Insurance and Damage. 4.1 The Lessee undertakes all risks with respect to the Vehicle, including loss, theft, damage or destruction thereof, in the amount of the value of the Vehicle as from the date of receipt of the Vehicle until return thereof to Lessor, except damage due to normal wear and tear.
Insurance and Damage. The Provider shall assume the risk of loss or damage (e.g., fire, flood, theft, accident, etc.) of the equipment provided, except that each local school unit shall be responsible for any replacement or repair costs due to the negligent or intentional act of the school, a teacher, a student. In the case of individual fault, the local school unit will determine as a matter of local policy whether any or all such local costs should be borne by the individual teacher, student, or parent(s). These local costs shall not be counted as part of the direct or indirect bid price defined in PART V
Insurance and Damage. The Hirer must keep current an insurance policy overseeing:-
Insurance and Damage. A. Lessee assumes all risk of loss, damage, injury and liability for the same that may occur to Lessee, Xxxxxx’s guests, Xxxxxx’s aircraft and Xxxxxx’s improvements and property in or upon the Leased Premises and Lessor shall not be liable or responsible for any such loss, damage or injury, regardless of the cause thereof, including, without limitation, the negligence of Lessor, its officers, agents or employees.
Insurance and Damage. ● The student or parent/guardian is responsible for paying an annual, per year Insurance Protection Fund Payment of $50 designed to fund accidental damage repair to the student’s Chromebook. ● This annual, per year Insurance Protection Fund, is not considered a school fee and is required of all 1 to 1 participant. ● This Insurance Protection Fund payment is not prorated for partial years of student enrollment and therefore is not refundable. ● Damage caused by a deliberate act by the student is not covered by this protection fund and the fund only covers the first accidental damage up to $50 in repair or replacement costs in a school year. (See Repair Fee Schedule) ● Subsequent accidental damage is the responsibility of the student and/or parent/ guardian. Under Ohio Revised, Code 3109.09, parents or guardians having custody and control of students under the age of 18 are responsible for vandalism and damages rendered by their children, up to $10,000, plus court costs. Students who are 18 years or older are held accountable in their own right. Ohio Code ● The Chromebook is covered by the school-issued warranty. If the equipment is found to be faulty, then it must be returned immediately to the school’s Tech Department for repair. ● If a Chromebook is lost or accidentally damaged, the Parent/Guardian may be liable for the insurance excess. ○ For loss and accidental damage: ○ A loss notification must be accompanied by the appropriate police report. ○ Chromebook – Up to $245.00; Power Cord - $20.00; Power Adapter - $60.00 ○ Chromebook Carrying Bag - $25.00 G: Parental Responsibilities ● Parents are responsible for managing Chromebook use and care outside of school. An xxxxxxxxxxxxxxx.xxx account is necessary to log into the Chromebooks. No one other than the issued student will be allowed to log into the Chromebook. ● Additional programs, apps, or other content may not be installed on the Chromebook by anyone other than approved District personnel. ● Xxxxxxxx Local Schools reserves the right to remove any content which interferes with learning or is otherwise deemed inappropriate (e.g., creates an unacceptable risk to the student, property or District).
Insurance and Damage. 24. The rate include a full comprehensive insurance cover to protect the Renter in the event of accidents.
Insurance and Damage. 6.1 The Council shall keep current an insurance policy covering the replacement value of the building of which the premises form a part excluding the contents owned by the tenant.
Insurance and Damage. Borrower will maintain insurance satisfactory to Lender in form, amount and substance, issued by insurers satisfactory to Lender, insuring the Collateral against loss from fire, theft, and such other risks determined by Lender, with deductibles acceptable to Lender. Borrower has provided Lender with a schedule of insurance coverages dated November 17, 1998 which Lender acknowledges is acceptable. Liability insurance coverage shall be provided up to $2,000,000 together with excess coverage. Cargo shall be insured for the actual value thereof up to $2,000,000. Borrower's current deductible of $250,000 is acceptable to Lender. Lender shall be designated as loss payee under the terms of the policies evidencing such insurance. In the event Collateral is damaged or destroyed, Borrower shall have the option to repair the Collateral, replace the Collateral (which shall have substantially the same value) or prepay the applicable Note with an amount equal to the pro rata portion of the unamortized principal with respect to such damaged or destroyed Collateral. At Lender's request, Borrower will execute a specific assignment to Lender, in form satisfactory to Lender, of all of Borrower's rights under any insurance policy covering any of the Collateral. Borrower shall furnish to Lender such evidence of insurance as Lender may require;
Insurance and Damage. 1. The Parent/Guardian/Student is responsible for making an annual payment of $35 to the Insurance Protection Fund (IPF). This fund is established in order to fund repairs in the event of accidental damage to a student's Chromebook.
Insurance and Damage. The following insurance policies shall be maintained for the Unit: Guest Liability Insurance: StayCae will obtain an umbrella insurance policy with a reputable insurer to cover personal injury to StayCae’s Customers, visitors and anyone else accessing the Unit.
