Hold Harmless for Product Liability Clause Samples
The Hold Harmless for Product Liability clause is designed to protect one party from legal responsibility for claims arising from injuries or damages caused by a product. In practice, this clause typically requires one party—often the manufacturer or supplier—to assume responsibility for defending and indemnifying the other party, such as a distributor or retailer, against lawsuits or claims related to product defects or failures. Its core function is to allocate the risk of product liability, ensuring that the party best positioned to manage or insure against such risks bears the associated costs and legal burdens.
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Hold Harmless for Product Liability. FRI agrees to defend, protect, indemnify, and hold harmless OSI from and against any liability, claim, loss, cost or expense arising from any claim for product liability based upon FRI's manufacture, use, or sale of any Licensed Product except to the extent such liability, claim, loss or expense also results from the negligence or willful misconduct of OSI, its employees and agents.