Common use of DAMAGE AND INSURANCE Clause in Contracts

DAMAGE AND INSURANCE. The customer acknowledges that when the property is delivered to the customer, the customer will have examined the property and found it to be in good working order. The customer shall have full responsibility and liability to Greenwood Cine for the actual cost to repair or replace any property which during the period between delivery to the customer and Greenwood Cine has been lost, stolen, or damaged from any cause whatsoever (other than from a malfunction to which Greenwood Cine’s limited warranty applies or ordinary wear and tear). The Customer assumes any and all risk of loss once the property leaves Greenwood Cine’s place of business until such time as the property is returned to Greenwood Cine in the manner provided herein, except at such times as the equipment is in the exclusive control of authorized Greenwood Cine employees. The customer shall also be liable to Greenwood Cine for any continued rental charges during a reasonable time required to repair or replace damaged equipment, to the extent the customer is responsible under this agreement for such damage or loss, the customer shall be liable to Greenwood Cine for the full replacement cost of all property which must be replaced as a result of damage, loss or the customer’s failure to return the property to Greenwood Cine. The liability of customer hereunder is primary and shall only be reduced in the event and to the Greenwood Cine productions actually receives any applicable insurance proceeds. Acceptance by Xxxxxxxxx Cine of the return of any Property shall not be deemed a waiver by Xxxxxxxxx Cine of any claims which Greenwood Cine may have against the Customer under this paragraph, even though any damage for which the Customer is liable hereunder is discovered later. Prior to taking delivery of the Property, the Customer shall provide to Greenwood Cine a Certificate of Insurance acceptable to Greenwood Cine, with Greenwood Cine named as the loss payee, in a form and amount satisfactory to Greenwood Cine, evidencing Customer’s insurance covering all risk of loss to the Property at replacement cost value plus any continuing rental charges at the same rate set forth on the Rental Agreement (such payments to continue until the date of receipt of the replacement cost by Greenwood Cine, including coverage of the Property while in transit. The customer’s insurance must include rented or leased equipment coverage and must provide coverage during the entire time of rental or lease, including transportation of the equipment to and from Greenwood Cine’s place of business, even if such transportation is accomplished by a third party carrier.

DAMAGE AND INSURANCE. The customer acknowledges that when the property is delivered to the customer, the customer will have examined the property and found it to be in good working order. The customer shall have full responsibility and liability to Greenwood Cine Vidcam for the actual cost to repair or replace any property which during the period between delivery to the customer and Greenwood Cine return to Vidcam has been lost, stolen, or damaged from any cause whatsoever (other than from a malfunction to which Greenwood CineVidcam’s limited warranty applies or ordinary wear and tear). The Customer customer assumes any and all risk of loss once the property leaves Greenwood CineVidcam’s place of business until such time as the property is properties returned to Greenwood Cine Vidcam in the manner provided herein, except at such times as the equipment is in the exclusive control of authorized Greenwood Cine Vidcam employees. The customer shall also be liable to Greenwood Cine Vidcam for any continued rental charges during a reasonable time required to repair or replace damaged equipment, to the extent the customer is responsible under this agreement for such damage or loss, the customer shall be liable to Greenwood Cine Vidcam for the full replacement cost of all property which must be replaced as a result of damage, loss loss, or the customer’s failure to return the property to Greenwood CineVidcam. The liability of customer hereunder is primary and shall only be reduced in the event and to the Greenwood Cine productions extent Vidcam actually receives any applicable insurance proceeds. Acceptance by Xxxxxxxxx Cine Vidcam of the return of any Property shall not be deemed a waiver by Xxxxxxxxx Cine vidcam of any claims which Greenwood Cine Vidcam may have against the Customer under this paragraph, even though any damage for which the Customer is liable hereunder here under is discovered later. Prior to taking delivery of the Property, the Customer shall either (i) provide to Greenwood Cine Vidcam a Certificate of Insurance acceptable to Greenwood Cinevidcam, with Greenwood Cine Vidcam named as the loss payee, in a form and amount satisfactory to Greenwood CineVidcam, evidencing Customer’s insurance covering all risk of loss to the Property at replacement cost value plus any continuing rental charges at the same rate set forth on the Rental Agreement Sales Invoice (such payments to continue until the date of receipt of the replacement cost by Greenwood CineVidcam), including coverage of the Property while in transit. The customer’s insurance must include rented or leased equipment coverage and must provide coverage during the entire time of rental or lease, including transportation of the equipment from and to and from Greenwood CineVidcam’s place of business, even if such transportation is accomplished by a third party carrier. A $2,500.00 deposit is required from the Rentee, if the Rentee is unable to obtain and show proof rental insurance by supplying a Certificate of Insurance to Vidcam, LLC at 0000 X. Xxxxxx Xxxxxx Xxxxxxx, XX 00000. (000) 000-0000. Prior to renting the equipment. An additional 10% will be added to the cost of the rental before any discount is applied. Any equipment that is lost and/or damaged the $2,500.00 deposit will be used to replace or repair the equipment.

