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 Minor’s Release 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. 11.1Customer 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. 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: Real estate folio number 2-122388-F-000 construction value for C 10,266,126,964.50 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 ...
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. PLEASE CHECK HERE IF PURCHASING DAMAGE INSURANCE WITH RENTAL. AGREE DECLINE I HAVE CAREFULY READ AND UNDERSTOOD THE CONTENTS OF THIS AGREEMENT, I UNDERSTAND THAT I/WE ARE WAIVING CERTAIN LEGAL RIGHTS, I/WE AGREE BY SIGNING BELOW TO ALL OF THE TERMS. DO NOT SIGN IF YOU DO NOT AGREE TO ALL OF THE TERMS ABOVE. State Zip Address City Participants Signature Date Participants Name (printed) Age DOB I, as parent/guardian of, a minor child have the authority to enter this agreement on behalf of the named minor. On behalf of the above-named person, who has been identified as a minor, I agree as parent/guardian of the named minor to be bound by all terms and conditions of this agreement, including to DEFEND. INDEMNIFY AND HOLD CHINA PEAK MOUNTAIN RESORT LLC. HARMLESS as set forth above. City: State: Zip Address if different from above: Parent/Guardian Signature Date Name of minor (printed) Age DOB Please Read Carefully Before Signing Equipment Rental Agreement & Release of Liability Part II‌ Do Not Sign Until You Have Received Your Equipment I/we understand how this mountain bike system works and I have been given complete instructions in its proper use. Any questions I have had about this equipment and its proper use have been satisfactorily answered. I agree to check (or have user check) this equipment before each use, and herby acknowledge that I will not use this equipment or if I am not the user to use this equipment if any parts are worn, damaged, or missing. If I am not the user, I will provide all of this information to the user. I understand that I may return at any time to have this equipment e...
Damage Insurance. The renter is liable for any damage he may cause. He certifies to be covered by a third-party liability insurance adapted to the vacation rental for all risks.
Damage Insurance. 6. Damage insurance up to 10000 Rs. will facilitated by Service Leader for its service providers. If Damage is more than 10000 Rs. then Service Provider will responsible to pay the Damage.
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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. 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. The Renter should ensure that they have adequate insurance to cover them in the event of damage being caused to the holiday rental. The Agent is at liberty to request sight of a copy of this insurance. TO PROCEED WITH THE BOOKING YOU SHOULD RETURN A SIGNED COPY OF THIS CONTRACT BY POST OR BY EMAIL. IF BY EMAIL YOU SHOULD PRINT THIS PAGE AND THEN SIGN AND SCAN IT. ELECTRONIC SIGNATURES CAN NOT BE ACCEPTED. Signed: Name: XXXX XXXXX The Agent Date: Signed: Name:
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