Vendor Packet Question - Lien Issue

Good Morning,

I have been filling out vendor packets today when I read this paragraph and, after consideration, I do not fully understand what this paragraph is saying. I will post this paragraph for your consideration in the attempts to shed some light on this subject.

Vendor Packet said:

Independent Contractor also agrees to defend, indemnify, save and hold harmless Service Company, its principals, employees and agents from any and all claims, damages, losses and actions resulting from or arising out of Independent Contractor's effors to perform property preservation services for the above claim, except, as may be caused by or which arises out of negligence on the part of the Service Company, its principals, employees or agents.

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Does this paragraph, in short, state that I agree to not place a lien on a property to recuperate a financial loss?

Any and all comments are welcome.

Thank you