Damage Insurance Sample Clauses

Damage Insurance. Covers normal and accidental damage and wear and tear for normal and reasonable use of the bicycle due to terrain features, unseen obstacles on open terrain, or breakage from common wear. Damage caused by negligent or reckless behavior, intentional misuse, and loss due to theft ARE NOT COVERED! Damage is solely determined by CPMR staff, and participant (and Guardian if participant is a minor) will be held financially responsible for damage/loss arising from negligent or reckless behavior, intentional misuse, and theft. If participant (and Guardian if participant is a minor) elects to forgo damage insurance, participant (and Guardian if participant is a minor) will be held financially responsible for the full cost to repair and/or replace damaged components on the bicycle. All bicycles are inspected prior to each rental and immediately following return by CPMR staff. Check here if purchasing Damage Insurance with rental Please Initial Participant Signature Date Participant Printed Name Date of Birth Phone Number Participant’s Address City, State, Zip Guardian Signature Date Guardian Printed Name Date of Birth Phone Number Guardian Address City, State, Zip Please Read Carefully Before Signing Equipment Rental Agreement & Release of Liability Part II
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Damage Insurance. 1Customer is solely responsible for all risk and actual losses and damage to the Equipment, regardless of cause, other than Reasonable Wear and Tear. Customer shall notify Owner in writing regarding all losses or damage within twenty-four (24) hours of any occurrence. In the event the Equipment is lost, stolen, destroyed, or in Owner’s judgment is damaged beyond repair, Customer shall immediately pay to Owner the stated value of the Equipment, as set forth on the applicable Rental Out Schedule (the “Stated Value”). Rental payments, which were made prior to the loss or damage, shall not be applied to payment of the Stated Value. But, in the event the Equipment is damaged but reparable in Owner ‘s judgment, Customer shall be responsible to pay for the: (a) all the costs to repair the Equipment; and (b) all rental payments, until such repairs have been completed to Owner’s satisfaction and the Equipment has been returned to Owner.
Damage Insurance. Lessee assumes all risk of loss of the Equipment. Lessee will keep the Equipment insured against all risks of loss in an amount not less than its replacement cost (listing Lessor as loss payee and additional insured) and against public liability in an amount satisfactory to Lessor (listing Lessor as additional insured). Lessee will provide upon the acceptance of each item of Equipment, and as requested subsequently, a certificate of insurance or such other evidence of coverage. In the event of loss, theft, destruction, damage, condemnation or other taking of the Equipment, Lessee shall at Lessor's option (i) replace the Equipment with like equipment in good repair and condition or (ii) pay to the Lessor (1) past due rent, (2) all future rent to become due during the unexpired Term discounted to present value at 5%, and (3) all other amounts due under this Agreement.
Damage Insurance. As a part of your stay, you may purchase a Vacation Rental Damage Protection plan designed to cover unintentional damages to the rental unit interior that occur during your stay provided they are disclosed to management prior to check-out. If purchased, the policy will pay a maximum benefit of $3,000. Any damages that exceed $3,000 or are not covered under the plan will be charged to the credit card on file. If, during your stay at one of our rental properties, an insured person causes any damage to real or personal property of the unit as a result of inadvertent acts or omissions, the Insurer will reimburse the Insured for the cost of repair or replacement of such property up to a maximum benefit of $3,000. Certain terms and conditions apply. Full details of the Vacation Rental Damage coverage are contained in the Description of Coverage or Insurance Policy here: xxxxx://xxx.xxxxxxxxxxxxxxxxxxx.xxx/certpoli xx.xx?product=G-20VRD. The Vacation Rental Damage Protection can be purchased up to, and including at, check-in. By submitting payment for this plan, you authorize and request Customized Services Administrators, Inc. d/b/a Generali Global Assistance & Insurance Services to pay directly Sand Dollar Real Estate any amount payable under the terms and conditions of the Vacation Rental Damage. Please contact Sand Dollar Real Estate directly if you do not wish to participate in this assignment. Renters understand that Renters are responsible for damage beyond the coverage provided by the damage insurance. Renters are also responsible for damage that would have been covered by the damage insurance if Renters fail to advise the Owner of the damage and provide the necessary information that would allow the Owner to file a claim against the policy. ASSUMPTION OF RISK: No lifeguard on duty. Accordingly, persons using the beach or pool do so at their own risk and the owners assume no responsibility for accident or injury. No one should swim alone. Renters will hold the Owners harmless from any and all bodily injury and/or property damage incurred on the property arising out of Renters' negligent acts or omissions. See disclaimer below.
