Insurance/Loss or Damage. The Gallery shall insure the work for percent of the retail price shown in the Record of Consignment. • The Gallery shall be responsible for the safekeeping of all consigned works. • The Gallery shall be strictly liable for loss of or damage to any consigned Artwork from the date of delivery to the Gallery until the work is returned to the Artist or delivered to a Purchaser. • In the event of damage that cannot be restored, the Artist shall receive the same amount as if the work had been sold at the retail price listed in the Record of Consignment. • If restoration is undertaken, the Artist shall have a veto power over the choice of restorer. Initialed by The Artist and Gallery. COPYRIGHT AND SECURITY INTEREST • The Gallery shall take all steps necessary to insure that the Artist’s copyright of the consigned works is protected, including but not limited to requiring copyright notices on all reproductions of the works used for any purpose whatsoever. • Title to and a security interest in any works consigned or proceeds of sale under this Agreement are reserved to the Artist. • In the event of any default by the Gallery, the Artist shall have all the right of a secured party under the Uniform Commercial Code and the works shall not be subject to claims by the Gallery’s creditors. • The Gallery agrees to execute and deliver to the Artist, in the form requested by the Artist, a financial statement and such other documents that the Artist may require to perfect its security interest in the works. • In the event of the purchase of any work by a party other than the Gallery, title shall pass directly from the Artist to the other party. • In the event of the purchase of any work by the Gallery, title shall pass only upon full payment to the Artist of all sums due hereunder. • The Gallery agrees not to pledge or encumber any works in its possession, not to incur any charge or obligation in connection herewith for which the Artist may be liable. Initialed by The Artist and Gallery.
Insurance/Loss or Damage. The Gallery shall insure the work for percent of the retail price shown in the Record of Consignment. • The Gallery shall be responsible for the safekeeping of all consigned works. • The Gallery shall be strictly liable for loss of or damage to any consigned Artwork from the date of delivery to the Gallery until the work is returned to the Artist or delivered to a Purchaser. • In the event of damage that cannot be restored, the Artist shall receive the same amount as if the work had been sold at the retail price listed in the Record of Consignment. • If restoration is undertaken, the Artist shall have a veto power over the choice of restorer. Initialed by The Artist and Gallery.
Insurance/Loss or Damage. Landlord and Tenant shall each be responsible to maintain insurance for their interest in the Premises and property located on the Premises. The Landlord’s insurance covers building and liability issues only and does not cover the personal belongings of the Tenant. Renter’s insurance is the sole responsibility of the Tenant and is strongly recommended. Grills must be a safe distance away from the building. No fish tanks over 5 gallons and no water beds allowed on the Premises. Candles are not permitted. No kerosene, electric or any other heating devices are permitted. Fireworks, fire arms and fire pits are prohibited from being on the premises.
Insurance/Loss or Damage. Homeowner will ensure that its homeowner’s insurance covers the replacement value of the PV System. Upon request, Homeowner will provide the Compact with evidence of its compliance with this provision. During the Term of this Agreement, in the event of damage, destruction or loss of the PV System not due to the negligence of Homeowner, this Agreement will terminate and the Compact will be entitled to receive a Termination Payment from Homeowner out of the Homeowner’s insurance proceeds. The Compact’s right to a Termination Payment under this Section 5 (E) will survive termination of the Agreement. If Homeowner is rendered unable by an event of Force Majeure to carry out, in whole or in part, its obligations under this Agreement and Homeowner gives notice and full details of the event to the Compact as soon as practicable after the occurrence of the event, then during the pendency of such Force Majeure but for no longer period, the obligations of the Homeowner shall be suspended to the extent required. Force Majeure means unanticipated causes or events beyond the reasonable control of and without the fault or negligence of the Homeowner and may include, without limitation, acts of God; unusually severe actions of the elements such as droughts, storms, floods, hurricanes, tornadoes, lightning, earthquakes or landslides; epidemic; sabotage; terrorism; war; blockages; embargoes; riots or public disorders; fire; explosion; theft; strikes or other labor disputes; curtailment of energy transmission and actions or failures to act of any governmental authority (including expropriation, requisition, injunction, change of law or change in any governmental approval imposed by any governmental authority) preventing, delaying, or otherwise adversely affecting performance of a party. Force Majeure shall not mean general inclement weather affecting operation of the PV System, any nonpayment under this Agreement or a third party agreement or economic hardship of the Homeowner. In the event that the Homeowner claims a Force Majeure event for a consecutive period of six (6) calendar months or longer, the Compact may terminate this Agreement, in whole or in part, without any liability to the Homeowner or the Compact; provided, however, that in the event this Agreement is terminated due to damage, destruction or loss of the PV System not due to the negligence of the Homeowner, the Compact shall be entitled to the Termination Payment in accordance with Section 5 (E) of this Agr...
