There are multiple definitions - click on the translation that matches your context.

各自负责条款

名词

full

knock-for-knock clause

noun

Definitions of knock-for-knock clause

a contract clause stating that each party will be liable for any damage or loss to its own property or accident or injury to staff, and will not make a claim against the other party - even if that party is at fault

Knock-for-knock clauses are essential for the smooth running of our offshore operations.