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Waiver Of Liability For Property Damage
"I need a Waiver of Liability for Property Damage for my event venue in Jakarta, specifically covering temporary installations and equipment brought in by event organizers, with the waiver period running from January 1, 2025, to December 31, 2025."
1. Parties: Identification of the parties: the party providing the waiver (releaser) and the party being released from liability (releasee)
2. Background: Context of the waiver, including the relationship between parties and the general circumstances necessitating the waiver
3. Definitions: Clear definitions of key terms used in the waiver, including 'Property', 'Damage', and 'Liability'
4. Scope of Waiver: Detailed description of what types of property damage are covered by the waiver
5. Representations and Warranties: Statements by the releaser confirming their understanding and voluntary acceptance of the waiver
6. Duration: Time period for which the waiver remains valid
7. Governing Law: Specification that Indonesian law governs the waiver and its interpretation
8. Execution: Signature blocks and formal requirements for proper execution under Indonesian law
1. Insurance: Details of any insurance requirements or coverage relevant to the property, used when specific insurance arrangements are part of the agreement
2. Indemnification: Additional provisions where the releaser agrees to indemnify the releasee against third-party claims, used in higher-risk situations
3. Dispute Resolution: Specific procedures for handling disputes, including mediation or arbitration clauses, used when parties want to specify alternative dispute resolution methods
4. Severability: Clause ensuring that if any part of the waiver is found invalid, the rest remains enforceable, used in complex agreements
5. Language Requirements: Provisions for dual-language execution if required, used when one party is not fluent in Indonesian
1. Schedule A - Property Description: Detailed description and/or photographs of the property covered by the waiver
2. Schedule B - Pre-existing Damage: Documentation of any existing damage to the property before the waiver takes effect
3. Schedule C - Excluded Items: List of specific items or types of damage not covered by the waiver
4. Appendix 1 - Risk Assessment: Documentation of any risk assessment conducted related to potential property damage
5. Appendix 2 - Insurance Certificates: Copies of relevant insurance certificates or policies, if applicable
Authors
Property
Damage
Liability
Waiver
Effective Date
Term
Force Majeure
Parties
Releaser
Releasee
Premises
Claims
Losses
Normal Wear and Tear
Permitted Use
Representatives
Negligence
Excluded Damage
Material Breach
Consequential Loss
Direct Loss
Insurance Coverage
Indemnification
Business Day
Notice
Governing Law
Applicable Laws
Emergency
Gross Negligence
Definitions
Scope of Waiver
Duration and Termination
Property Access and Use
Risk Allocation
Indemnification
Insurance Requirements
Force Majeure
Representations and Warranties
Governing Law
Dispute Resolution
Notices
Severability
Entire Agreement
Amendment
Assignment
Compliance with Laws
Language Requirements
Execution
Release of Liability
Property Condition
Inspection Rights
Emergency Procedures
Safety Requirements
Documentation Requirements
Excluded Liabilities
Third Party Rights
Real Estate
Construction
Events and Entertainment
Manufacturing
Hospitality
Retail
Warehousing and Storage
Education
Sports and Recreation
Industrial Equipment
Property Management
Facilities Management
Legal
Operations
Risk Management
Facilities Management
Property Management
Asset Management
Compliance
Contract Administration
Real Estate
Business Development
Legal Counsel
Property Manager
Facility Manager
Risk Manager
Operations Director
Contract Administrator
Real Estate Manager
Event Coordinator
Maintenance Supervisor
Asset Manager
Compliance Officer
Business Development Manager
Property Development Manager
Leasing Manager
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