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hold, v to possess by reason of a lawful title. hold harmless clause, n a contract provision in which one party to the contract promises to be responsible for liability incurred by the other party. Hold harmless clauses frequently appear in the following contexts: (1) Contracts between dental benefits organizations and an individual dental professional often contain a promise by the dental professional to reimburse the dental benefits organization for any liability the organization incurs because of dental treatment provided to beneficiaries of the organization's dental benefits plan. This may include a promise to pay the dental benefits organization's attorney fees and related costs. (2) Contracts between dental benefits organizations and a group plan sponsor may include a promise by the dental benefits organization to assume responsibility for disputes between a beneficiary of the group plan and an individual dental professional when the dental professional's charge exceeds the amount the organization pays for the service on behalf of the beneficiary. If the dental professional takes action against the patient to recover the difference between the amount billed by the dental professional and the amount paid by the organization, the dental benefits organization will take over the defense of the claim and will pay any judgments and court costs. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Nevertheless, Starr's investigation could yet result in possible criminal charges, although it is more likely that the independent counsel will turn over to Congress whatever evidence he holds against the Clintons. Manexco"), the majority shareholder of Ced-Or, has agreed to convert a debt settlement of $1,200,000 (CA) it holds against Ced-Or into common shares in the capital stock of Ced-Or. At the workshops, Broderick told participants that each check represents an assignment of a multimillion-dollar ``lien,'' credit or debt she holds against the federal government based upon an illegal search conducted of a business she owned, according to court documents filed by the U. |
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