Common use of LIMIT ON THE VALUE OF PERSONAL PROPERTY STORED Clause in Contracts

LIMIT ON THE VALUE OF PERSONAL PROPERTY STORED. Renter agrees not to store Personal Property in the Rented Space with a total value in excess of Five Thousand Dollars ($5,000.00) without the prior written permission of Owner. If such written permission is not obtained, the value of Personal Property shall be deemed never to exceed Five Thousand Dollars ($5,000.00).The Rented Space is not appropriate for storage of irreplaceable Personal Property such as books, writings, objects which have an unknown immediate resale market value or objects which have a special, sentimental, or emotional value to Renter. By this Rental Agreement, Owner is generally not liable for the loss of Renter’s Personal Property. In the event any competent court of law adjudicates Owner liable for any loss, for any reason, Renter agrees that Owner’s liability shall not exceed Five Thousand Dollars ($5,000.00). This provision shall not constitute an admission that Renter’s Personal Property has any value whatsoever. In no event will Owner or Owner’s agents be liable to Renter or Renter’s agents for an amount in excess of Five Thousand Dollars ($5,000.00) for any loss or damage whatsoever, including, but not limited to, the active or passive acts, the omissions or negligence of Owner or Owner’s agents. Renter will not xxx Owner or Owner’s agents with respect to any claim, cause or action, loss, or injury to the extent liability therefore has been limited or eliminated pursuant to this Provision.

LIMIT ON THE VALUE OF PERSONAL PROPERTY STORED. Renter Xxxxxx agrees not to store Personal Property in the Rented Space with a total value in excess of Five Thousand Dollars ($5,000.00) without the prior written permission of Owner. If such written permission is not obtained, the value of Personal Property shall be deemed never to exceed Five Thousand Dollars ($5,000.00).The Rented Space is not appropriate for storage of irreplaceable Personal Property such as books, writings, objects which have an unknown immediate resale market value or objects which have a special, sentimental, or emotional value to Renter. By this Rental Agreement, Owner is generally not liable for the loss of RenterXxxxxx’s Personal Property. In the event any competent court of law adjudicates Owner liable for any loss, for any reason, Renter Xxxxxx agrees that Owner’s liability shall not exceed Five Thousand Dollars ($5,000.00). This provision shall not constitute an admission that Renter’s Personal Property has any value whatsoever. In no event will Owner or Owner’s agents be liable to Renter or Renter’s agents for an amount in excess of Five Thousand Dollars ($5,000.00) for any loss or damage whatsoever, including, but not limited to, the active or passive acts, the omissions or negligence of Owner or Owner’s agents. Renter will not xxx sue Owner or Owner’s agents with respect to any claim, cause or action, loss, or injury to the extent liability therefore has been limited or eliminated pursuant to this Provision.