DAMAGE AND INSURANCE. The customer acknowledges that when the property is delivered to the customer, the customer will have examined the property and found it to be in good working order. The customer shall have full responsibility and liability habillty to Greenwood Cine Vidcam for the actual cost to repair or replace any property which during the period between delivery to the customer and Greenwood Cine return to Vidcam has been lost, stolen, or damaged from any cause whatsoever (other than from a malfunction malfunctjon to which Greenwood CineVidcam’s limited warranty applies or ordinary wear and tear). The Customer customer assumes any and all risk of loss once the property leaves Greenwood CineVidcam’s place of business until such time Orne as the property is properties returned to Greenwood Cine Vidcam in the manner provided herein, except at such times as the equipment is in the exclusive control of authorized Greenwood Cine Vidcam employees. The customer shall also be liable to Greenwood Cine Vidcam for any continued rental charges during a reasonable time required to repair or replace damaged equipment, to the extent the customer is responsible under this agreement for such damage or loss, the customer shall be liable to Greenwood Cine Vidcam for the full replacement cost of all property which must be replaced as a result because of damage, loss loss, or the customer’s customers failure to return the property to Greenwood CineVidcam. The liability of Of customer hereunder is primary and shall only be reduced in the event and to the Greenwood Cine productions actually extent Vidcam receives any applicable insurance proceeds. Acceptance by Xxxxxxxxx Cine Vidcam of the return of any Property shall not be deemed a waiver by Xxxxxxxxx Cine vidcam of any claims which Greenwood Cine Vidcam may have against the Customer under this paragraph, even though any damage for which the Customer is liable hereunder here under is discovered later. Prior to taking delivery of the Property, the Customer shall either (i) provide to Greenwood Cine Vidcam a Certificate Certlftcate of Insurance acceptable to Greenwood Cine, vidcam. with Greenwood Cine Vidcam named as the loss payee, in . In a form and amount satisfactory to Greenwood CineVidcam, evidencing evidenctng Customer’s insurance covering all risk of loss to the Property at replacement cost value plus any continuing rental charges at the same rate set forth on the Rental Agreement Sales Invoice (such payments to continue until the date of receipt of the replacement cost by Greenwood CineVidcam), including coverage of the Property while in transit. The customer’s insurance must include rented or leased equipment coverage and must provide coverage during the entire time of rental or lease, including transportation of the equipment from and to and from Greenwood CineVidcam’s place of business, even if such transportation is accomplished by a third third-party carrier.. A $2,500.00 deposit is required from the Rentee, if the Rentee is unable to obtain and show proof of rental insurance by supplying a Certiftcate Of Insurance to Vidcam, LLC at 0000 X. Xxxxxxx Blvd, Burbank, CA 91504. (000) 000-0000. Prior to renting the equipment An additional 10% will be added to the cost of the rental before any discount is applied. Any equipment that is lost and/or damaged the S2S00.00 deposit will be used to replace or repair the equipment

DAMAGE AND INSURANCE. The customer acknowledges that when the property is delivered to the customer, the customer will have examined the property and found it to be in good working order. The customer shall have full responsibility and liability to Greenwood Cine ALFAVIZYON for the actual cost to repair or replace any property which during the period between delivery to the customer and Greenwood Cine return to ALFAVIZYON has been lost, stolen, or damaged from any cause whatsoever (other than from a malfunction to which Greenwood CineALFAVIZYON’s limited warranty applies or ordinary wear and tear). The Customer customer assumes any and all risk of loss once the property leaves Greenwood CineALFAVIZYON’s place of business until such time as the property is returned to Greenwood Cine ALFAVIZYON in the manner provided herein, except at such times as the equipment is in the exclusive control of authorized Greenwood Cine ALFAVIZYON employees. The customer shall also be liable to Greenwood Cine ALFAVIZYON for any continued rental charges during a reasonable time required to repair or replace damaged equipment, to the extent the customer is responsible under this agreement for such damage or loss, the customer shall be liable to Greenwood Cine ALFAVIZYON for the full replacement cost of all property which must be replaced as a result of damage, loss loss, or the customer’s failure to return the property to Greenwood CineALFAVIZYON. The liability of customer hereunder is primary and shall only be reduced in the event and to the Greenwood Cine productions extent ALFAVIZYON actually receives any applicable insurance proceeds. Acceptance by Xxxxxxxxx Cine ALFAVIZYON of the return of any Property shall not be deemed a waiver by Xxxxxxxxx Cine ALFAVIZYON of any claims which Greenwood Cine ALFAVIZYON may have against the Customer under this paragraph, even though any damage for which the Customer is liable hereunder is discovered later. Prior to taking delivery of the Property, the Customer shall either (i) provide to Greenwood Cine ALFAVIZYON a Certificate of Insurance acceptable to Greenwood CineALFAVIZYON, with Greenwood Cine ALFAVIZYON named as the loss payee, in a form and amount satisfactory to Greenwood CineALFAVIZYON, evidencing Customer’s insurance covering all risk of loss to the Property at replacement cost value plus any continuing rental charges at the same rate set forth on the Rental Agreement Sales Invoice (such payments to continue until the date of receipt of the replacement cost by Greenwood CineALFAVIZYON), including coverage of the Property while in transit. The customer’s insurance must include rented or leased equipment coverage and must provide coverage during the entire time of rental or lease, including transportation of the equipment from and to and from Greenwood CineALFAVIZYON’s place of business, even if such transportation is accomplished by a third party carrier.