Common use of Damage Insurance Clause in Contracts

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

Appears in 4 contracts

Samples: Equipment Rental Agreement, Equipment Rental Agreement and Release of Liability, Equipment Rental Agreement

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