applicable parties
(1) (A) A launch or reentry license issued or transferred under this chapter shall contain a provision requiring the licensee or transferee to make a reciprocal waiver of claims with applicable parties involved in launch services or reentry services under which each party to the waiver agrees to be responsible for personal injury to, death of, or property damage or loss sustained by it or its own employees resulting from an activity carried out under the applicable license. (B) In this paragraph, the term “applicable parties” means— (i) contractors, subcontractors, and customers of the licensee or transferee; (ii) contractors and subcontractors of the customers; and (iii) space flight participants. (C) Clause (iii) of subparagraph (B) ceases to be effective September 30, 2025 .