The “Releasor” is the one who’s releasing the “Releasee” from liability for the use of his vehicle.
The specified Releasee and any individual (or organization) acting on behalf of the Releasee releases the Releasee, affiliates, successors, assigns, and any others who are connected with the Releasee from any and all liability arising out of the use of the Releasee's vehicle.
This liability extends to claims, obligations, settlements, disputes, damages, and other actions. Notwithstanding the preceding, Releasor or any party affected by Releasor shall not now or in the future be liable to any Released Party for any accidents, losses, damages, fines, or the like arising out of the use of the vehicle by Releasor or anyone to whom Releasor has entrusted the vehicle.
In exchange for releasing any liability arising from using the vehicle, the Releasee shall provide the Releasor with the possibility to use the vehicle for its business activities.
Considering these considerations, the Releasor expressly accepts the compensation granted and is fully satisfied with the same against current or future claims.