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To in the name of the following said event: The provisions of this agreement apply to myself, my entity, group or organization and our invitees or guests. I agree to abide by all applicable rules and regulation relating to this permit. Failure to do so may result in the revocation of this permit. I agree to reimburse Storey County for any damages done to its property by myself or any other person associated with m.

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Hold Harmless and Indemnification Borrower agrees to indemnify Bank and to hold Bank harmless from, and to reimburse Bank on demand for, all losses and expenses which Bank sustains or incurs as a result of (i) any payment of a LIBOR Option Advance prior to the last day of the applicable LIBOR Period for any reason, ...

How Binding Is a Hold Harmless Agreement? If the state where a hold harmless agreement us being used recognizes these types of clauses and accepts their use in that particular context, then they should be binding. That's not a guarantee, however.

An indemnity or hold harmless agreement offers protection against financial loss for claims resulting from certain activities. For example, a general contractor (GC) may require their subcontractors to hold the GC harmless for damages due to the subcontractor's activities.

Indemnification is a legal agreement by one party to hold another party blameless – not liable – for potential losses or damages. It is similar to a liability waiver but is usually more specific, applicable only to particular items, circumstances, or situations, or in regard to a particular contract.

These hold harmless agreements are contracts, enforceable as any other contract would be, and courts can and do enforce them.

One effect of the hold harmless agreement is that Party A is prevented from suing Party B for any loss caused by Party B. Then the insurer of Party A is similarly prevented by the hold harmless agreement from suing and recovering anything from Party B.

A hold harmless clause is commonly added to contracts. The idea is to protect the company and transfer some of the company's 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.

Any written or verbal agreement between two or more parties can be legally enforced in court. However, absent a legally binding document, accurately determining an oral agreement's terms could be challenging, especially if the parties' recollections or interpretations diverge significantly over time.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232