hold harmless agreement


hold harmless agreement
An agreement or contract in which one party agrees to hold the other free from the responsibility for any liability or damage that might arise out of the transaction involved.

Dictionary from West's Encyclopedia of American Law. 2005.


hold harmless agreement
An agreement or contract in which one party agrees to hold the other free from the responsibility for any liability or damage that might arise out of the transaction involved.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

Look at other dictionaries:

  • hold harmless agreement — A contractual arrangement whereby one party assumes the liability inherent in a situation, thereby relieving the other party of responsibility. Such agreements are typically found in leases, and easements. Agreement or contract in which one party …   Black's law dictionary

  • hold harmless agreement — A contractual arrangement whereby one party assumes the liability inherent in a situation, thereby relieving the other party of responsibility. Such agreements are typically found in leases, and easements. Agreement or contract in which one party …   Black's law dictionary

  • hold-harmless agreement — A contract under which the liability of one party for damages is assumed by another. American Banker Glossary …   Financial and business terms

  • hold harmless — 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 a hold harmless agreement a hold harmless clause compare… …   Law dictionary

  • Hold Harmless Clause — A statement in a legal contract stating that an individual or organization is not liable for any injuries or damages caused to the individual signing the contract. An individual may be asked to sign a hold harmless agreement when undertaking an… …   Investment dictionary

  • hold harmless clause — United Kingdom A clause, often included as part of an indemnity provision in the US, under which one contracting party (A) undertakes not to hold another contracting party (B) responsible for ( harmless against ) certain claims and liability that …   Law dictionary

  • hold harmless —    The promise by one party to a contract or agreement to pay any costs or claims that may result from it. The promise is often extracted when one party is concerned that there might be unknown lawsuits or claims stemming from the performance of… …   Business law dictionary

  • save harmless clause — A provision in a document by which one party agrees to indemnify and hold harmless another party as to claims and suits which may be asserted against him. In some states, such clauses in leases are deemed against public policy and, hence, void.… …   Black's law dictionary

  • Software license agreement — EULA redirects here. For the community, see Eula, Texas. A software license agreement is a contract between the licensor and purchaser of the right to use software. The license may define ways under which the copy can be used, in addition to the… …   Wikipedia

  • Redemption movement — Part of a series on Taxation Taxation in the United States …   Wikipedia

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