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Limited Liability Waiver
"I need a Limited Liability Waiver for a construction project in Riyadh between our company (AlBina Construction LLC) and three subcontractors, to be effective from March 2025, with specific focus on equipment usage and site safety protocols."
1. Parties: Identification and details of all parties involved in the waiver agreement
2. Background: Context and circumstances leading to the waiver agreement
3. Definitions: Clear definitions of key terms used throughout the document
4. Scope of Waiver: Detailed description of what liability is being waived and under what circumstances
5. Duration: Time period for which the waiver remains valid
6. Limitations and Exceptions: Specific circumstances where the waiver does not apply
7. Representations and Warranties: Statements of fact and guarantees made by both parties
8. Compliance with Sharia: Declaration of compliance with Islamic law principles
9. Governing Law: Explicit statement of Saudi law as governing law and reference to Sharia principles
10. Dispute Resolution: Procedures for resolving disputes, including jurisdiction of Saudi courts
1. Indemnification: Additional provisions for indemnifying parties against specific risks - used when there are particular risks that need to be addressed
2. Insurance Requirements: Specific insurance obligations - included when the waiver is related to activities requiring insurance coverage
3. Confidentiality: Provisions for maintaining confidentiality - used when sensitive information is involved
4. Force Majeure: Provisions for unforeseen circumstances - included when long-term or high-risk activities are involved
5. Assignment: Rules regarding transfer of rights - used when there's a possibility of change in parties
6. Severability: Provisions for partial invalidity - included in complex waivers with multiple provisions
1. Schedule 1 - Specific Activities Covered: Detailed list of activities or circumstances covered by the waiver
2. Schedule 2 - Excluded Risks: Specific listing of risks and liabilities not covered by the waiver
3. Schedule 3 - Required Insurance Coverage: Details of mandatory insurance requirements if applicable
4. Appendix A - Related Agreements: List of associated agreements or documents referenced in the waiver
5. Appendix B - Authority Documentation: Copies of powers of attorney or other authority documents required under Saudi law
Authors
Applicable Law
Business Day
Claims
Confidential Information
Effective Date
Force Majeure
Indemnified Parties
Liability
Loss
Material Breach
Parties
Related Entities
Representatives
Saudi Business Hours
Services
Sharia Compliant
Termination Date
Waived Claims
Waiver Period
Waiving Party
Released Party
Excluded Claims
Governing Law
Jurisdiction
Notice
Permitted Activities
Professional Services
Regulatory Authority
Risk
Specific Activities
Term
Territory
Undertaking
Warranties
Definitions
Interpretation
Scope of Waiver
Liability Limitations
Exclusions
Duration
Representations and Warranties
Indemnification
Force Majeure
Compliance with Laws
Sharia Compliance
Insurance Requirements
Confidentiality
Notices
Assignment
Severability
Entire Agreement
Amendment
Governing Law
Dispute Resolution
Language
Counterparts
Authority
Termination
Survival
Financial Services
Construction
Manufacturing
Professional Services
Real Estate
Technology
Healthcare
Energy
Transportation
Industrial Services
Consulting
Infrastructure Development
Legal
Compliance
Risk Management
Operations
Commercial
Corporate Governance
Business Development
Finance
Project Management
Executive Leadership
Legal Counsel
Risk Manager
Compliance Officer
Contract Manager
Business Development Director
Operations Manager
Project Manager
Chief Financial Officer
Chief Legal Officer
Commercial Director
General Counsel
Corporate Secretary
Managing Partner
Senior Legal Advisor
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