WebConsultant shall defend, indemnify and hold harmless the Authority Parties from and against all damages, losses, costs and expenses, of any nature whatsoever, whether incurred as a judgment, settlement, penalty, fine or otherwise ( including reasonable attorneys ’ fees and the cost of defense ), in connection with any action, proceeding, … WebJul 24, 2024 · On the other hand, hold harmless is a defensive measure providing “ [t]he right not be bothered by the other party itself seeking indemnification.” Under this view, hold harmless shields...
Free Hold Harmless Agreement Template for Microsoft Word
WebJul 13, 2024 · A hold harmless agreement in a construction contract is a clause that states one party (usually the subcontractor) will not hold the other party (usually the GC or … WebNov 2, 2024 · A hold harmless clause is a statement in a contract, specifying that one or both parties agree not to hold the other responsible for any damages or injuries caused to the contract signee. It is widely used by doctors in contracts with hospitals, clinics, nursing homes, or other third parties. farmborough pre-school
Hold Harmless Clause (Best Guide With Sample Clauses)
WebSep 27, 2016 · In the construction industry, having a hold harmless clause in a contract is one way that a specific party can ensure that another party involved shares, or pays the cost of, an incurred loss. General contractors and owners commonly use hold harmless clauses to reduce their exposure to risk, thereby helping them maintain lower insurance premiums. WebHold Harmless Agreement This HOLD HARMLESS AGREEMENT (this “Agreement”) is made effective on [insert date] by and between [insert name of who will be protected from liability] of [insert address here], and [insert name of who will provide protection from liability], of [insert address here]. WebAug 21, 2024 · A hold harmless clause is a clear legal statement indicating that an individual or enterprise will not be held liable in any way for the risk, danger, injury, or … free online ctet mock test