Common use of Damage and Replacement Cost Clause in Contracts

Damage and Replacement Cost. Any damage to or loss of rentals will be charged to the renter based on the listed replacement value. This value is determined by the Rental Manager based on current replacement costs, not market value. Please do not return garments on hangers. Wire hangers are costly to recycle and may snag and damage costumes in transit. There is a $5.00 recycling fee for any wire hangers included in return shipment and customer is liable for any damage to costumes from hangers that may have occurred in transit.