Contractual liability is liability imposed on an entity by the terms of a contract.
indemnitee
The indemnitee is the person or organization that is held harmless in a contract (by the indemnitor).
Related Terms
A hold harmless agreement is a provision in a contract that requires one contracting party to...
The indemnitor is the person or organization that holds another (the indemnitee) harmless in a...
Indemnity is compensation to a party for a loss or damage that has already occurred or to guarantee...
An indemnity contract is an agreement to pay on behalf of another party under specified...
To indemnify is to make compensation to an entity, person, or insured for incurred injury, loss, or...
Indemnification can mean that in policies written on an indemnification basis, the insurer...
