Common use of Damage or Loss Clause in Contracts

Damage or Loss. Renter acknowledges receiving the Equipment in good condition, except as follows: Renter will return the Equipment to Owner in good condition except as noted above. If the Equipment is damaged while in Renter’s possession, Renter will be responsible for the cost of repair or replacement, up to the current value of the Equipment. If the Equipment is lost while in Renter’s possession, Renter will pay Owner it current value.

Appears in 1 contract

Samples: bsbproduction.s3.amazonaws.com

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Damage or Loss. Renter acknowledges receiving the Equipment in good condition, except as follows: . Renter will return the Equipment to Owner in good condition except as noted above. If the Equipment is damaged while in Renter’s 's possession, Renter will be responsible for the cost of repair or replacementrepair, up to the current value of the Equipment. If the Equipment is lost while in Renter’s 's possession, Renter will pay Owner it its current value.

Appears in 1 contract

Samples: Greystone Logistics, Inc.

Damage or Loss. Renter acknowledges receiving the Equipment in good condition, except as follows: . The exceptions to good condition are noted in Paragraph 2. Renter will return the Equipment to Owner in good condition except as noted above. If the Equipment is damaged while in Renter’s 's possession, Renter will be responsible for the cost of repair or replacementrepair, up to the current replacement value of the EquipmentEquipment and any freight or shipping charges. If the Equipment is lost while in Renter’s 's possession, Renter will pay Owner it current valueits replacement value and any freight or shipping charges.

Appears in 1 contract

Samples: assets.ngin.com

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Damage or Loss. Renter acknowledges receiving the Equipment in good condition, except as follows: New. Renter will return the Equipment to Owner in good condition except as noted above. If the Equipment is damaged while in Renter’s 's possession, Renter will be responsible for the cost of repair or replacementrepair, up to the current value of the Equipment. If the Equipment is lost while in Renter’s 's possession, Renter will pay Owner it its current value.

Appears in 1 contract

Samples: Avalon Development Enterprises, Inc.

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