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What is the purpose of the hold harmless clause on the waiver of liability forms?

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What is the purpose of the hold harmless clause on the waiver of liability forms?

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A hold harmless clause on a liability waiver form may have legal standing in any court of law. The participant’s signature on the waiver form means that the participant will not sue the University if the participant suffers any damage or loss as a result of participating in the activity. The purpose of the hold harmless clause is to discourage claims against the University.

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