INSURANCE AND INSURANCE CERTIFICATE. The Customer shall insure the equipment for its full replacement value under an OPEN PERILS/ALL RISKS POLICY. A copy of the insurance certificate shall be provided to the Company prior to the commencement of the Rental. The sole beneficiary of the in- surance will be stated on the certificate as Eddy Pump Corporation 00000 Xxxx Xxxxxxx 00, Xx Xxxxx, Xxx- xxxxxxx 00000. Failure of the insurance company to honor a claim in no way changes the obligation of the Customer to compensate the Company for the full new replacement value of the equipment. The minimum paid up term of the Insurance must be for the initial period of the Rental plus one-month. TIMING. Company shall use reasonable efforts to meet any performance dates specified in the Agreement. Customer agrees that any such dates shall be estimates only. RENTAL TERM. Rental terms require a minimum of two (2) months rental period. Should equipment be returned prior to the two (2) month period, the full two (2) months will be charged. This Rental shall begin on the day the equipment arrives at Customers job site and shall terminate on the day the trackable bill of lading is emailed to xxxxxxx@xxxxxxxx.xxx. Equipment must arrive at Company headquarters within seven (7) days of Company receipt of the BOL. International shipping will be inde- pendently determined. Any additional days will be charged at the pro-rated rental rate. The equipment must be returned clean and in fully working condition to the Company’s facility. Rental charges are billed to the Customer for the full term even if the equipment is returned before the end of the term. If the equip- ment is not returned during or at the end of the term, then the rental charges shall continue on a full term basis for any additional term or portion thereof until the equipment is returned. At any time the Company has the right to terminate the Rental with seven (7) days notice. The Customer may terminate the Rental after the initial period of the Rental has been completed.
INSURANCE AND INSURANCE CERTIFICATE. Insurance that covers the Lease Vehicle, effective for the full Lease Term, shall be provided as set forth below.
INSURANCE AND INSURANCE CERTIFICATE. Insurance that covers the Heavy Equipment rented by the Authorized User, effective for the full Rental Period, shall be provided as set forth below.
INSURANCE AND INSURANCE CERTIFICATE. The Customer shall insure the equipment for its full replacement value under an ALL RISKS POLICY INCLUDING AUTO COVERAGE. A copy of the insurance certificate shall be provided to Inter Video prior to the commencement of the Rental. The sole beneficiary of the insurance will be stated on the certificate as Inter Video 0000 X. Xxxxxxx St. Burbank, CA 91504. Inter Video will be named additionally insured loss payee. Failure of your insurance company to honor a claim in no way negates the obligation of the Customer to compensate Inter Video for the full replacement value of the equipment and all loss of rental income from the equipment until it has been replaced or paid for. The minimum term of the Customer’s Insurance shall be for the period of the Rental plus an additional month.
INSURANCE AND INSURANCE CERTIFICATE. The Customer shall insure the equipment for its full replacement value under an OPEN PERILS/ALL RISKS POLICY. A copy of the insurance certificate shall be provided to the Company prior to the commencement of the Rental. The sole beneficiary of the in- surance will be stated on the certificate as Eddy Pump Corporation 00000 Xxxx Xxxxxxx 00, Xx Xxxxx, Xxx- xxxxxxx 00000. Failure of the insurance company to honor a claim in no way changes the obligation of the Customer to compensate the Company for the full new replacement value of the equipment. The minimum paid up term of the Insurance must be for the initial period of the Rental plus one-month.
INSURANCE AND INSURANCE CERTIFICATE. The Borrower shall insure against their liability for possession or use of the equipment as well as for its full replacement value. The Lender shall be named Additional Insured under the Borrower’s General Liability Insurance Policy. A copy of the insurance certificate shall be provided to the Lender as requested. The Lender will be paid directly and in full for any replacement cost values. Failure of the insurance Lender to honor a claim in no way changes the obligation of the Borrower to compensate the Lender for the full new replacement value of the equipment.
INSURANCE AND INSURANCE CERTIFICATE. The Customer shall insure the equipment for its full replacement value under an OPEN PERILS/ALL RISKS POLICY. A copy of the insurance certificate shall be provided to the Company prior to the commencement of the rental. The sole beneficiary of the in- surance will be stated on the certificate as Eddy Pump Corporation 00000 Xxxx Xxxxxxx 00, Xx Xxxxx, Xxx- xxxxxxx 00000. Failure of the insurance company to honor a claim in no way changes the obligation of the Customer to compensate the Company for the full new replacement value of the equipment. The minimum paid up term of the required insurance must be for the initial period of the rental plus one-month. TIMING. Company shall use reasonable efforts to meet any performance dates specified in the Agreement. Customer agrees that any such dates shall be estimates only.
INSURANCE AND INSURANCE CERTIFICATE. The Customer shall insure the equipment for its full replacement value under an OPEN PERILS/ALL RISKS POLICY. A copy of the insurance certificate shall be provided to the Company prior to the commencement of the Rental. The sole beneficiary of the in- surance will be stated on the certificate as Eddy Pump Corporation 00000 Xxxx Xxxxxxx 00, Xx Xxxxx, Xxx- xxxxxxx 00000. Failure of the insurance company to honor a claim in no way changes the obligation of the Customer to compensate the Company for the full new replacement value of the equipment. The minimum paid up term of the Insurance must be for the initial period of the Rental plus one-month. RENTAL TERM. This Rental shall begin on the day the equipment leaves the Company facility in El Cajon, CA and shall terminate on return of equipment in fully working condition to the Company’s facility. If the equipment has to be repaired to return it to a fully working state the equipment will continue to be rented until it is repaired. The Rental period will end only when the equipment has been returned to a fully working state and returned to the Company’s facility. Rental charges are billed to the Customer for the full term even if the equipment is returned before the end of the term. If the equipment is not returned during or at the end of the term, then the rental charges shall continue on a full term basis for any additional term or portion thereof until the equipment is returned. At any time the Company has the right to terminate the Rental with seven (7) days notice. The Customer may terminate the Rental after the initial period of the Rental has been completed.
INSURANCE AND INSURANCE CERTIFICATE. Rental center does not supply insurance for the equipment. Renter shall insure the equipment for its full replacement value. A copy of the insurance certificate or other proof of insurance shall be provided to rental center prior to the commencement of the rental period. Failure of the insurance company to honor a claim in no way changes the obligation of the Renter to compensate rental center for the full new replacement value of the equipment.
INSURANCE AND INSURANCE CERTIFICATE. The Customer shall insure the Materials for its full replacement value (as stated above) under ALL-RISK POLICY. A copy of the insurance certificate shall be provided to the Company prior to the commencement of the Rental. The sole beneficiary of the insurance will be stated on the certificate as: Pro-Cast Products, Inc. 00000 X. 0xx Xx, Xxxxxxxx, XX 00000. Failure of the insurance company to honor a claim in no way alleviates the obligation of Customer to compensate Company for the full replacement value of the Materials.
