Webb[insert name] shall fully defend, indemnify, and hold harmless [insert name] from any and all claims, lawsuits, demands, causes of action, liability, loss, damage and/or injury, of any kind whatsoever ( including without limitation all claims for monetary loss, property damage, equitable relief, personal injury and/or wrongful death), whether brought by an … WebbSeller or Seller's agents or representatives. Buyer shall indemnify and hold Seller and Seller's agents and representatives harmless from any and all damage, loss, claim, …

Indemnification Clauses in Commercial Contracts

Webb16 maj 2024 · Indemnification is most often referred to as ‘to hold harmless’, usually in reference to one’s actions. Many high-risk activities, like skydiving or heli-skiing, require individuals to sign an indemnity agreement before they can participate. This protects the business or company from liability if there is an accident. WebbIf the "hold harmless" obligation is omitted, the indemnifying party does not become responsible for losses until the indemnified party makes payment. In addition, the … msu extension sanders county

hold harmless - Traducción al español – Linguee

Webb2 juni 2024 · What is a Hold Harmless Agreement Template? If we put it in very simple words, a hold harmless agreement is a written manifestation of a legal contract between two parties. This legal document is a proof that in case of some kind of loss, damage, or injury, the involved parties (that are signing the document) will not be held legally … WebbHere are some professional-grade samples of hold harmless contracts used in a variety of situations, provided as PDF and Word document files. Feel free to download them at no cost as a point of reference or as … WebbHold Harmless. The Subrecipient shall hold harmless, defend and indemnify the Grantee from any and all claims, actions, suits, charges and judgments whatsoever that arise out … how to make model railway baseboards