Business Release Form Template for Denmark

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5

4.8 / 5

Let's create your Business Release Form

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Business Release Form

Document background

The Business Release Form is a critical legal instrument used in Danish business transactions to formally discharge rights, claims, or obligations between commercial parties. It serves as a crucial tool for businesses looking to settle disputes, conclude business relationships, or release parties from specific obligations under Danish law. This document is particularly relevant when companies need to formalize the end of business relationships, settle disputes without litigation, or provide mutual releases following the completion of projects or transactions. The form must comply with Danish contract law requirements and EU regulations, particularly regarding data protection and competition law. It typically includes comprehensive release provisions, warranties, and representations to ensure legal certainty and enforceability within the Danish jurisdiction.

Suggested Sections

1. Parties: Identification of the releasing party and the released party, including full legal names, business registration numbers (CVR), and registered addresses

2. Background: Context of the business relationship and circumstances leading to the release

3. Definitions: Key terms used throughout the document, including 'Released Claims', 'Effective Date', and any specific business terms

4. Scope of Release: Detailed description of what claims, rights, or obligations are being released

5. Consideration: Details of any payment or other consideration being provided in exchange for the release

6. Representations and Warranties: Statements by both parties confirming their authority to enter into the agreement and understanding of its implications

7. Confidentiality: Terms regarding the confidentiality of the release agreement and any related information

8. Governing Law and Jurisdiction: Specification of Danish law as governing law and designation of competent courts

9. Execution: Signature blocks and execution requirements

Optional Sections

1. Non-Disparagement: Mutual agreements not to make negative statements about each other, useful in sensitive business separations

2. Return of Property: Terms regarding the return of any business property or documents, relevant when there has been sharing of physical or intellectual property

3. Future Cooperation: Terms outlining any continuing obligations or cooperation requirements, useful in cases where some business relationship continues

4. Tax Implications: Clarification of tax responsibilities, relevant when the release involves significant financial considerations

5. Data Protection: GDPR-compliant provisions regarding handling of personal data, necessary when personal data is involved

6. Insurance and Indemnification: Additional provisions regarding insurance coverage and indemnification, useful in high-risk situations

Suggested Schedules

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

2. Schedule 2 - Excluded Claims: List of claims or rights specifically excluded from the release

3. Schedule 3 - Property Register: Inventory of any business property to be returned or transferred

4. Appendix A - Related Agreements: List of any related agreements affected by or referenced in the release

5. Appendix B - Payment Terms: Detailed payment schedule or consideration terms, if applicable

Authors

Relevant legal definitions

Clauses

Relevant Industries

Relevant Teams

Relevant Roles

How Genie AI reduced drafting time by 75% for a legal firm

Let's create your Business Release Form

Authors

Find the exact document you need

Medical Liability Waiver

Legal Waiver Of Responsibility

Online Waiver Form

Liability Form

Damage Waiver Form

Participant Waiver Form

Liability Insurance Waiver

Event Participation Waiver Form

Risk Waiver Form

Release Of Liability Waiver

Limited Liability Waiver

Damage Liability Waiver

Party Liability Waiver

Non Liable Agreement

No Liability Waiver

Construction Site Waiver Form

Non Liability Contract

Non Liability Form

Injury Waiver Form

Business Release Form

Indemnity Waiver Form

Medical Liability Waiver Form

No Liability Agreement

General Release Of Liability Form

Download our whitepaper on the future of AI in Legal

Genie’s Security Promise

Your documents are private:

Your documents are protected:

Organizational security

Innovation in privacy:

Want to know more?

Commercial

Employment

IP

Administration

Finance

R&D

Use Cases