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It is a legal term which covers who pays for what in the event of litigation. In a construction contract setting, generally, the owner will require the contractor to indemnify, defend and hold them harmless in the event of a claim attributable to the work. Separately they mean:
Indemnify - reimburse costs for defense of the claim
Defend - control the defense of the claim
Hold Harmless - agreement to not hold the owner liable for costs the contractor incurs as a result of defending the claim
What else can I help you with?
Can you explain the difference between indemnify and hold harmless in a contract agreement?
In a contract agreement, "indemnify" means to compensate for any losses or damages, while "hold harmless" means to not hold someone legally responsible for certain actions or outcomes.
What are the differences in the legal definitions of save harmless hold harmless and indemnify?
There is no substantial difference among the three terms.
What does indemnifies mean?
I believe to indemnify means to hold harmless in the event of a problem. Actually almost the opposite...it means you will be responsible for and pay for the damages or hurt/costs suffered. It normally is used with the above though to become something like "I will hold you harmless and indemnify you for any loss because of...."
What does it mean to indemnify and hold harmless in a legal context?
To indemnify and hold harmless in a legal context means to protect someone from financial loss or legal responsibility for certain actions or situations. It involves one party agreeing to compensate or protect another party from any damages, liabilities, or costs that may arise from a specific situation or agreement.
What does it mean for you to indemnify an insurance company and hold them harmless?
It refers to your agreement that, if the insurer pays you a sum of money, and there comes along another person or entity that also asserts an entitlement to all or a part of that money, that you will indemnify and hold the insurer harmless from that claim. Indemnity is a legal theory that one will pay, on behalf of another, that which the other party may owe. To hold harmless means essentially the same thing but is often used to extend the obligation to the payment of attorney's fees and attending costs.
Are kiwis harmless to humans?
Yes, they are completely harmless. They hold no threat for humans.
What is a hold harmless agreement?
Also called an "indemnification", this type of agreement protects someone from being sued because of what a third person does to the victim. For example, before I let you clean the floors of my office, you will have to indemnify me (hold me harmless) if you negligently leave a dangerous condition that injures a visitor. The visitor sues me, I invoke indemnification, you pay all my legal bills and any damages awarded by the court.
Is holding urine for 8 hours harmless?
it depends on where you are holding it, if you try to hold it on my face, it's not harmless.
Where I can get a hold harmless agreement?
You can obtain a generic Hold Harmless Agreement from many off the shelf Software suites offering legal forms at your local Computer software vendor.
Where can i find a free hold harmless agreement for repossessing cars?
in the sewer
What is the phrase used to the wrestling hold?
the sleeper hold is the most used
Which clause is implemented if the requirements associated with preauthorization of a claim prior to payment are not met?
hold harmless
