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Release Of Liability And Indemnity Agreement for the United Kingdom

Release Of Liability And Indemnity Agreement Template for England and Wales

A Release of Liability and Indemnity Agreement is a legally binding document under English and Welsh law that combines two key elements: a release of liability clause that prevents one party from suing another for specified incidents or claims, and an indemnification provision requiring one party to protect another against specified losses or damages. This agreement is commonly used in situations involving inherent risks or potential future claims, providing protection through both the release of current/future claims and the promise of indemnification against third-party claims.

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Release Of Liability And Indemnity Agreement

Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Release Of Liability And Indemnity Agreement?

The Release Of Liability And Indemnity Agreement is a crucial risk management tool under English and Welsh law, typically employed when parties need to allocate risk and protect against future claims. This document is particularly relevant in situations involving inherent risks, such as recreational activities, construction projects, or business transactions where one party wishes to be protected from potential claims while securing indemnification against third-party claims. The agreement combines both prospective and retrospective protection, making it a comprehensive risk management solution that complies with English law requirements for consideration and certainty.

What sections should be included in a Release Of Liability And Indemnity Agreement?

1. Parties: Identifies all parties to the agreement and their relevant details

2. Background: Context and purpose of the agreement, including any relevant history or circumstances

3. Definitions: Key terms and their meanings as used throughout the agreement

4. Release of Liability: Core terms releasing specified party from liability, including scope and extent of release

5. Indemnification: Terms of indemnification obligations, including scope and limitations

6. Governing Law: Specification of applicable law (England and Wales) and jurisdiction

What sections are optional to include in a Release Of Liability And Indemnity Agreement?

1. Insurance Requirements: Specifies insurance coverage requirements for high-risk activities or substantial potential liability

2. Consideration: Details of any payment or consideration provided in exchange for the release

3. Severability: Provisions addressing the survival of agreement terms if others are found invalid

4. Duration: Specifications for time period during which the release remains valid

What schedules should be included in a Release Of Liability And Indemnity Agreement?

1. Schedule of Released Claims: Detailed enumeration of specific claims being released under the agreement

2. Schedule of Indemnified Parties: Comprehensive list of additional parties covered by the indemnification provisions

3. Schedule of Activities: Detailed description of activities or circumstances covered by the release of liability

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

England and Wales

Document Type

Liability Waiver

Sector

Sales

Cost

Free to use
Relevant legal definitions























Clauses
























Industries

Unfair Contract Terms Act 1977: Key legislation governing exclusion clauses, incorporating a reasonableness test for liability limitations and special provisions for business-to-consumer contracts. Essential for ensuring enforceability of liability releases.

Consumer Rights Act 2015: Critical legislation for agreements involving consumers, setting requirements for fairness and transparency in contractual terms. Must be considered if any party is acting as a consumer.

Contracts (Rights of Third Parties) Act 1999: Governs the rights of third parties to enforce contractual terms and provides mechanisms for excluding third-party rights if desired in the agreement.

Limitation Act 1980: Sets statutory time limits for bringing claims and establishes limitation periods that may affect the enforceability of the indemnity provisions.

Common Law Principles: Fundamental legal principles including doctrine of consideration, capacity to contract, rules against penalty clauses, and principles of contractual interpretation.

Misrepresentation Act 1967: Addresses fraudulent, negligent, or innocent misrepresentation and provides remedies for misrepresentation that may affect the validity of the release.

Supply of Goods and Services Act 1982: Relevant when the release and indemnity agreement relates to the supply of goods or services, establishing implied terms and obligations.

Companies Act 2006: Essential consideration when parties are corporations, particularly regarding authority to execute agreements and corporate capacity.

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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