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  2. Indemnity - Wikipedia

    en.wikipedia.org/wiki/Indemnity

    The duty to indemnify is usually, but not always, coextensive with the contractual duty to "hold harmless" or "save harmless". In contrast, a " guarantee " is an obligation of one party (the guarantor ) to another party to perform the promise of a relevant other party if that other party defaults .

  3. Boilerplate clause - Wikipedia

    en.wikipedia.org/wiki/Boilerplate_clause

    Such clauses refers to the standardized clauses in contracts, and they are to be found towards the end of the agreement. [1] Including boilerplate clauses is the process by which parties to the contract may better define their relationship and the will to provide certainty if terms in the contract are ever disputed .

  4. Escrow - Wikipedia

    en.wikipedia.org/wiki/Escrow

    Not all escrow agreements impose the duties of a legal trustee on the escrow agent, and in many such agreements, escrow agents are held to a mere gross negligence standard and benefit from indemnity and hold harmless provisions. If the escrow agent is licensed by governmental authority, [where?] then much higher legal standards may apply.

  5. Harmless - Wikipedia

    en.wikipedia.org/wiki/Harmless

    Harmlessness or harmless may also refer to: Legal. Hold harmless, legal term in the contract law concept of indemnity; Harmless error, ...

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  7. Water Resources Development Act of 1974 - Wikipedia

    en.wikipedia.org/wiki/Water_Resources...

    LOCAL COOPERATION, STUDY; REPORT TO CONGRESS Pub. L. 93-251, title I, Sec. 24, Mar. 7, 1974, 88 Stat. 20, provided that the Secretary of the Army make a study of the items of local cooperation involving hold and save harmless provisions which have been required for water resource development projects under his jurisdiction and report on such study to Congress not later than June 30, 1975.

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