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Third Party Liability Waiver
"I need a Third Party Liability Waiver for my adventure sports company that covers rock climbing activities, releasing us from liability for participant injuries while ensuring compliance with UK safety regulations, to be implemented by March 2025."
1. Parties: Identifies all parties involved in the waiver agreement, including the party giving the waiver and the party receiving it
2. Background: Explains the context and purpose of the waiver, including the activities or circumstances giving rise to the need for the waiver
3. Definitions: Defines key terms used throughout the document, including scope of liability being waived
4. Scope of Waiver: Details the specific liabilities, claims, and rights being waived, including geographical and temporal scope
5. Exceptions to Waiver: Lists statutory exceptions that cannot be waived under English law, including death, personal injury, and fraud
6. Duration: Specifies the time period for which the waiver remains valid and effective
7. Governing Law and Jurisdiction: Confirms the agreement is governed by English and Welsh law and specifies jurisdiction for disputes
1. Insurance Requirements: Used when specific insurance coverage must be maintained by either party
2. Indemnification: Used when additional protection against third party claims is required beyond the basic waiver
3. Consideration: Used when there is specific payment or value exchange for the waiver
4. Third Party Rights: Used to explicitly exclude or include rights under the Contracts (Rights of Third Parties) Act 1999
1. Schedule 1 - Covered Activities: Detailed list of specific activities, events, or circumstances covered by the waiver
2. Schedule 2 - Specific Risks: Comprehensive list of risks and potential liabilities being waived
3. Schedule 3 - Insurance Requirements: Detailed specifications of required insurance coverage, limits, and terms
4. Schedule 4 - Related Parties: List of additional parties covered by or benefiting from the waiver
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