Hold Harmless Clause In Divorce Decree
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FAQ
I agree to indemnify and hold the Released Parties harmless from all losses, liabilities, damages, costs or expenses (including but not limited to reasonable attorneys' fees and other litigation costs and expenses) incurred by any of the Released Parties as a result of any claims or suits that I (or anyone claiming by, ...
How to fill out a hold harmless agreement The date of the agreement. The name of the person held harmless or protected, with their address. The name of the other party to the agreement, with their address. Details about the activity or event the agreement is about, such as horseback riding or country club membership.
An example of a hold harmless clause that uses indemnity language is one stating that one party shall "indemnity, defend, and hold harmless" the other "from and against claims, damages, losses, and expenses, including but not limited to attorney's fees, arising out of or resulting from negligence or misconduct in ...
In non-technical language as it relates to your divorce, an indemnity clause gives you the legal right to take legal action against your former spouse or partner if they do not hold up their end of certain terms of your divorce.
An indemnity agreement is sometimes called a ?hold harmless? provision. It's an undertaking from one spouse to the other ? usually made about payment of a debt. The party making the indemnity is called theindemnitor, and the party receiving the indemnity is called the indemnitee.