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AGREEMENT TO RELEASE ALL CLAIMS FOR INJURY OR DEATH TO ME AND TO PROTECT THE UNIVERSITY AND OTHERS F

AGREEMENT TO RELEASE ALL CLAIMS FOR INJURY OR DEATH TO ME AND TO PROTECT THE UNIVERSITY AND OTHERS F 2025

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The document is an agreement between an institution and the University of Alaska for borrowing vehicles to support a project at Toolik Field Station during the 2011 field season. It outlines terms of use, including age and licensing requirements for drivers, risk assumptions, insurance obligations, indemnification clauses, and responsibilities for vehicle repair or replacement. The agreement emphasizes that vehicle availability is not guaranteed and includes conditions under which drivers are eligible.

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What is a release and indemnity agreement?

A hold harmless agreement, or HHA, is an agreement used to help prevent you or your organization from being held responsible for certain types of bodily injury or property damage. This type of agreement might also be referred to as a liability waiver, disclaimer, hold harmless letter, or release of liability.

What is the difference between a release and indemnity?

A well-drafted written release agreement can protect your company from a lawsuit. A release is a written agreement where one party releases the other party from potential liability, usually in exchange for a payment of money or some other form of consideration.

What is the purpose of an indemnity agreement?

A release and indemnity agreement, also called an indemnity agreement or a hold harmless agreement, is a legal contract that releases a party from specific liabilities. Essentially, one party in the contract agrees to pay for all potential losses or damages caused by the other party.

What is a release and indemnification agreement?

A release is a discharge of obligations. An indemnity is an undertaking or a legally binding promise whereby one party agrees to accept the risk of loss or damage the other party may incur as a result of a transaction or event occurring. Indemnity is a type of security for financial loss or damage.

What is a legal document release of claims?

A release of all claims form is a legal document reflecting the resolution of a dispute, dismissing any further claims, and releasing the opposing party or parties from liability. This document is usually signed as part of a settlement agreement. It is also known as a liability waiver form.