Hold Harmless (n) Hold Harmless is the condition or provision agreed by a person accepting all future responsibilities, cost and claim that may arise from the transaction, activity, event or agreement.
HOLD HARMLESS - A phrase used in contract law to signify a commitment by one party to make good or repay another party in the event of a specified loss.
Hold Harmless: A phrase used to describe an agreement by which one person agrees to assume full liability for an obligation and protect another from any loss or expense from that obligation.
Hold Harmless Agreement: A contractual arrangement whereby one party assumes the liability inherent in a situation, thereby relieving the other party of responsibility.
hold harmless - Clause or term of a contract in which one party promises not to hold the other party responsible if the other party carries out the contract in a way that causes damage to the original party.
Hold harmless: An agreement in which one party agrees to protect the other party from liability for any damage that may occur in connection with a particular transaction, such as a lease.
hold harmless n. a promise to pay any costs or claims which may result from an agreement.
Hold harmless Definition - adj : of, relating to, or being an agreement between parties in which one assumes the potential liability for injury that may arise from a situation and thus relieves the other of liability < ...
hold harmless In a contract, a promise by one party not to hold the other party responsible if the other party carries out the contract in a way that causes damage to the first party.
save harmless v. 1) also called hold harmless, to indemnify (protect) another f... savings and loan n. a banking and lending institution, chartered either by a state...
See also: Information, Cause, Law, State, Contra
 
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