EXCESS REDUCTION COVER. All Excess Reduction Options are subject to the provisions and exclusions set out below: a) The Hirer may purchase and pay the daily rental rate for one of the Excess Reduction Options to reduce the Standard Excess payable by the Hirer under JUCY’s cover (‘Excess Reduction Cover’) b) Subject to clause 11, the Hirer’s liability is covered by the relevant Excess Reduction Cover selected up to a maximum of S2,000,000. c) The Hirer’s liability for damage applies in respect of each separate accident, incident or new damage, not each rental. d) This clause 10 does not apply if the Hirer rejects Excess Reduction Cover. If the Hirer elects not to use Excess Reduction Cover, the excess payable by the Hirer is the Standard (Risk Taker) Excess as per the Rental Agreement and is payable for each and every event involving the Vehicle.
Appears in 5 contracts
Samples: Rental Agreement, Rental Agreement, Rental Agreement
EXCESS REDUCTION COVER. All Excess Reduction Options are subject to the provisions and exclusions exclu- sions set out below:
a) The Hirer may purchase and pay the daily rental rate for one of the Excess Reduction Options to reduce the Standard Excess payable by the Hirer under JUCY’s cover (‘Excess Reduction Cover’).
b) Subject to clause 11, the Hirer’s liability is covered by the relevant Excess Reduction Cover selected up to a maximum of S2,000,000$2,000,000.
c) The Hirer’s liability for damage applies in respect of each separate accident, incident or new damage, not each rental.
d) This clause 10 does not apply if the Hirer rejects Excess Reduction Cover. If the Hirer elects not to use Excess Reduction Cover, the excess payable by the Hirer is the Standard (Risk Taker) Excess as per the Rental Agreement and is payable for each and every event involving the Vehicle.
Appears in 2 contracts
Samples: Rental Agreement, Rental Agreement
EXCESS REDUCTION COVER. All Excess Reduction Options are subject to the provisions and exclusions set out below:
a) A. The Hirer may purchase and pay the daily rental rate for one of the Excess Reduction Options to reduce the Standard Excess payable by the Hirer under JUCYXXXX’s cover (‘Excess Reduction Cover’)
b) B. Subject to clause 11, the Hirer’s liability is covered by the relevant Excess Reduction Cover selected up to a maximum of S2,000,000$2,000,000.
c) C. The Hirer’s liability for damage applies in respect of each separate accident, incident or new damage, not each rental.
d) D. This clause 10 does not apply if the Hirer rejects Excess Reduction Cover. If the Hirer elects not to use Excess Reduction Cover, the excess payable by the Hirer is the Standard (Risk Taker) Excess as per the Rental Agreement and is payable for each and every event involving the Vehicle.
Appears in 2 contracts
Samples: Rental Agreement, Rental Agreement
EXCESS REDUCTION COVER. All Excess Reduction Options are subject to the provisions and exclusions set out below:
a) The Hirer may purchase and pay the daily rental rate for one of the Excess Reduction Options to reduce the Standard Excess payable by the Hirer under JUCYXXXX’s cover (‘Excess Reduction Cover’)
b) Subject to clause 11, the Hirer’s liability is covered by the relevant Excess Reduction Cover selected up to a maximum of S2,000,000.
c) The Hirer’s liability for damage applies in respect of each separate accident, incident or new damage, not each rental.
d) This clause 10 does not apply if the Hirer rejects Excess Reduction Cover. If the Hirer elects not to use Excess Reduction Cover, the excess payable by the Hirer is the Standard (Risk Taker) Excess as per the Rental Agreement and is payable for each and every event involving the Vehicle.
Appears in 1 contract
Samples: Rental Agreement