Common use of Loss of or Damage to Property Clause in Contracts

Loss of or Damage to Property. Client assumes responsibility for property placed in the facility, and Client hereby releases and discharges the University from any and all liability for any loss, injury, or damage to person or property, including death, that may be sustained by reason of use or occupancy of the facility or the premises adjoining the facility that are related to the Event or are otherwise arising under, connected with, or related to the Use Agreement. Client assumes all risk of damages to and/or loss of property of Client due to theft or otherwise, and the University and its officers, administrators, employees, trustees, volunteers, and agents are expressly released and discharged from any and all liability for such loss, including in the receipt, handling, care, or custody of property of any kind shipped or otherwise delivered to the facility either prior to, during, or subsequent to the use of the facility by Client.