Hold harmless
Term · Law · MLC-T-LAW-002435
A contractual provision in which one party agrees to assume liability for certain damages or losses and to protect another party from claims or lawsuits arising from those specified risks. This clause shifts potential financial responsibility from one party to another. It is frequently included in contracts for services, construction, and leases.
| Identifier | MLC-T-LAW-002435 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-002435",
"term": "Hold harmless",
"field": "Law",
"definition": "A contractual provision in which one party agrees to assume liability for certain damages or losses and to protect another party from claims or lawsuits arising from those specified risks. This clause shifts potential financial responsibility from one party to another. It is frequently included in contracts for services, construction, and leases.",
"url": "https://mlchart.com/terminology/law/hold-harmless/"
}
Record 2,351 of 5,441 in Law terminology (MLC-0107). Request the full dataset.