Common use of LIMITATION OF VALUE Clause in Contracts

LIMITATION OF VALUE. Tenant agrees that in no event shall the total value of all property stored be deemed to exceed $5,000.00 unless Owner has given permission in writing for Tenant to store property exceeding $5,000.00 in value and Tenant has provided proof of insurance to Owner to cover the value of the stored property. Tenant agrees that the maximum value for any claim or suit by Tenant, including but not limited to any suit that alleges wrongful or improper foreclosure or sale of the contents of a storage unit is $5,000.00. Nothing in this section shall be deemed to create any liability on the part of Owner to Tenant for any loss or damage to Tenant’s property, regardless of cause.

Appears in 2 contracts

Samples: Rental Agreement, Rental Agreement

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LIMITATION OF VALUE. Tenant agrees that in no event shall the total value of all property stored be deemed to exceed $5,000.00 unless Owner has given permission in writing for Tenant to store property exceeding $5,000.00 in value and Tenant has provided proof of insurance to Owner to cover the value of the stored property. Tenant agrees that the maximum value for any claim or suit by TenantXxxxxx, including but not limited to any suit that alleges wrongful or improper foreclosure or sale of the contents of a storage unit is $5,000.00. Nothing in this section shall be deemed to create any liability on the part of Owner to Tenant for any loss or damage to Tenant’s property, regardless of cause.

Appears in 1 contract

Samples: Rental Agreement

LIMITATION OF VALUE. Tenant agrees that in no event shall the total value of all property stored be deemed to exceed $5,000.00 unless Owner has given permission in writing for Tenant to store property exceeding $5,000.00 in value and Tenant has provided proof of insurance to Owner to cover the value of the stored property. Tenant agrees that the maximum value for any claim or suit by Tenant, including but not limited to any suit that alleges wrongful or improper foreclosure or sale of the contents of a storage unit is $5,000.00. Nothing in this section shall be deemed to create any liability on the part of Owner to Tenant for any loss or damage to Tenant’s 's property, regardless of cause.

Appears in 1 contract

Samples: Rental Agreement

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LIMITATION OF VALUE. Tenant agrees that in no event shall the total value of all property stored be deemed to exceed $5,000.00 unless Owner Operator has given permission in writing for Tenant to store property exceeding $5,000.00 in value and Tenant has provided proof of insurance to Owner Operator to cover the value of the stored property. Tenant agrees that the maximum value for any claim or suit by TenantXxxxxx, including but not limited to any suit that alleges wrongful or improper foreclosure or sale of the contents of a storage unit is $5,000.00. Nothing in this section shall be deemed to create any liability on the part of Owner the Operator to Tenant for any loss or damage to Tenant’s property, regardless of cause.

Appears in 1 contract

Samples: s3-us-west-2.amazonaws.com

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