Common use of Acknowledgement of Risk Clause in Contracts

Acknowledgement of Risk. 12.1 The Pilot recognises and acknowledges that participating in the Event is a potentially dangerous activity and may involve entering into certain parts of the Territory (via a specific route between checkpoints chosen by the Pilot and not, for the avoidance of doubt, by the Company) which are considered highly dangerous and unsuitable for travel due to reasons including the applicable physical terrain or political and/or social climate. Additionally, the Pilot is fully aware and acknowledges that all aviation sports and accordingly participation in the Event involve serious risk of harm, including, but not limited to, risks of accident, serious bodily injury, including death, broken bones, head injuries, trauma, pain, fatigue, dehydration and suffering and property damage. The Pilot additionally acknowledges and accepts full responsibility for checking and maintaining all equipment in their possession for the duration of the Event to ensure its safe use. 12.2 In recognition of these facts, and for the consideration set forth in this Agreement, the Pilot elects voluntarily to enter into this Agreement and assume all risks of loss, damages, injury or death that may be sustained, and the Pilot will participate in the Event in accordance with this Agreement entirely at their own risk. 12.3 Save in the event of any negligent or wilful act or omission on the part of the person or entity concerned, none of the Company, any Official or the Event Director or any of their respective officers, agents or employees, shall be liable to any Pilot for death or personal injury, damage to property or other loss or damage of any nature whatsoever suffered by the Pilot whether arising from participation in the Event or otherwise. 12.4 Under no circumstances shall the Company be liable for any actual or alleged indirect loss or consequential loss howsoever arising suffered by the Pilot including, but not limited to, loss of profits, anticipated profits, savings, business or opportunity or loss of publicity or loss of reputation or opportunity to enhance reputation or any other sort of economic loss. 12.5 Except where expressly provided in this Agreement, the Pilot undertakes to the Company to be liable for any death or personal injury to third parties, damage to property or any other claims, losses, costs (including, without limitation, all reasonable legal costs) or demands arising out of any negligent or wilful act or omission of the Pilot during the Event Period, whether arising from participation in the Event or otherwise. 12.6 The Pilot undertakes and agrees that they will irrevocably indemnify and hold the Company harmless from and against all costs and expenses (including reasonable legal costs), actions, proceedings, claims, demands and damage arising from a breach of the Pilot’s representations, warranties or undertakings contained herein or arising from the acts or omissions of the Pilot, respective officers, employers, agents or sub-contractors. 12.7 The Pilot shall take out death, accident and health insurance for them self. A copy of such insurance policies shall be provided to the Event Director at any time upon request.

Appears in 6 contracts

Samples: Entry Agreement, Entry Agreement, Entry Agreement

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Acknowledgement of Risk. 12.1 The Pilot recognises and acknowledges that participating in the Event is a potentially dangerous activity and may involve entering into certain parts of the Territory (via a specific route between checkpoints chosen by the Pilot and not, for the avoidance of doubt, by the Company) which are considered highly dangerous and unsuitable for travel due to reasons including the applicable physical terrain or political and/or social climate. Additionally, the Pilot is fully aware and acknowledges that all aviation sports and accordingly participation in the Event involve serious risk of harm, including, but not limited to, risks of accident, serious bodily injury, including death, broken bones, head injuries, trauma, pain, fatigue, dehydration and suffering and property damage. The Pilot additionally acknowledges and accepts full responsibility for checking and maintaining all equipment in their possession for the duration of the Event to ensure its safe use. 12.2 In recognition of these facts, and for the consideration set forth in this Agreement, the Pilot elects voluntarily to enter into this Agreement and assume all risks of loss, damages, injury or death that may be sustained, and the Pilot will participate in the Event in accordance with this Agreement entirely at their own risk. 12.3 Save in the event of any negligent or wilful act or omission on the part of the person or entity concerned, none of the Company, any Official or the Event Director or any of their respective officers, agents or employees, shall be liable to any Pilot for death or personal injury, damage to property or other loss or damage of any nature whatsoever suffered by the Pilot whether arising from participation in the Event or otherwise. 12.4 Under no circumstances shall the Company be liable for any actual or alleged indirect loss or consequential loss howsoever arising suffered by the Pilot including, but not limited to, loss of profits, anticipated profits, savings, business or opportunity or loss of publicity or loss of reputation or opportunity to enhance reputation or any other sort of economic loss. 12.5 Except where expressly provided in this Agreement, the Pilot undertakes to the Company to be liable for any death or personal injury to third parties, damage to property or any other claims, losses, costs (including, without limitation, all reasonable legal costs) or demands arising out of any negligent or wilful act or omission of the Pilot during the Event Period, whether arising from participation in the Event or otherwise.without 12.6 The Pilot undertakes and agrees that they will irrevocably indemnify and hold the Company harmless from and against all costs and expenses (including reasonable legal costs), actions, proceedings, claims, demands and damage arising from a breach of the Pilot’s representations, warranties or undertakings contained herein or arising from the acts or omissions of the Pilot, respective officers, employers, agents or sub-contractors. 12.7 The Pilot shall take out death, accident and health insurance for them self. A copy of such insurance policies shall be provided to the Event Director at any time upon request.

