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The document is a Subcontractor Hold Harmless Agreement outlining the indemnification responsibilities of the subcontractor towards the contractor and owner. It specifies that the subcontractor must defend and hold harmless the contractor from claims related to patent infringements, payment failures, and damages arising from their work. Additionally, it mandates the subcontractor to pay for all materials and labor used in their work and requires them to provide proof of insurance coverage, including workers' compensation and liability insurance, before commencing work.

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Versions	Form popularity	Fillable & printable
2013	4.8 Satisfied (176 Votes)

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What is the legal term for hold harmless?

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 does hold harmless mean?

Hold harmless is defined as a promise in a contract , 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.

What is a hold harmless in medical terms?

The member will not be held financially responsible for the cost of covered services except for any applicable copayment, coinsurance, or deductible if all of the following are true: The member has followed the guidelines of the Plan.

What is the difference between indemnify and hold harmless?

A hold harmless clause is commonly added to contracts. The idea is to protect the company and transfer some of the companys liability to you in return for the business they are sending to you. The clause requires that you protect the company with whom you are contracting if they are sued.

Is there a difference between indemnify and hold harmless?

Definition and Purpose: A hold harmless clause releases one party from liability, while indemnification ensures compensation for damages or losses. Key Differences: While similar, hold harmless may prevent lawsuits altogether, whereas indemnification ensures financial protection after damages occur.

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What is another word for hold harmless?

Hold harmless clauses go by many names. They may also be called hold harmless agreements, hold harmless provisions, or indemnity agreements.

Whats another word for 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.

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What is the legal term for hold harmless?

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Is there a difference between indemnify and hold harmless?

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