Common use of RELEASE OF LIABILITY; INDEMNIFICATION Clause in Contracts

RELEASE OF LIABILITY; INDEMNIFICATION. Senior and parent/guardian each hereby release and covenant not to sue each of the Graduation Party Producers, their owners, employees, agents, and any related affiliate and/or subsidiary entities (collectively “Released Parties) from any and all claims, damages and liabilities of any nature arising out of the Graduation Event, including, without limitation, personal injury, property damage, and claims of negligence based on acts or omissions of Released Parties, but not including gross negligence or intentional misconduct or other liabilities not releasable by law. Senior and parent/guardian each further agree to indemnify, defend and hold harmless Released Parties against any claims released in Section 3, against senior and parent/guardian’s acts or omissions, and against any other claim or damage arising from senior’s participation in the Graduation Event, including, without limitation, personal injury and property damage, and attorney’s fees and costs incurred to defend against indemnified claims.