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General Liability Release Of Claims
"I need a General Liability Release of Claims to resolve a construction dispute with my contractor, releasing them from all claims related to project delays and defects discovered between January 2025 and March 2025, in exchange for a settlement payment."
1. Parties: Identification of releasing and released parties
2. Background: Context of the dispute or circumstances leading to the release
3. Definitions: Key terms used in the agreement including Released Claims, Released Parties, and Effective Date
4. Release Provisions: Specific claims being released and scope of release, including known and unknown claims
5. Consideration: Value exchanged for the release, including payment terms if applicable
6. Representations and Warranties: Statements regarding authority to enter agreement and understanding of terms
7. Governing Law: Specification of England and Wales as governing law and jurisdiction
1. Non-Admission of Liability: Statement that release does not constitute admission of liability by any party
2. Confidentiality: Provisions regarding confidentiality of settlement terms and related information
3. Non-Disparagement: Agreement not to make negative statements about other parties
4. Future Cooperation: Terms regarding future cooperation between parties if needed
1. Schedule 1 - Released Claims: Detailed list of specific claims being released under the agreement
2. Schedule 2 - Released Parties: Comprehensive list of all parties covered by the release, including affiliated entities
3. Schedule 3 - Payment Schedule: Details of any settlement payments, including amounts and payment dates
Authors
Claims
Effective Date
Parties
Released Claims
Released Matters
Released Party
Releasing Party
Consideration
Dispute
Losses
Related Persons
Representatives
Settlement Sum
Subject Matter
Unknown Claims
Affiliates
Business Day
Confidential Information
Material Facts
Governing Law
Jurisdiction
Party and Parties
Release Period
Relevant Events
Interpretation
Release
Consideration
Indemnification
Confidentiality
Non-Admission of Liability
Severability
Entire Agreement
Waiver
Further Assurance
Non-Disparagement
Future Claims
Representations and Warranties
Authority to Execute
Third Party Rights
Acknowledgment
Governing Law and Jurisdiction
Execution
Amendment
Notices
Costs
Assignment
Force Majeure
Counterparts
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