Loss and Destruction. Employees shall be held accountable for all protective clothing or protective devices assigned to the employee by the Employer. Loss or destruction of items of clothing or protective devices shall be replaced by the Employer where said loss was incurred as a direct result of the performance of the employee while on the job or as the result of an occurrence not due to the employee's intentional act or negligence. Accountable items of clothing or protective devices assigned to an employee which are lost or mutilated as a direct result of the employee's negligence shall be replaced by the employee.
Loss and Destruction. In the event of loss, destruction or damage to the Equipment, the Supplier must promptly on demand by the relevant Purchaser, and without prejudice to any other right or remedy of that Purchaser, either repair or pay for the cost incurred by the relevant Purchaser in replacing or repairing the Equipment.
Loss and Destruction. Polestar shall notify VCFSUK promptly of any loss or destruction (including constructive loss) of any Floorplan Vehicle. Within 7 Business Days following any such loss or destruction of any Floorplan Vehicle Polestar shall make a payment to VCFSUK by way of indemnity equal to the purchase price paid by VCFSUK for that Floorplan Vehicle but having regard to any Instalment already paid in the case of a Demonstrator Vehicle and any relevant Deposit (if any) and/or Instalment (if any) already paid by Polestar in respect of any Used Vehicle and which has not already been set-off (in whole or in part) by VCFSUK in respect of any other amount due from Polestar.
Loss and Destruction. If there is a destruction of the Building that exceeds sixty percent (60%) of the then replacement value of the Building from any risk, Landlord may elect to terminate this Lease whether or not the Premises are destroyed as long as Landlord terminated the leases of all tenants in the building.
Loss and Destruction. Any material loss, destruction or any other event of similar nature with respect to all or substantially all of the plant, property and equipment of the Borrower occurs (unless the Borrower has obtained sufficient insurance indemnity and such loss, destruction or event may not materially affect the Borrower’s performance of its obligations under this Agreement, and reasonable action is taken to so remedy within 60 days) or any insurer declares all or substantially all of the plant, property and equipment of the Borrower a total loss or constructive total loss.
Loss and Destruction. Upon receipt of evidence satisfactory to the Company of the loss, theft, destruction or mutilation of this Warrant Certificate and, in the case of any such loss, theft or destruction, upon delivery of an indemnity agreement or bond satisfactory in form, substance and amount to the Company or, in the case of any such mutilation, upon surrender and cancellation of this Warrant Certificate, the Company at its expense will execute and deliver, in lieu thereof, a new Warrant Certificate of like tenor.
Loss and Destruction. Customer accepts all responsibility for damage to or theft of the Container that occurs from the time a Container is delivered to Customer until it is picked-up, regardless of Customer’s fault or negligence, the fault or negligence of any other person or acts of God (e.g., fire, rain, wind, etc.). Customer shall notify Zippy Shell in writing of any loss of, destruction of, or damage to a Container within 5 hours of such event. Customer’s obligation to pay the Monthly Rental Fee on the lost or completely destroyed container (as determined by Zippy Shell in its sole discretion) shall cease as of the date of the notice of loss or destruction. Zippy Shell may deem a damaged Container as destroyed if, in its sole discretion, it determines that the repair cost exceeds the replacement value of the Container. Customer shall be liable for a $2,500 replacement costof a Container that is lost or destroyed or, if the Container is damaged or not returned in Return Condition, the cost of repairing the damage and restoring the Container to Return Condition unless the loss, destruction, or damage arises from delivery or pick-up of the Container by a Franchisee provided such loss, destruction, or damage was not caused by an inherent vice of the Container’s contents or Customer’s acts or omissions. Customer hereby acknowledges and agrees Zippy Shell does not represent or guarantee the safety or security of a Container or of the contents stored therein and this Agreement does not create any contractual duty for Zippy Shell to create or maintain such safety or security.
