I release, waive, discharge, and covenant not to sue Alaska Arsenal, its affiliated clubs, their respective administrators, directors, board members, agents, coaches, and other employees of the organization, other participants, sponsoring agencies, sponsors, advertisers, volunteers, and, if applicable, owners and lessees of premises used to conduct the event, all of which are hereafter referred to as "releasees," from any and all liability to each of the undersigned, his or her heirs and next-of-kin for any and all claims, demands, losses, or damages on account of injury, including death or damage to property, caused or alleged to be caused in whole or in part by the negligence of the releasees or otherwise, to the fullest extent permitted by law.