Damage Insurance. During the term of this credit, the debtor undertakes to contract and maintain valid insurance against all damages and losses caused by willful misconduct, fault, fortuitous event, and/or force majeure that the movable or immovable property subject to this guarantee and its structures may suffer, through a policy issued by an Insurance Entity of their free choice, for an amount according to the following detail: And transfer to Banco National de Costa Rica their right to the compensation that the insurer must pay in case of a claim, through the figure of Mortgage Creditor. The debtor declares knowledge and acceptance that the policy must be duly established prior to the formalization of the credit and be acquired in colones since it is the currency in which the appraisal is expressed. In cases where, at the express request of the client, they want to subscribe to the policy in dollars, they must commit in the legal document to make adjustments to the policy amount that the Bank requests. The debtor undertakes to expressly and in writing authorize the Bank at the time of formalization of the credit, so that it can consult and obtain from the insurance company all the information related to the policies referred to in this clause. The authorization must remain valid at all times until the expiration or total payment of this obligation. In case the debtor changes the insurance company, they must inform the Bank and provide a new authorization to the insurance company they have contracted. The insurance company contracted by the debtor must have administrative authorization from the Superintendencia General de Seguros (SUGESE) for its proper operation in the country. The debtor declares knowledge and acceptance that in case of an Uninsured event covered by the contracted policy, limitations, or exclusions imposed by the chosen Insurance Company, Banco National assumes no responsibility. Likewise, the debtor undertakes to keep this insurance in force until the expiration or total payment of this obligation and agrees to keep the Bank informed, by appropriate means, of the periodic renewals they make of the insurance. Failure to comply with the obligations established in this clause gives the Bank the right to declare the obligation due and demand it in its entirety through legal means. It is established between the parties that if, for any reason or circumstance, there is a lack of contracting or renewal of the policies attached to this credit, this does not ge...
Damage Insurance. It is understood that damage insurance purchased from JIC Manager covers minor & accidental damage (ripped screen, lost towel, broken paddle..
Damage Insurance. 6.1 The Lessor agrees to take responsibility of the damages occurred to the Lessee and/or CAT Telecom PLC in case the staff or employee of the Lessor intentionally or carelessly or without sufficient expertise acts or refrain from acting, which causes damage or unfunctional condition or uncorrectable condition to the network system and WiFi Devices relevant to the Lessor. The Lessor shall replace with quality and functional network system and WiFi Devices and all the accessories of not less than of those within the period specified by the Lessee. CATBUZZ (Logo) Translated from Thai 6.2 The Lessor agrees to cooperate and facilitate the Lessee for the compliance with this Agreement and allows the staffs/representative of the Lessee to enter the location or area of network system and WiFi Devices and all the accessories installation to provide the maintenance service to the users at all time, which shall be consented by the location’s owner for each entrance. The lessee shall supervise the service of the Lessee’s staffs/representatives to be cautious and avoid causing any damages within the location or area of network system and WiFi Devices and all the accessories installation. Thus, if Lessee’s staffs/representatives cause any damages to the network system and WiFi Devices and all the accessories, whether intentionally or carelessly, the Lessee shall take the responsibility for all the actual damages occurred. 6.3 In case a third party cites or exercise any rights to claim for any infringement or breach of intellectual property regarding the network system and WiFi Devices and all the accessories for the Google Station WiFi Service under this Agreement, the Lessor shall proceed by any mean to terminate such citing or claims immediately. If the Lessor fails to do so and causes the Lessee and/or CAT Telecom PLC to be liable to the damages for the third party due to the results of the said infringement or breach of intellectual property, the Lessor shall pay for the damage compensations and expenses, including the fees and lawyer fees instead of the Lessee and/or CAT Telecom PLC. The Lessee, however, shall notify the Lessor in written in case of such citing or claims without any hesitation as necessary to protect such rights.
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Damage Insurance. At the request of the "CREDITOR", the "DEBTOR" shall be obliged to hire a Damage Insurance Policy in accordance with the specifications required by the former to the latter, in order to secure the Pledge and/or Mortgage Guarantee, if any, set forth in this Agreement. With this understanding and due to the special characteristics of each operation, the "DEBTOR" shall pay the "CREDITOR" the amount specified in subsection r) of "Annex E", for the purchase of a damage insurance policy in order to secure the Pledge and/or Mortgage Guarantee which are also specified in subsection r) of "Annex E"; insurance under which the sole and principal beneficiary designated shall be the company named “GRUPO OLINX”, S.A.P.I. DE C.V., SOFOM, E.N.R. The "Parties" agree that the amount stated to cover the damage insurance will be directly discounted from the amount that will be given to the "DEBTOR" in Credit. On this understanding, the "DEBTOR" authorizes the "CREDITOR" from this moment on to withhold and make the referred discount.
Damage Insurance. Covers normal and accidental damage and wear and tear for normal and reasonable use of the bicycle due to terrain features, unseen obstacles on open terrain, or breakage from common wear. Damage caused by negligent or reckless behavior, intentional misuse, and loss due to theft ARE NOT COVERED! Damage is solely determined by CPMR staff, and participant (and Guardian if participant is a minor) will be held financially responsible for damage/loss arising from negligent or reckless behavior, intentional misuse, and theft. If participant (and Guardian if participant is a minor) elects to forgo damage insurance, participant (and Guardian if participant is a minor) will be held financially responsible for the full cost to repair and/or replace damaged components on the bicycle. All bicycles are inspected prior to each rental and immediately following return by CPMR staff.
Damage Insurance. The Lessee shall at its cost secure an insurance policy designated by the Lessor to cover the goods the Lessee owns in the Premises, and the Lessee shall maintain that policy for the duration of the term of this Agreement.
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