Slide text in a Release of Liability Template - Online Editor

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What is the discharge of liability clause?

The receipt by the Trustees of any money or property or checks (after such checks are honored at the bank and paid to the Trust Fund) shall discharge the person or persons paying or transferring the same to the extent of such payment or transfer.

What is a release of liability in exchange for payment?

A release or waiver of liability is a legally binding document in which one party (the releasor) agrees to waive any potential claim of harm or injury against the other party (the releasee), in exchange for something of value called consideration in contracting terminology.

What is the release of liabilities clause?

A release of liability, also known as a liability waiver or a hold harmless agreement, is a contract in which one party agrees not to hold another party liable for damages or injury.

What is a release from a liability or responsibility?

A release of liability statement, also known as a liability waiver or waiver of responsibility, is a legal document in which one party (the releasor) relinquishes or releases another party (the releasee) from any claims or legal responsibilities arising from certain specified activities, events, or situations.

What is release of contract liability?

A release of liability, also known as a hold harmless agreement, is a legal agreement between two parties in which one party waives the right to hold the other responsible for potential damages.

What is a release of liability form or letter?

What is a Release of Liability form? A Release of Liability is an agreement between two parties in which one gives up the right to hold the other legally responsible for current or future injuries, losses, and damages.

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Slide text in the Release of Liability Template