Common use of INDEMNITY, LIABILITY AND INSURANCE Clause in Contracts

INDEMNITY, LIABILITY AND INSURANCE. (a) To the extent not prohibited by applicable law, you agree to indemnify us, defend us and hold us harmless from all claims arising out of the death or bodily injury of any person or the damage, loss or destruction of any tangible property caused by or to the Product, except to the extent caused by our gross negligence or willful misconduct. (b) You agree to maintain insurance to cover the Product for all types of loss, including, without limitation, theft, in an amount not less than the full replacement value and you will name us as an additional insured and loss payee on your insurance policy. In addition, you agree to maintain comprehensive public liability insurance, which, upon our request, shall be in an amount acceptable to us and shall name us as an additional insured. Such insurance will provide that we will be given thirty (30) days advance notice of any cancellation. Upon our request, you agree to provide us with evidence of such insurance in a form reasonably satisfactory to us. If you fail to maintain such insurance or to provide us with evidence of such insurance, we may (but are not obligated to) obtain insurance in such amounts and against such risks as we deem necessary to protect our interest in the Product. Such insurance obtained by us will not insure you against any claim, liability or loss related to your interest in the Product and may be cancelled by us at any time. You agree to pay us an additional amount each month to reimburse us for the insurance premium and an administrative fee, on which we or our affiliates may earn a profit. In the event of loss or damage to the Product, you agree to remain responsible for the Payment obligations under this Lease Agreement until the Payment obligations are fully satisfied.

INDEMNITY, LIABILITY AND INSURANCE. (a) To the extent not prohibited by applicable law, you agree to indemnify us, defend us and hold us harmless from all claims arising out of the death or bodily injury of any person or the damage, loss or destruction of any tangible property caused by or to the Product, except to the extent caused by our gross negligence or willful misconduct. (b) You agree to maintain insurance, through self-insurance or otherwise, to cover the Product for all types of loss, including, without limitation, theft, in an amount not less than the full replacement value value. and you will name us as an additional insured and loss payee on your insurance policy. In addition, you agree to maintain comprehensive public liability insurance, which, upon our request, shall be in an amount acceptable to us and shall name us as an additional insured. Such insurance will provide that we will be given thirty (30) days advance notice of any cancellation. Upon our request, you agree to provide us with evidence of such insurance in a form reasonably satisfactory to us. If you fail to maintain such insurance or to provide us with evidence of such insurance, we may (but are not obligated to) obtain insurance in such amounts and against such risks as we deem necessary to protect our interest in the Product. Such insurance obtained by us will not insure you against any claim, liability or loss related to your interest in the Product and may be cancelled by us at any time. You agree to pay us an additional amount each month to reimburse us for the insurance premium and an administrative fee, on which we or our affiliates may earn a profit. You agree to be responsible for any theft of, destruction of, or damage to the Equipment, whether or not insured, in an amount not less than the full replacement value, from the time of Equipment delivery to and acceptance by you until it is delivered to Ricoh at the end of the Term or any extension of this Lease Agreement. In the event of loss or damage to the Product, other than such lost or damage solely caused by Ricoh and Ricoh fails to remedy such loss or damage within a reasonable period of time after being notified in writing by you, you agree to remain responsible for the Payment obligations under this Lease Agreement until the Payment obligations are fully satisfied.

INDEMNITY, LIABILITY AND INSURANCE. (a) To the extent not prohibited by applicable law, you agree each party to indemnify usthis Agreement agrees to indemnify, defend us and hold us the other harmless from all claims arising out of the death or bodily injury of any person agent, employee or business invitee of the indemnified party or the damage, loss or destruction of any tangible property caused by or to of the Product, except indemnified party to the extent caused by our gross the negligence or willful misconductintentional acts or omissions of the indemnifying party. Notwithstanding anything to the contrary, in no event shall we be liable to you for any indirect, special or consequential damages. (b) Because you have possession and control of this Equipment, you are responsible for any damage, injury or loss caused by (or to) the Equipment or other property resulting from the use, misuse or possession of the Equipment or any accident or other casualty relating to the Equipment. We are responsible for damage or injury to third persons to the extent the damage or injury is caused by our negligent acts or omissions. You agree to maintain insurance to cover the Product Equipment for all types of loss, including, without limitationlimit, theft, in an amount not less than the full replacement value and you will name us as an additional insured and loss payee on your insurance policy. In addition, you agree to maintain comprehensive public liability insurance, which, upon our request, shall be in an amount acceptable to us and shall name us as an additional insured. Such insurance will provide that we will be given thirty (30) days days’ advance notice of any cancellation. Upon our request, you You agree to provide us with evidence of such insurance in a form reasonably satisfactory to us. If you fail to maintain such insurance or to provide us with evidence of such insurance, we may (but are not obligated to) obtain insurance in such amounts and against such risks as we deem necessary to protect our interest in the Product. Such insurance obtained by us will not insure you against any claim, liability or loss related to your interest in the Product and may be cancelled by us at any time. You agree to pay us be responsible for any theft of, destruction of, or damage to the Equipment, whether or not insured, in an additional amount each month not less than the full replacement value, from the time of Equipment delivery to reimburse us for and acceptance by you until it is delivered to Ricoh at the insurance premium and an administrative fee, on which we end of the Term or our affiliates may earn a profitany extension of this Agreement. In the event of loss or damage to the ProductEquipment, other than such lost or damage solely caused by Ricoh and Ricoh fails to remedy such loss or damage within a reasonable period of time after being notified in writing by you, you agree to remain responsible for the Payment payment obligations under this Lease Agreement until the Payment payment obligations are fully satisfied.. Attachment F – Ricoh Short Term Lease Agreement Section 7 – Liability, Insurance and Indemnity

INDEMNITY, LIABILITY AND INSURANCE. (a) To the extent not prohibited by applicable law, you agree to indemnify us, defend us and hold us harmless from all claims arising out of the death or bodily injury of any person or the damage, loss or destruction of any tangible property caused by or to the ProductEquipment, except to the extent caused by our gross negligence or willful misconduct. (b) Notwithstanding anything to the contrary, in no event shall we be liable to you for any indirect, special or consequential damages. You are responsible for any theft of, destruction of, or damage to the Equipment from any cause at all, whether or not insured, from the time of Equipment delivery to you until it is delivered to us at the end of the term of this Agreement. You agree to maintain insurance to cover the Product Equipment for all types of loss, including, without limitation, theft, in an amount not less than the full replacement value value, and you will name us as an additional insured and loss payee on your insurance policy. In addition, you agree to maintain comprehensive public liability insurance, which, upon our request, shall be in an amount acceptable to us and shall name us as an additional insured. Such insurance will provide that we will be given thirty (30) days advance notice of any cancellation. Upon our request, you agree to provide us with evidence of such insurance coverage in a form reasonably satisfactory to us. If you fail to maintain such insurance or to provide us with evidence of such insurance, we may (but are not obligated to) obtain insurance in such amounts and against such risks as we deem necessary to protect our interest in the ProductEquipment. Such insurance obtained by us will not insure you against any claim, liability or loss related to your interest in the Product Equipment and may be cancelled by us at any time. You agree to pay us an additional amount each month to reimburse us for the insurance premium and an administrative fee, on which we or our affiliates may earn a profit. In the event of loss or damage to the ProductEquipment, you agree to remain responsible for the Payment payment obligations under this Lease Agreement until the Payment payment obligations are fully satisfied.. and the Ricoh Logo are registered trademarks of Ricoh