A covenant not to sue is a covenant entered into by a party who had a cause of action at the time of making it, and by which he agrees not to sue the party liable to such action. Covenants of this nature, are either covenants perpetual not to sue, or covenants not to sue for a limited time; for example, seven years.
A covenant not to sue is not a release. The difference is one of intent and grows out of the construction placed on the terms of the instrument, since a covenant not to sue is not a present abandonment or relinquishment of a right or claim but merely an agreement not to enforce an existing cause of action, and, although it may operate as a release between the parties to the agreement, it will not release a claim against joint obligors or joint tortfeasors. In the case of a release, there is an immediate discharge, whereas, in the case of a covenant not to sue, there is merely an agreement not to prosecute a suit.
This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
A Nassau New York Covenant Not to Sue by Parents Regarding a Claim of Their Minor Child is a legal document used to protect individuals and organizations from potential legal action brought by parents on behalf of their minor child. This covenant serves as an agreement between the parents and the party being sued, releasing the party from any liability for injuries or damages caused to the minor child. The Nassau New York Covenant Not to Sue by Parents Regarding a Claim of Their Minor Child is commonly utilized in situations where a child may have suffered injuries or damages due to the negligence or wrongdoing of another party. Parents may choose to sign this covenant to waive their right to sue the responsible party, either in exchange for compensation or as a means of resolving any dispute amicably without resorting to legal action. There may be different types of Nassau New York Covenant Not to Sue by Parents Regarding a Claim of Their Minor Child, depending on the specific circumstances and requirements of the parties involved. These types may include: 1. General Release of Liability: This type of covenant grants a broad release of liability to the party being sued, covering any and all claims related to the incident involving the minor child. 2. Limited Release of Liability: This type of covenant restricts the release of liability to certain specified claims or damages, excluding others from the agreement. 3. Waiver of Liability for Participation in Activities: This type of covenant is typically used in situations where a child is participating in a potentially risky activity, such as sports or recreational events. By signing this covenant, parents agree to waive any claims related to injuries or damages arising from the child's participation in such activities. It is important to note that the specific terms and conditions of a Nassau New York Covenant Not to Sue by Parents Regarding a Claim of Their Minor Child may vary depending on the individual circumstances and the legal advice given by an attorney. It is advisable for parents to consult with legal professionals familiar with Nassau New York law before entering into such agreements.A Nassau New York Covenant Not to Sue by Parents Regarding a Claim of Their Minor Child is a legal document used to protect individuals and organizations from potential legal action brought by parents on behalf of their minor child. This covenant serves as an agreement between the parents and the party being sued, releasing the party from any liability for injuries or damages caused to the minor child. The Nassau New York Covenant Not to Sue by Parents Regarding a Claim of Their Minor Child is commonly utilized in situations where a child may have suffered injuries or damages due to the negligence or wrongdoing of another party. Parents may choose to sign this covenant to waive their right to sue the responsible party, either in exchange for compensation or as a means of resolving any dispute amicably without resorting to legal action. There may be different types of Nassau New York Covenant Not to Sue by Parents Regarding a Claim of Their Minor Child, depending on the specific circumstances and requirements of the parties involved. These types may include: 1. General Release of Liability: This type of covenant grants a broad release of liability to the party being sued, covering any and all claims related to the incident involving the minor child. 2. Limited Release of Liability: This type of covenant restricts the release of liability to certain specified claims or damages, excluding others from the agreement. 3. Waiver of Liability for Participation in Activities: This type of covenant is typically used in situations where a child is participating in a potentially risky activity, such as sports or recreational events. By signing this covenant, parents agree to waive any claims related to injuries or damages arising from the child's participation in such activities. It is important to note that the specific terms and conditions of a Nassau New York Covenant Not to Sue by Parents Regarding a Claim of Their Minor Child may vary depending on the individual circumstances and the legal advice given by an attorney. It is advisable for parents to consult with legal professionals familiar with Nassau New York law before entering into such agreements.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.