hold

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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.
References in periodicals archive ?
Thus, in the Protestant view, all the non-Christians (Catholics included, of course) are left holding the bag.
In his letter dated 28 July 1998, which was given to the NIS, Robertson stated that "unfortunately somewhere between the jigs and reels it didn't happen, with the result that a [MCpl] was left holding the bag, which included the bus showing up late.
When clear-cut cases of failure (with surfacing sewage) are given to the local prosecutor and nothing happens, the environmental health specialist is left holding the bag.
Under such a system, in which banks have an understandably tough time maintaining their objectivity and independence, Korean banks lent too much money to their industrial partners during good economic times, only to be left holding the bag when many of their ventures failed.
A lot of communities will be left holding the bag when the for-profits fail.
If you deal only with them, you're left holding the bag.
In the end, the consumer is left holding the bag as higher costs and poor service get passed down to the last truck stop.
The Center says, "We are trying to make certain that homeowners in Tennessee do not get left holding the bag with storm related damages to their home that were caused by our nation's severe 2015 winter.
For too long, (Fannie Mae and Freddie Mac) were allowed to make big profits buying mortgages, knowing that if their bets went bad, taxpayers would be left holding the bag.
For too long, these companies were allowed to make big profits buying mortgages, knowing that if their bets went bad, taxpayers would be left holding the bag,'' Obama told a crowd of more than 2,000 at an area high school.
Casey expects will end, his members will move on, and the areas that depend on the landscape for their economy will be left holding the bag.
Everyone made money in this process, but it was the ordinary main street investor who was left holding the bag," he added.