Hold Harmless Agreement

Found in almost all venue rental agreements, this clause generally makes you responsible for everything that happens during your rental term. Thus relieving the other party of all responsibility.

It is important to note, insurance policies do not cover most of the risk you assume under a hold harmless clause. For example a typical clause will say “tenant assumes any and all liability during the rental term”. Since there is not a policy in existence that covers any and all mishaps, anything that happens that is not covered by your policy would be your out of pocket responsibility.

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