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Unconditional Release Of Liability
"I need an Unconditional Release of Liability to release my construction company from all claims related to a completed office renovation project, with payment of £50,000 as consideration to be made by March 15, 2025."
1. Parties: Identification of releasing and released parties, including full legal names and addresses
2. Background: Context of the release, including relevant circumstances and any disputes or claims being addressed
3. Definitions: Key terms used in the release, including 'Claims', 'Released Parties', and specific terms relevant to the situation
4. Release Provisions: Core terms of the release, including scope of claims being released and confirmation of unconditional nature
5. Consideration: Details of the value being exchanged for the release, whether monetary or otherwise
6. Governing Law: Specification that the agreement is governed by the laws of England and Wales
1. Non-Admission of Liability: Statement that the release does not constitute admission of liability by any party
2. Confidentiality: Terms regarding the confidentiality of the release and any underlying dispute
3. Future Claims: Provisions addressing potential unknown future claims and their treatment
4. Third Party Rights: Provisions regarding rights of third parties under the Contracts (Rights of Third Parties) Act 1999
5. Severability: Provisions for maintaining validity of remaining terms if any part is found unenforceable
1. Schedule 1 - Released Claims: Detailed list of specific claims, disputes, or matters being released
2. Schedule 2 - Related Parties: Comprehensive list of affiliated entities, subsidiaries, or individuals covered by the release
3. Schedule 3 - Payment Details: Details of any consideration payments, including amounts, timing, and payment methods
Authors
Claims
Consideration
Effective Date
Liability
Loss
Parties
Released Claims
Released Matters
Released Party
Releasing Party
Representatives
Subject Matter
Affiliates
Associated Persons
Confidential Information
Dispute
Excluded Claims
Future Claims
Group Companies
Known Claims
Related Parties
Unknown Claims
Consideration
Non-Admission of Liability
Confidentiality
Warranties and Representations
Indemnification
Severability
Entire Agreement
Further Assurance
Governing Law and Jurisdiction
Amendment and Waiver
No Third Party Rights
Binding Effect
Assignment
Notices
Costs
Counterparts
Known and Unknown Claims
Future Claims Waiver
Covenant Not to Sue
Authority to Execute
Acknowledgment
Survival
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