Understanding the Risks Sample Clauses

The "Understanding the Risks" clause serves to inform and acknowledge that one or both parties are aware of the potential risks associated with entering into the agreement or participating in the activities it covers. Typically, this clause outlines the types of risks involved, such as financial loss, operational hazards, or legal liabilities, and may require parties to confirm that they have had the opportunity to assess and accept these risks. Its core practical function is to ensure that all parties are making informed decisions, thereby reducing the likelihood of disputes arising from unforeseen consequences or claims of ignorance regarding potential dangers.
Understanding the Risks. Families understand that all parties are acting in good faith toward a successful adoption but that the outcome of the adoption process cannot be guaranteed. Participants should only enter this process with an understanding and willingness to assume these risks. The Hague Adoption Process calls for participants to accept a certain degree of financial risk in that they will pay non-refundable fees for services in advance of a possible placement and a placement may or may not occur. For a variety of reasons, not the least of which is that there is no guarantee that participants’ efforts will be successful, this process has the potential for significant emotional disappointment on the part of participants because of placements that do not occur, or where the process to bring the child to the US does not occur. Although participants may apply to FRC and sign this agreement prior to completion of their home study, participants must understand that their home study must be approved and accepted by all parties including USCIS and the foreign country governmental authorities as applicable.
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Understanding the Risks. I certify that, except as expressly indicated on my Service Trip application, I am in good health and physical condition and I HAVE NO MEDICAL CONDITIONS OR PHYSICAL LIMITS that would prevent my participation in the Service Trip. I UNDERSTAND THAT INTERNATIONAL TRAVEL AND MISSIONS OPPORTUNITIES INVOLVE INHERENT RISKS AND DANGERS, including but not limited to CRIME, CIVIL UNREST, TERRORISM, WAR, SICKNESS, DIFFERING SAFETY STANDARDS OF BUILDINGS, PUBLIC SPACES AND TRANSPORTATION, VARYING QUALITY AND AVAILABILITY OF MEDICAL TREATMENT, and other similar and dissimilar risks that may result in injury or loss to me, INCLUDING, BUT NOT LIMITED TO, ILLNESS, BODILY INJURY, PROPERTY LOSS AND DEATH (hereinafter, “Risks”). I have carefully considered such Risks, and I, ON BEHALF OF MYSELF AND MY REPRESENTATIVES, VOLUNTARILY ACCEPT, ASSUME AND CONSENT TO ALL SUCH RISKS THAT MAY RESULT FROM SUCH PARTICIPATION IN THE SERVICE TRIP.
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Understanding the Risks. I certify that, except as expressly indicated on Minor’s Service Trip application, Minor is in good health and physical condition and MINOR HAS NO MEDICAL CONDITIONS OR PHYSICAL LIMITS that would prevent Minor’s participation in the Service Trip. I UNDERSTAND THAT INTERNATIONAL TRAVEL AND MISSIONS OPPORTUNITIES INVOLVE INHERENT RISKS AND DANGERS, including but not limited to CRIME, CIVIL UNREST, TERRORISM, WAR, SICKNESS, DIFFERING SAFETY STANDARDS OF BUILDINGS, PUBLIC SPACES AND TRANSPORTATION, VARYING QUALITY AND AVAILABILITY OF MEDICAL TREATMENT, and other similar and dissimilar risks that may result in injury or loss to Minor, INCLUDING, BUT NOT LIMITED TO, ILLNESS, BODILY INJURY, PROPERTY LOSS AND DEATH (hereinafter, “Risks”). I have carefully considered such Risks, and I, ON BEHALF OF MINOR AND MINOR’S REPRESENTATIVES, VOLUNTARILY ACCEPT, ASSUME AND CONSENT TO ALL SUCH RISKS THAT MAY RESULT FROM MINOR’S PARTICIPATION IN THE SERVICE TRIP.
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Understanding the Risks. I confirm all of the following: A. Unplanned or unexpected situations may arise in the course of any Activities, Risks are inherent in all Activities and may not be obvious, and Activities and Risks may cause Damages; B. A few, non-exhaustive examples of Risks include: acts of nature or other matters outside Sierra Club's control; facilities and/or equipment failures; itinerary changes and/or cancellations; transportation issues; problems associated with locations, wildlife, vegetation, and/or lack of access to medical care, AND NEGLIGENCE by Sierra Club or others. There are many potential Risks that are not listed here; and C. I understand all Risks, whether or not they have been communicated to me (and/or to Minor Participant, if any); and I have had adequate opportunity to seek any information necessary to properly evaluate all Risks.
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Understanding the Risks. Applicants must understand and agree to the following: • Participants are encouraged and advised by FRC to seek and retain their own independent legal counsel to address any questions about adoption and the legal risks related to adoption. Participants are aware that FRC cannot and will not provide legal advice or opinions. • Families understand that all parties are acting in good faith toward a successful adoption but the outcome of the adoption process cannot be guaranteed. Participants should only enter into this process with an understanding and willingness to assume these risks. • The Hague Adoption Process calls for participants to accept a certain degree of financial risk in that they will pay non-refundable fees for services in advance of a possible placement and a placement may or may not occur. If participants agree to provide financial assistance to an identified birth parent as allowed by state law, in cases where birth parents choose not to place their child(ren) for adoption, funds spent in support of the birth parent are not recoverable, even though no placement occurred. As well, participants may, at their discretion, choose to discontinue birth parent support at any time prior to adopting a child, predicated upon proper notice to FRC. • As there is no guarantee that participants’ efforts will be successful, this process has the potential for significant emotional risk on the part of participants as a result of adoptions that do not occur because birth parents may change their mind, or because participants may not be willing to adopt a child after birth due to concerns about race, medical conditions or any other personal reason. Participants should only enter into this process with an understanding and willingness to assume these risks. • FRC cannot and does not guarantee the honesty and integrity of birth parents, nor does FRC act as a guarantor that a birth parent has active medical insurance or public aid that might cover medical expenses. Any time FRC supervises an Adoption Service Provider that executes the taking of final and irrevocable surrenders for purposes of adoption from an identified birth parent with the knowledge and agreement of participants and there is an adoptive placement, the participants may be fully responsible for the birth parent and child's medical bills related to the birth of the child placed for adoption that are not otherwise covered by insurance or public aid.
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Understanding the Risks. I confirm all of the following: A. Unplanned or unexpected situations may arise in the course of any Activities, Risks are inherent in all Activities and may not be obvious, and Activities and Risks may cause Damages; B. A few, non-exhaustive examples of Risks include: acts of nature or other matters outside Hill Country Community Ministries’ control; facilities and/or equipment failures; itinerary changes and/or cancellations; transportation issues; problems associated with locations, wildlife, vegetation, and/or lack of access to medical care, AND NEGLIGENCE by Hill Country Community Ministries or others. There are many potential Risks that are not listed here; and C. I understand all Risks, whether or not they have been communicated to me (and/or to Minor Participant, if any); and I have had adequate opportunity to seek any information necessary to properly evaluate all Risks.
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Understanding the Risks. I confirm ALL of the following: A. Participating in outdoor Activities is dangerous and there will be unplanned or unexpected situations that pose Risks ranging in minor scrapes and bruises or sunburn, to serious injury, paralysis, and death. B. A few more, non-exhaustive examples of Risks include: acts of nature, heart attacks, strokes, matters outside the Activity Leader(s) control, equipment failures, falls, weather, transportation accidents, wildlife attacks, harmful vegetation, lack of access to medical care, getting lost, lack of water, AND ORDINARY NEGLIGENCE by Activity Leader(s) or Participant(s). There are many potential Risks that are not listed here; and C. I understand there are inherent Risks of this Activity, I am experienced enough to understand those Risks whether or not they have been communicated to me, I understand the Risks are significant, and I have had adequate opportunity to seek any information necessary to properly evaluate and prepare for all Risks.
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Understanding the Risks. Applicants must understand and agree to the following:
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Related to Understanding the Risks

