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Non Reliance Letter Hold Harmless Letter Template for Denmark

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Non Reliance Letter Hold Harmless Letter

Document background
The Non Reliance Letter Hold Harmless Letter is a crucial document in Danish business transactions where information is shared between parties but the provider wishes to limit their liability for how that information is used. This document type is commonly used in due diligence processes, financial transactions, and business advisory situations where one party provides information or analysis to another but wants to ensure they won't be held liable for decisions made based on that information. Under Danish law, these letters must be carefully drafted to ensure enforceability while complying with local contract law principles. The document typically includes specific disclaimers about the information provided, acknowledgments that the recipient is making independent decisions, and provisions protecting the provider from future claims. It's particularly relevant in situations involving financial projections, business valuations, or other forms of business analysis where the recipient needs to acknowledge they're conducting their own verification and due diligence.
Suggested Sections

1. Sender and Recipient Details: Full legal names and addresses of both the sender and recipient of the letter

2. Context and Background: Brief description of the transaction or circumstance necessitating the non-reliance letter

3. Information Description: Specific description of the information, documents, or statements being disclaimed

4. Non-Reliance Statement: Clear statement that the recipient is not relying on any information provided and is making independent decisions

5. Hold Harmless Provisions: Statement releasing the sender from liability and indemnification provisions

6. Independent Assessment: Confirmation that recipient has conducted their own due diligence and assessment

7. Governing Law: Statement that the letter is governed by Danish law

8. Signature Block: Space for dated signatures of both parties

Optional Sections

1. Confidentiality Provisions: Additional provisions regarding confidentiality of shared information, used when sensitive information is involved

2. Time Limitations: Specific timeframe for which the non-reliance provisions apply, used when the disclaimer needs to be time-bound

3. Specific Exclusions: List of specific items or information excluded from the non-reliance provisions, used when certain information needs to be carved out

4. Representative Capacity: Clarification of signing authority and representation, used when signatories are acting on behalf of entities

5. Survival Clause: Provisions specifying which obligations survive the termination of the relationship, used in ongoing business relationships

Suggested Schedules

1. Schedule of Disclaimed Information: Detailed list of specific documents, statements, or information being disclaimed

2. Schedule of Related Parties: List of affiliated entities or individuals covered by the non-reliance provisions

3. Schedule of Specific Transactions: Details of specific transactions or dealings covered by the letter

Authors

Relevant legal definitions




















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Relevant Industries
Relevant Teams
Relevant Roles
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Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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