Appears in 3 contracts

Samples: Entry Agreement, Entry Agreement, Entry Agreement

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Acknowledgement of Risk. 12.1 The Pilot Rider recognises and acknowledges that participating in the Event is a potentially dangerous activity and may involve entering into certain parts of the Territory (via a specific route between checkpoints chosen by the Pilot Rider and not, for the avoidance of doubt, by the CompanyOrganization) which are considered highly dangerous and unsuitable for foreign travel due to reasons including the applicable physical terrain or political and/or social climate. Additionally, the Pilot Rider is fully aware and acknowledges that all aviation cycle sports and accordingly participation in the Event involve serious risk of harm, including, but not limited to, risks of accident, serious bodily injury, including death, broken bones, head injuries, trauma, pain, fatigue, dehydration and suffering and property damage. The Pilot Rider additionally acknowledges and accepts full responsibility for checking and maintaining all equipment in their possession for the duration of the Event to ensure its safe useuse (including by way of example, wheels, brakes, tyres and cycle helmet). 12.2 In recognition of these facts, and for the consideration set forth in this Agreement, the Pilot Rider elects voluntarily to enter into this Agreement and assume all risks of loss, damages, injury or death that may be sustained, and the Pilot Rider will participate in the Event in accordance with this Agreement entirely at their own risk. 12.3 Save in the event of any negligent or wilful act or omission on the part of the person or entity concerned, none of the CompanyOrganization, any Official or the Event Director or any of their respective officers, agents or employees, shall be liable to any Pilot Rider for death or personal injury, damage to property or other loss or damage of any nature whatsoever suffered by the Pilot Rider whether arising from participation in the Event or otherwise. 12.4 Under no circumstances shall the Company Organization be liable for any actual or alleged indirect loss or consequential loss howsoever arising suffered by the Pilot Rider including, but not limited to, loss of profits, anticipated profits, savings, business or opportunity or loss of publicity or loss of reputation or opportunity to enhance reputation or any other sort of economic loss. 12.5 Except where expressly provided in this Agreement, the Pilot Rider undertakes to the Company Organization to be liable for any death or personal injury to third parties, damage to property or any other claims, losses, costs (including, without limitation, all reasonable legal costs) or demands arising out of any negligent or wilful act or omission of the Pilot Rider during the Event Period, whether arising from participation in the Event or otherwise. 12.6 The Pilot Rider undertakes and agrees that they will irrevocably indemnify and hold the Company Organization harmless from and against all costs and expenses (including reasonable legal costs), actions, proceedings, claims, demands and damage arising from a breach of the Pilot’s Rider’s representations, warranties or undertakings contained herein or arising from the acts or omissions of the PilotRider, respective officers, employers, agents or sub-contractorssubcontractors. 12.7 The Pilot Notwithstanding clause 6.1.12, the Rider shall take out death, accident and health insurance for them selfthemself. A copy of such insurance policies shall be provided to the Event Director at any time upon request.

Appears in 3 contracts

Samples: Event Participation Agreement, Event Participation Agreement, Event Participation Agreement

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