hold harmless clause

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00:55 Aug 24, 2020
English to Greek translations [PRO]
Bus/Financial - Economics
Additional field(s): Business/Commerce (general), Economics, Finance (general), Investment / Securities, Law: Contract(s)
English term or phrase: hold harmless clause
Definition from Investopedia:
The hold harmless clause is a statement in a legal contract that absolves one or both parties in a contract of legal liability for any injuries or damage suffered by the party signing the contract. A business may add a hold harmless agreement to a contract when the service being retained involves risks that the business does not want to be held responsible for legally or financially.

Example sentence(s):
  • It would be simple to attach a hold harmless clause to anything one does, but the clause can only be enforced if the company or individual gives a fair assessment of the risk involved and all parties are aware and prepared. These concepts should be made explicit with detailed language. UpCounsel
  • Having said that, some insurers in the marketplace acknowledge the fact that indemnity and hold harmless clauses are common negotiating tools in commercial contracts and so, notwithstanding the fact that such clauses have the effect of waiving some or all of the insurer’s subrogation rights, specifically provide by way of an extension that such clauses will not prejudice the insured’s claim under the policy. CRM Brokers
  • According to a recent insurance company publication, "when hiring independent contractors, it has always been important for community associations to obtain hold harmless clauses in contracts. These clauses can protect the association's interests against allegations that the contractor failed to properly provide services." Washington Post
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Summary of translations provided
4απαλλακτική ρήτρα
Elias Marios Kounas


  

Translations offered


1 day 12 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
απαλλακτική ρήτρα


Definition from Μτφρ. αγγλ. όρου:
Η απαλλακτική ρήτρα αποτελεί δήλωση σε νομική σύμβαση που απαλλάσσει ένα ή αμφότερα τα μέρη της σύμβασης από τη νομική ευθύνη για τυχόν βλάβη ή ζημιά εις βάρος του συνυπογράφοντος μέρους.

Example sentence(s):
  • [όρος] - ΙΑΤΕ  
  • Ειδικότερα, οι συμφωνίες που προβλέπουν τον περιορισμό ή τον αποκλεισμό της ευθύνης ενός ή αμφοτέρων των συμβαλλομένων μερών αποτυπώνονται με τη θέση σχετικής ρήτρας στο κείμενο της σύμβασης και αποκαλούνται «απαλλακτικές ρήτρες» ή «ρήτρες περί ανευθύνου». - Capital  
  • Το βιβλίο «Απαλλακτικές ρήτρες - Κύρος κατά τον ΑΚ και το Ν 2251/1994» ασχολείται με τις άμεσες απαλλακτικές ρήτρες, ήτοι με τις συμφωνίες με τις οποίες αποκλείεται ή περιορίζεται η εκ δικαιοπραξίας ή εκ του νόμου ευθύνη του οφειλέτη. - ΝΟΜΙΚΗ ΒΙΒΛΙΟΘΗΚΗ  
Elias Marios Kounas
Greece
Local time: 10:13
Native speaker of: Greek
PRO pts in category: 28
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