining sidewalks, streets, or ways, resulting from Tenant's use ...
What is an example of a mutual hold harmless clause?
The undersigned, [FIRST PARTY NAME] hereby undertakes to indemnify and hold harmless [SECOND PARTY NAME] from any and all actions, causes of action, suits, debts, duties, accounts, bonds, contracts, claims and demands whatsoever resulting from any action or omission (including without limitation any failure to file any ...
What is the hold harmless clause in a contract?
An arrangement whereby one party agrees to absolve a second party from any blame even when damage or injury is caused by negligence of the second party.
How do you write a simple disclaimer?
Example of a Simple Disclaimer
The information provided on this website is for general informational purposes only. While we strive to ensure the accuracy of the information, we make no warranties or representations about the completeness, reliability, or accuracy of this information.
How do you professionally say that is not my responsibility?
Methods of phrasing your response
Unfortunately, I don't think I have the capacity to take on this much responsibility outside of my usual tasks. Please let me know if there are any smaller, less time-consuming items I can help with to support the team."
What is a simple no responsibility disclaimer?
A no-responsibility disclaimer is a statement declaring that a company is not responsible for any damage or harm caused by the use of its products or services. They are also called limited liability statements.
What's another word for "hold harmless"?
When interpreting the phrase “indemnify and hold harmless” as a couplet, many courts have concluded that “indemnify” and “hold harmless” are synonyms. So, if you intend them to be synonyms, then drop “hold harmless” to avoid any court trying to find meaning with those words different from indemnify.
What is the wording for the hold harmless waiver?
I HEREBY AGREE TO INDEMNIFY AND HOLD HARMLESS RELEASEES FROM ANY AND ALL LOSSES, LIABILITIES, CLAIMS, DEMANDS, INJURIES (INCLUDING DEATH), OR DAMAGES, INCLUDING COURT COSTS AND ATTORNEY'S FEES AND EXPENSES, WHICH MAY OCCUR TO MYSELF, OTHER PARTICIPANTS, OR MY PROPERTY ARISING OUT OF MY PARTICIPATION IN THIS ACTIVITY, ...
How to write an indemnity agreement?
- Consider the Indemnity Laws in Your Area. ...
- Draft the Indemnification Clause. ...
- Outline the Indemnification Period and Scope of Coverage. ...
- State the Indemnification Exceptions. ...
- Specify How the Indemnitee Notifies the Indemnitor About Claims. ...
- Write the Settlement and Consent Clause.
What is another word for legal hold?
A legal hold (also known as a litigation hold) is a notification sent from an organization's legal team to employees instructing them not to delete electronically stored information (ESI) or discard paper documents that may be relevant to a new or imminent legal case.
What are better words for "said"?
- told.
- talked.
- uttered.
- spoke.
- discussed.
- stated.
- shared.
- announced.
What is an example of hold?
I held the mouse by its tail. The girl held her father's hand tightly. He was holding the baby in his arms. The winning captain held the trophy in the air.