  • Understanding of Risks Purchaser is fully aware of: (a) the highly speculative nature of the investment in the Shares; (b) the financial hazards involved; (c) the lack of liquidity of the Shares and the restrictions on transferability of the Shares (e.g., that Purchaser may not be able to sell or dispose of the Shares or use them as collateral for loans); (d) the qualifications and backgrounds of the management of the Company; and (e) the tax consequences of investment in the Shares.

  • Project Understanding Upon request from the CONSULTANT, CITY may provide all criteria and full information as to CITY's and CONSULTANT'S requirements for this part of the project, including design objectives and constraints, space, capacity and performance requirements, flexibility and expendability, and any budgetary limitations. CONSULTANT may request from the CITY to furnish data, reports, surveys, and other materials that may be relied upon in performing CONSULTANT'S services. DRAFT Authorized representatives of the CITY may at all reasonable times review and inspect the project activities and data collected under the Agreement and amendments thereto. All reports, drawings, studies, specifications, estimates, maps and computation prepared by or for the CITY in association with this Agreement shall be subject to review. The CITY may at any time request progress reports, prints or copies of any work performed under this Agreement. Refusal by the CONSULTANT to submit progress reports and/or plans shall be cause to withhold payment to the CONSULTANT until the CONSULTANT complies with the CITY’s request in the regard. The CITY’s review recommendations shall be incorporated into the plans by the CONSULTANT.

  • Prior Understandings This Agreement supersedes all prior understandings and agreements (whether written, oral or otherwise) pertaining to the subject matter hereof, and constitutes the entire agreement between the parties hereto relating to the subject matter hereof and the transactions provided for herein.

  • Prior Understanding This Agreement and the other Loan Documents supersede all prior understandings and agreements, whether written or oral, between the parties hereto and thereto relating to the transactions provided for herein and therein, including any prior confidentiality agreements and commitments.

  • Evaluation and Understanding (i) It has the capacity to evaluate (internally or through independent professional advice) the Transaction and has made its own decision to enter into the Transaction; and (ii) It understands the terms, conditions and risks of the Transaction and is willing and able to accept those terms and conditions and to assume those risks, financially and otherwise.