This agreement if often in the form of a letter or a waiver that the participant must sign. The hold harmless agreement may be unilateral or reciprocal. With a unilateral agreement, one party to ...

Each term—“indemnify,” “defend,” and “hold harmless”—has a distinct and important role in an indemnity clause, so it is important to understand the nuances and differences among ...

There has been some recent movement by lenders to re-examine the hold harmless language in their forms of commitment and engagement letters. We will continue to monitor practical applications and ...