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Release Of Liability And Indemnity Agreement

Release Of Liability And Indemnity Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Release Of Liability And Indemnity Agreement

"I need a Release of Liability and Indemnity Agreement for my Dubai-based adventure sports company, covering both indoor rock climbing and outdoor desert activities, to be used starting January 2025 for all participant waivers."

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Document background
The Release Of Liability And Indemnity Agreement is a crucial legal document used in the United Arab Emirates when parties need to establish clear parameters for liability release and indemnification obligations. This document is particularly relevant in situations involving risk-bearing activities, service provisions, or business relationships where one party wishes to be protected from potential future claims while securing indemnification commitments. The agreement must comply with UAE Federal Law No. 5 of 1985 (Civil Code) and incorporate relevant Sharia law principles. It is commonly used in various contexts, from recreational activities to professional services, and can be customized to address specific industry requirements while maintaining enforceability under UAE law. The document typically includes comprehensive definitions, clear scope of release, specific indemnification obligations, and risk acknowledgment provisions.
Suggested Sections

1. Parties: Identification and details of the Releasor (party providing the release) and Releasee (party being released from liability)

2. Background: Context of the agreement, relationship between parties, and circumstances necessitating the release

3. Definitions: Key terms used throughout the agreement, including 'Claims', 'Liability', 'Indemnified Parties', and 'Released Matters'

4. Release of Liability: Comprehensive description of the release granted, including scope of released claims and specific activities covered

5. Indemnification: Details of the indemnification obligations, including scope, procedure, and limitations

6. Acknowledgment of Understanding: Confirmation that the Releasor understands the rights being waived and the implications of the agreement

7. Representations and Warranties: Statements of fact and guarantees by both parties regarding their capacity and authority to enter into the agreement

8. Term and Survival: Duration of the agreement and which provisions survive termination

9. Governing Law and Jurisdiction: Specification of UAE law as governing law and relevant jurisdiction for disputes

10. Execution: Signature blocks and execution requirements, including witness provisions

Optional Sections

1. Insurance: Required when specific insurance coverage needs to be maintained by either party

2. Consideration: Include when there is specific consideration being provided for the release

3. Severability: Optional clause ensuring survival of remaining provisions if any provision is found invalid

4. Dispute Resolution: Include when parties wish to specify alternative dispute resolution methods

5. Language: Required when document is bilingual, specifying which language prevails

6. Notices: Include when formal notice procedures need to be established

7. Assignment: Include when transfer of rights needs to be addressed

8. Force Majeure: Include when certain events should not trigger liability

Suggested Schedules

1. Schedule 1 - Released Claims: Detailed list of specific claims, liabilities, or matters being released

2. Schedule 2 - Specific Activities: Description of activities or events covered by the release

3. Schedule 3 - Indemnified Parties: List of additional parties covered by the indemnification provisions

4. Appendix A - Risk Acknowledgment: Detailed acknowledgment of risks associated with the activities covered

5. Appendix B - Insurance Requirements: Specific insurance requirements and coverage details if applicable

Authors

Alex Denne

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant Industries

Construction

Real Estate

Sports and Recreation

Entertainment

Healthcare

Education

Tourism and Hospitality

Events Management

Professional Services

Manufacturing

Logistics

Technology

Retail

Financial Services

Transportation

Oil and Gas

Fitness and Wellness

Relevant Teams

Legal

Risk Management

Compliance

Operations

Facilities Management

Events

Health and Safety

Contract Administration

Business Development

Project Management

Corporate Governance

Customer Service

Relevant Roles

Legal Counsel

Risk Manager

Compliance Officer

Operations Director

Facility Manager

Event Coordinator

Health and Safety Officer

Contract Administrator

Business Development Manager

Project Manager

General Manager

Corporate Secretary

Chief Legal Officer

Chief Risk Officer

Operations Manager

Customer Service Manager

Industries
UAE Federal Law No. 5 of 1985 (Civil Code): The primary legislation governing civil transactions, contracts, and obligations. It contains provisions about contract formation, validity, and enforcement.
UAE Federal Law No. 18 of 1993 (Commercial Transactions Law): Contains provisions regarding commercial transactions and business relationships, relevant for commercial liability and indemnification matters.
UAE Federal Law No. 15 of 1980 (Electronic Transactions and Commerce Law): Relevant if the agreement will be executed electronically or if any part of the transaction involves electronic communications.
UAE Federal Law No. 5 of 2012 (Cyber Crime Law): Important when dealing with electronic signatures and digital authentication of agreements.
Sharia Law Principles: Islamic law principles that influence UAE legal interpretation, particularly regarding fairness, good faith, and prohibited activities.
UAE Federal Law No. 10 of 1980 (Central Bank Law): Relevant for provisions related to financial obligations and monetary aspects of indemnification.
Dubai Law No. 7 of 2005 (Property Law): If the release of liability involves real estate or property-related matters in Dubai.
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,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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