What is the hold harmless and indemnification clause?
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.
What is the wording for a hold harmless agreement?
shall fully defend, indemnify, and hold harmless from any and all claims, lawsuits, demands, causes of action, liability, loss, damage and/or injury, of any kind whatsoever ( including without limitation all claims for monetary loss, property damage, equitable relief, personal injury and/or wrongful death), whether Free Hold Harmless Agreement: Make, Sign Download - Rocket Lawyer rocketlawyer.com document hold-harml rocketlawyer.com document hold-harml
What is the wording of indemnity clause?
Example: Indemnify and Hold Harmless Clause The supplier agrees to indemnify and hold harmless the customer against all claims arising in respect of any injury, death, sickness or ill-health caused to or suffered by the customer and its personnel as a result of performance or non-performance of this Agreement. Indemnity Clauses Examples: IP Rights, third parties, hold harmless hallellis.co.uk indemnity-clauses hallellis.co.uk indemnity-clauses
How do you write an indemnification clause?
Phrasing for indemnity clauses For a mutual indemnity clause, the contract could state that each party agrees to indemnify, defend, and hold harmless each other for and from any loss or liability arising from the partys bdocHub of the contract. Here the bdocHub of contract is the indemnification event. Indemnity Clauses: What You Need to Know - Clio clio.com blog indemnity-clause clio.com blog indemnity-clause
What is an example of indemnity and hold harmless clause?
I also agree to indemnify and hold The University harmless from any and all claims, actions, suits, procedures, costs, expenses, damages and liabilities, including attorneys fees, arising out of my involvement in The Activity, and to reimburse it for any such expenses incurred. Indemnification and Hold Harmless Sample Clauses Law Insider clause indemnification- Law Insider clause indemnification-
What is an indemnity clause example?
A primary example is a contract providing that each party shall indemnify the other parties for losses caused by their own bdocHub of contract. An owner and contractor in a construction contract would also often seek mutual indemnity for construction defects or other damages.
How do you word a hold harmless clause?
The Subrecipient shall hold harmless, defend and indemnify the Grantee from any and all claims, actions, suits, charges and judgments whatsoever that arise out of the Subrecipients performance or nonperformance of the services or subject matter called for in this Agreement.
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 attorneys fees, that they may incur due to my participation in said activity, WHETHER CAUSED BY NEGLIGENCE OF RELEASEES or otherwise.