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A legal document used to indemnify the Borough of Montvale and its employees from liability during the use of its property by an organization.
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How to fill out hold harmless agreement

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How to fill out Hold Harmless Agreement

01
Title the document as 'Hold Harmless Agreement'.
02
Identify the parties involved in the agreement, including full names and addresses.
03
Clearly state the purpose of the agreement.
04
Specify the activities or situations covered by the agreement.
05
Detail any exclusions or limitations of liability, if applicable.
06
Include a statement of indemnification, outlining the responsibilities of each party.
07
Ensure to specify the governing law or jurisdiction in which the agreement will be enforced.
08
Include space for the signatures of both parties along with the date.

Who needs Hold Harmless Agreement?

01
Individuals participating in events or activities that carry potential risks.
02
Businesses that offer services or products that could lead to liability claims.
03
Contractors hired for work, especially in physical labor or construction.
04
Non-profit organizations hosting events to protect against claims.
05
Landlords when renting property for events.
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Following is an example: "Contractor shall indemnify, defend (by counsel reasonably acceptable to Association) and hold harmless the Association and its officers, directors, agents and employees from and against claims, damages, losses and expenses, including but not limited to attorneys' fees, arising out of or
An example of a hold harmless clause is: “The contractor holds the principal harmless from any action, claims, liability or loss in respect of the performance of the services.” Under this hold harmless clause, the contractor is not only prevented from bringing any claim against the principal (even if the principal has
Types of Hold Harmless Agreements There are three “levels” of hold harmless agreements, each of which waives a different level of liability. In order from most to least protective, the three types of indemnity agreements are broad form, intermediate form, and limited form.
What does Hold harmless clause mean? A contractual allocation of risk covering certain circumstances but not an indemnity clause proper. Hold harmless clauses are often found in the indemnity provisions, although they are not themselves indemnity clauses.
Generally, hold harmless agreements are enforceable in California if they are specific. Hold harmless provisions are strictly construed against the party they protect.
The prevailing interpretation is that “hold harmless” and “indemnify” are synonymous. However, under the minority view, “hold harmless” requires payment of both actual losses and potential liabilities, while “indemnify” protects against incurred losses only.
A 'hold harmless' clause is similar to an indemnity, but it prevents the supplier from holding the recipient responsible for any loss or damage suffered by the supplier. This deprives the supplier of any legal rights it may have to recover damages or a contribution towards damages from the recipient.
Hold harmless clauses go by many names. They may also be called hold harmless agreements, hold harmless provisions, or indemnity agreements.

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A Hold Harmless Agreement is a legal contract in which one party agrees to not hold another party liable for any loss or damage that may occur during a specified activity or event.
Typically, organizations or individuals who are involved in activities that pose a risk, such as event organizers, contractors, or service providers, are required to file a Hold Harmless Agreement to protect themselves from potential legal claims.
To fill out a Hold Harmless Agreement, include the parties' names, the specific activities being covered, the duration of the agreement, and any limitations or conditions. Each party should sign and date the agreement to make it binding.
The purpose of a Hold Harmless Agreement is to define the liabilities between parties and to protect one party from legal liability for injuries or damages incurred by the other party during a specified activity.
Key information that must be reported on a Hold Harmless Agreement includes the names of the parties involved, a description of the activity, the duration of the agreement, and any specific terms related to liabilities and indemnification.
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