Hold Harmless

A waiver or release is the intentional and voluntary act of relinquishing something, such as a known right to sue a person, educational institution, or organization for an injury. The term waiver is sometimes used to refer a document that is signed before any damages actually occur. A release is sometimes used to refer a document that is executed after an injury has occurred. A waiver can be an effective way for a person, educational institution, or organization to inform students, parents, event participants, and family members of the risks involved in various activities and to shield the person, educational institution, or organization from liability. When outside entities or organizations use an institution's facilities (such as a school's track or cross country course), the institution may try to limit its liability exposure by having participants sign a hold-harmless agreement. This document is a promise by one party not to hold the other responsible for any costs or claims that may result from a loss that results from the subject matter of the agreement.