Insurance/Loss or Damage. Landlord and Tenant shall each be responsible to maintain insurance for their interest in the Premises and property located on the Premises. The Landlord’s insurance covers building and liability issues only and does not cover the personal belongings of the Tenant. Renter’s insurance is the sole responsibility of the Tenant and is strongly recommended.Gas grills are not allowed at 00 Xxxxxx Xxxxxx, Xxxxxxxxxx property. Grills must be a safe distance away from the building. No fish tanks over 5 gallons and no water beds allowed on the Premises. Candles are not permitted. Tenant may not use kerosene, electric or any other heating devices on the premises. Fireworks, fire arms, fire pits are prohibited from being on the premises. Tenants are not allowed to place or mount air conditioning units in the windows. Air conditioning duct / tubes from a standing unit are allowed.
Insurance/Loss or Damage. Landlord and Tenant shall each be responsible to maintain insurance for their interest in the Premises and property located on the Premises. The Landlord’s insurance covers building and liability issues only and does not cover the personal belongings of the Tenant. Renter’s insurance is the sole responsibility of the Tenant and is required. Tenants must provide proof of renters insurance by the lease start date. Grills must be kept 10 feet away from the building at all times, which in some cases may not be allowed on the deck or patio. No fish tanks over 5 gallons and no water beds allowed on the Premises. Candles are not permitted to be used. No kerosene, electric or any other heating devices are permitted. Fireworks, fire arms and fire pits are prohibited from being on the premises. Basements may get water during rain storms – tenants are advised to put items up off the floor that could get damaged if access is permitted to the basement.
Insurance/Loss or Damage. Effective upon shipment of Product to Lessee and until Product is received by Lessor, Lessee shall provide at its expense (i) insurance against the loss or theft or damage to the Product for the full replacement value, and (ii) insurance against public liability and property damage. Lessee shall provide a certificate of insurance that such coverage is in effect, upon request by Lessor, naming Lessor as loss payee and/or additional. insured as may be required. Lessee shall bear the entire risk of loss, theft, destruction of or damage to any item of Product. No loss or damage shall relieve Lessee of the obligation to pay Rent or any other obligation under the Schedule. In the event of loss or damage, Lessee shall promptly notify Lessor and shall, at Lessor’s option, (i) place the Product in good condition and repair, or (ii) replace the Product with lien free Product of the same model, type and configuration in which case the relevant Schedule shall continue in full force and effect and clear title in such Product shall automatically vest in Lessor, or (iii) pay Lessor the present value of remaining Rent plus the purchase option price provided for in the applicable Schedule.
Insurance/Loss or Damage. X. XXXX shall be responsible for all loss of, or damage to, the consigned Works of Art while in its possession; specifically from the date of delivery to PACE until the date of delivery to a Purchaser, repossession by Artist, or return delivery to Artist.
Insurance/Loss or Damage. Lessee agrees that the aircraft identified above shall carry insurance, at a minimum, the amounts and coverage as required by Virginia Code § 5.1-88.1 through 88.4, as amended from time to time. Lessee hereby assumes and shall bear the entire risk of loss or destruction or damage to aircraft (including its contents, gear and equipment), vehicles and any other of Lessee’s property, from any and every cause whatsoever, (including but not limited to fire, theft, vandalism, water damage and any negligent acts or omissions by Lessor).
Insurance/Loss or Damage. Lessee agrees that the aircraft identified above shall carry insurance, and to provide proof of insurance to the Airport Authority. Insurance for aircraft registered in Virginia shall be in accordance with Code of Virginia, Chapter 8.1, Title 5.1-88.1 through 6, and the minimum coverage shall be as follows:
