1. Acknowledgment of Risk
I, the undersigned Borrower, acknowledge that riding a bicycle involves inherent risks, including but not limited to falls, collisions, and injuries. I voluntarily assume all such risks, whether foreseen or unforeseen, and accept full responsibility for any and all damages or injuries that may occur while using the borrowed bicycle.
2. Condition of Bicycle
I acknowledge that I have inspected the bicycle and found it to be in good working condition. I agree to return it in the same condition, excluding normal wear and tear. I agree to notify the Lender immediately of any malfunction, damage, or loss.
3. Use of Bicycle
I agree to use the bicycle safely and responsibly. I will obey all traffic laws and wear appropriate safety gear, including a helmet. I will not operate the bicycle under the influence of alcohol, drugs, or any other impairing substances.
4. Waiver and Release
I hereby waive, release, and discharge the Lender from any and all claims, liabilities, damages, or causes of action arising from my use of the borrowed bicycle. This release includes, but is not limited to, any claims for personal injury, property damage, or death.
5. Indemnification
I agree to indemnify and hold harmless the Lender from and against any and all claims, damages, losses, and expenses arising from my use or misuse of the bicycle.
6. Term and Return
Failure to return the bike will result in penalties or replacement charges.