Release Liability Clause Samples
A Release Liability clause serves to absolve one party from legal responsibility for certain actions, damages, or claims that may arise in connection with an agreement or activity. Typically, this clause specifies the scope of the release, such as covering injuries during an event or losses related to the use of a service, and may require the releasing party to acknowledge the risks involved. Its core function is to protect the released party from lawsuits or claims, thereby allocating risk and providing legal certainty regarding potential liabilities.
Release Liability. Should HECO incur any liability under Chapter 128D of the Hawaii Revised Statutes as a result of a spill from SELLER’s nominated vessel during discharge, SELLER shall indemnify and hold HECO harmless to the extent not caused by HECO’s sole negligence, gross negligence, comparative negligence, inadequate or defective equipment or willful misconduct.
Release Liability. Should the Companies incur any liability under Chapter 128D of the Hawaii Revised Statutes as a result of a spill from Seller’s nominated vessel during discharge, Seller shall indemnify and hold the Companies harmless to the extent not caused by the Companies’ negligence or willful misconduct.
Release Liability. Should Hawaiian Electric incur any liability under Chapter 128D of the Hawaii Revised Statutes as a result of a spill from Seller’s nominated vessel during discharge, Seller shall indemnify and hold Hawaiian Electric harmless to the extent not caused by Hawaiian Electric’s gross negligence or willful misconduct.
Release Liability. Should the Companies incur any liability as a result of a spill from SELLER’s nominated vessel during discharge, SELLER shall indemnify, defend and hold the Companies harmless to the extent not caused by the Companies’ gross negligence or willful misconduct.