The phrase "to the fullest extent permitted by law" is a legal disclaimer that is often used in contracts, waivers and other legally binding documents. It means that the parties involved are agreeing to limit their liability or responsibility for any potential damages or losses that may occur as a result of the agreement. The phrase indicates that while both parties have agreed to take certain actions, they will only do so within the limits set by law and not beyond what is legally permissible. In other words, it is a way of saying "we are doing everything we can, but no more than what the law allows us to."