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The Waiver Of Liability And Hold Harmless Agreement is a critical risk management tool used in various business and activity contexts under Danish jurisdiction. This document is essential when organizations or individuals are engaging in activities that carry inherent risks or when providing services where potential liability needs to be clearly addressed and allocated. The agreement, while governed by Danish law and subject to EU regulations, serves to protect service providers, facility owners, or activity organizers from potential claims while ensuring participants or users are fully aware of the risks they are assuming. It typically includes detailed descriptions of the activities covered, specific risks involved, and the extent of the liability waiver, while respecting mandatory Danish legal requirements that cannot be contracted out of. The document is particularly important in situations involving recreational activities, professional services, educational programs, or any scenario where participants voluntarily engage in potentially risky activities.

1. Parties: Identification of all parties to the agreement, including full legal names and addresses

2. Background: Context of the agreement, including the activity or relationship giving rise to the need for the waiver

3. Definitions: Clear definitions of key terms used throughout the agreement, including 'Liability', 'Claims', and 'Covered Activities'

4. Scope of Activities: Detailed description of activities, services, or situations covered by the waiver

5. Acknowledgment of Risks: Express acknowledgment by the releasing party of the risks involved in the covered activities

6. Waiver and Release: Core waiver provisions detailing what claims and rights are being waived

7. Hold Harmless Provision: Agreement to indemnify and hold harmless the released party from specified claims and liabilities

8. Exceptions and Limitations: Specific exclusions and limitations to the waiver, including those required by Danish law

9. Duration: Time period during which the waiver remains effective

10. Governing Law and Jurisdiction: Specification of Danish law as governing law and designation of jurisdiction for disputes

11. Severability: Provision ensuring that if any part of the agreement is found invalid, the rest remains in effect

12. Entire Agreement: Confirmation that the document represents the complete agreement between parties

13. Signatures: Execution block with date and signature lines for all parties