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PLEASE READ CAREFULLY ISLAND SPORTS CENTER WAIVER AND RELEASE OF LIABILITY Parental Consent (for skaters under the age of 18) I, the undersigned, acknowledge the inherent risks involved in hockey,
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And in consideration of is a legal term used in contracts to indicate that both parties are exchanging something of value as part of the agreement.
Any party entering into a contract or agreement is required to include the clause 'and in consideration of' to ensure the legality and enforceability of the agreement.
To include 'and in consideration of' in a contract, simply write the phrase followed by a brief description of what each party is exchanging as part of the agreement.
The purpose of 'and in consideration of' is to make the contract legally binding by establishing that both parties are giving up something of value in exchange for the benefits outlined in the agreement.
The information to be reported on 'and in consideration of' includes the specific details of what each party is exchanging, such as money, goods, services, promises, or other considerations.
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