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Non-Exclusive License Agreement to use Real Property, including Waiver, Assumption of Risk, and Indemnification Agreement

Non-Exclusive License Agreement to use Real Property, including Waiver, Assumption of Risk, and Indemnification Agreement 2025

Non-Exclusive License Agreement to use Real Property, including Waiver, Assumption of Risk, and Indemnification Agreement Preview on Page 1

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This document is a Non-Exclusive License Agreement between a Licensor and a Licensee, allowing the Licensee to use specified real property for recreational activities such as fishing and hunting. It outlines the terms of use, payment obligations, termination conditions, legal compliance, liability waivers, and indemnification provisions. The agreement emphasizes that the license is personal and non-transferable, requires periodic check-ins with the Licensor, and mandates arbitration for disputes.

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What is the assumption of risk waiver?

Express assumption of risk, typically achieved through a signed waiver, prevents an injured plaintiff from recovering beyond the terms of the waiver so long as the waiver is not against public policy. Although generally raised in tort cases, courts often treat express assumption of risk as a contract issue.

What is a risk waiver indemnification agreement?

It dramatically reduces the risk associated with many types of contracts. The terms of an indemnification agreement ensure that you are not held liable for any contract-related loss or damage outside of your control.

What is a non-exclusive licensing agreement?

A non-exclusive license is a type of license where the copyright holder (the person or entity that owns the rights to a creative work) grants permission for others to use or reproduce the work without transferring ownership.

What are the three types of indemnification?

This makes the subcontractor the indemnitor who agrees to save and hold harmless the general contractor (the indemnitee) and, usually, the owner. There are three basic types of indemnities. From an insurance perspective, the indemnities are broken down into limited form, intermediate form, and broad form.

What is a risk waiver?

An Acknowledgment of Risk and Waiver of Liability form (also known as a waiver) is used to: Inform prospective participants of potential risks involved with an activity. Allow an individual to voluntarily choose to incur risks. Secure an agreement from the individual to hold harmless the University.

What is an indemnification waiver?

In a legal sense, an indemnity clause is simply something thats part of a liability waiver. It helps clarify that the person signing the clause (the indemnifier) is agreeing to remove liability from the business so they can participate in the related activity, event, or service.

Non-Exclusive License Agreement to use Real Property, including Waiver, Assumption of Risk, and Indemnification Agreement 2025

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