Release Of Liability And Indemnity Agreement Template for Nigeria

1. Insurance: Required when specific insurance coverage is relevant to the release or indemnification

2. Consideration: Needed when there is specific payment or value exchange for the release

3. Severability: Recommended when there's concern about the enforceability of specific provisions

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

5. Notices: Required when formal communication procedures need to be established

6. Force Majeure: Include when ongoing obligations exist that could be affected by extraordinary events

7. Dispute Resolution: Optional section detailing specific dispute resolution procedures like mediation or arbitration

1. Schedule A - Description of Activities: Detailed description of activities or circumstances covered by the release

2. Schedule B - Specific Risks: Enumeration of specific risks being acknowledged and released

3. Schedule C - Insurance Requirements: Detailed insurance requirements if applicable

4. Appendix 1 - Related Parties: List of additional parties covered by the release or indemnification

5. Appendix 2 - Excluded Claims: Specific claims or circumstances excluded from the release