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 ?
PLENTY TO TALK ABOUT: Double Grammy winner John Mayer was acting like the mayor of Los Angeles when he held court in a pink-hued outdoor cabana at the Sony/BMG post-Grammy party at the Beverly Hills Hotel on Sunday night.
At a recent public design forum Jesse Martinez held court essentially speaking for a united front of diverse Venetians.
New Views, making its debut next month at the Atlanta International Area Rug Market, was created for the modern customer who favors softer, more calming lines and colorways, in contrast to some of the bold brights that held court in recent seasons.
Nine-times Wimbledon champion Navratilova held court at one table and donated a signed tennis raquet for the raffle.