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It is important that the wording of the hold harmless and indemnification clause of the contract be clear.The hold harmless and indemnification clause can protect the member from costs and damages arising out of the negligent acts of the vendor.

Sentence examples similar to hold harmless from any liability from inspiring English sources. Next, he said, any permission granted to the owners of the adjacent building should be put in writing and include an indemnification agreement providing that the co-op will be held harmless for any liability that could arise.

By signing a broad form hold harmless agreement you are possibly exposing your company to uninsurable risk. Contractual Liability Coverage for sole or gross negligent acts of your client is excluded is y most liability policies.As with all contracts, it is best to have legal counsel review prior to signing.

Enforceability of Hold Harmless Agreements The general answer is yes, that these documents signing away your right to sue for negligence are legally enforceable.

An apartment lease may have a hold harmless clause stating that the landlord is not responsible for any damage caused by the tenant. A homeowner hiring a roofer might request a hold harmless clause to protect against a lawsuit if the roofer falls off the roof.

What Is a Hold Harmless Clause? The hold harmless clause is a statement in a legal contract that absolves one or both parties in a contract of legal liability for any injuries or damage suffered by the party signing the contract.

A hold harmless agreement protects business owners from being sued when someone suffers damage, bodily injury, or financial loss on business property or while a service is being provided.