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FRANKFORT COUNTRY MARKET INDEMNIFICATION AND HOLDHARMLESS/ INSURANCE CERTIFICATION The undersigned, for himself and, if different, for the person or organization on whose behalf this application is
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wwwlawinsidercomclausemutual-indemnificationmutual indemnification and holdharmless refers to a clause in a contract where both parties agree to indemnify and hold harmless each other from certain liabilities.
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Both parties involved in the contract are required to include the mutual indemnification and hold harmless clause in the agreement.
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The clause should outline the specific liabilities that each party agrees to indemnify and hold harmless the other party from, as well as any conditions or limitations.
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The purpose of this clause is to allocate and limit the risks and liabilities between the parties involved in the contract.
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The clause should specify the scope of indemnification, the procedures for making indemnification claims, and any exclusions or limitations on the indemnification obligations.
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