Kings New York Covenant Not to Sue, also known as the Kings NY Covenant Not to Sue Agreement, is a legal document that outlines an agreement between two parties, known as the "released" and the "releaser." This covenant is designed to protect the released from any future legal actions or lawsuits that may arise from a specific incident or claim. The purpose of the Kings New York Covenant Not to Sue is to provide the released with assurance that they will not be held liable for any damages, injuries, or losses caused by the releaser's actions. By signing this agreement, the releaser agrees not to initiate any legal proceedings against the released, thus relinquishing their right to sue. This legal document is commonly used in various situations where potential risks or hazards exist. It can be used in sports and recreational activities, such as a waiver signed before participating in a rock-climbing expedition or a waiver signed before attending a fitness class. The Kings New York Covenant Not to Sue ensures that participants acknowledge the risks involved and absolves the organization or individuals facilitating the activity from future legal claims. Additionally, this covenant can be used in business transactions, such as when a company is involved in a joint venture or collaboration with another party. The Kings New York Covenant Not to Sue protects both parties involved from any legal disputes that may arise during the course of their partnership. In summary, the Kings New York Covenant Not to Sue is a legally binding document that releases the released from any future legal actions by the releaser. It serves as an important protective measure for individuals or organizations involved in potentially risky activities or business relationships.