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This Company Liability Waiver is essential for businesses operating in the United Arab Emirates that need to manage their risk exposure while maintaining compliance with local laws. The document is particularly relevant when offering services or activities that carry inherent risks or when engaging with customers or third parties in potentially hazardous situations. It incorporates specific requirements of UAE Civil Code and Commercial Law, including mandatory exceptions to liability limitations and bilingual requirements. The waiver should be used when companies need to clearly document assumption of risk by participants or customers, while ensuring the agreement remains enforceable under UAE jurisdiction. Key considerations include the requirement for Arabic translation, specific execution formalities, and limitations on liability exclusions under UAE law.
