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The most commonly used types of hold harmless agreement clauses are the broad, intermediate, and limited form hold harmless clauses. Limited Form Hold Harmless AgreementWhere Party A holds Party B harmless for suits arising out of Party As sole negligence.
What is the meaning of hold harmless agreement?
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.
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