Common use of INSURANCE AND INSURANCE CERTIFICATE Clause in Contracts

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.

Appears in 3 contracts

Samples: Equipment Rental Agreement, Equipment Rental Agreement, Equipment Rental Agreement

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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 insurance will be stated on the certificate as Eddy Pump Corporation EZ Connect Floats 00000 Xxxx Xxxxxxx 00, Xx Xxxxx, Xxx- xxxxxxx Xxxxxxxxxx 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.

Appears in 2 contracts

Samples: Equipment Rental Agreement, Equipment Rental Agreement

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 DAE Pumps Corporation 00000 Xxxx Xxxxxxx 00, Xx Xxxxx, Xxx- xxxxxxx Xxxxxxxxxx 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.

Appears in 1 contract

Samples: Equipment Rental Agreement

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 insurance will be stated on the certificate as Eddy Pump Corporation 00000 Xxxx Xxxxxxx 00, Xx Xxxxx, Xxx- xxxxxxx Xxxxxxxxxx 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.

Appears in 1 contract

Samples: Equipment Rental Agreement

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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 insurance will be stated on the certificate as Eddy Pump Corporation HAWK Excavator 00000 Xxxx Xxxxxxx 00, Xx Xxxxx, Xxx- xxxxxxx Xxxxxxxxxx 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.

Appears in 1 contract

Samples: Equipment Rental Agreement

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