Loss; Damage. Lessee assumes the risk of all loss and damage to the Equipment from all causes. Upon the occurrence of the total loss of any or all of the Equipment, to such an extent as to make the repair thereof uneconomical (in Lessor’s sole opinion), Lessor shall declare the relevant Equipment a “Total Loss”. In the event of a Total Loss of the Modular Equipment, Lessee shall pay Lessor on the next date for the payment of rent: the rent then due; plus the value of the Modular Equipment (the “Equipment Value”) as stipulated in the Lease Agreement; plus the value of all destroyed Ancillary Products; less all insurance proceeds actually paid and/or assigned to Lessor from insurance maintained by Lessee; plus all applicable Taxes and Fees and/or transfer taxes (together the “Total Loss Amount”). Upon Lessor’s receipt of the Total Loss Amount, Lessee’s lease obligation will terminate and Lessor will transfer available ownership documents to the Modular Equipment to Lessee, unless Lessor agrees in writing to dispose of the Modular Equipment and any destroyed Ancillary Products at Lessee’s sole cost and expense. In the event of loss or damage to any or all of the Equipment that does not constitute a Total Loss, Lessee, at its sole cost and expense, shall pay or reimburse Lessor, to the extent Lessor has not been paid or reimbursed from insurance maintained by Lessee, for the repair of such damage as directed by Lessor to the condition required by this Lease Agreement. Any loss or damage to any or all of the Equipment shall not reduce or otherwise xxxxx Lessee’s obligation to pay all rental payments when due.
Loss; Damage. In the event there is any loss of damage to the Assets, or any of the improvements, systems, equipment, inventory or other assets included in this sale at any time prior to the Closing of this sale, the risk of loss shall be upon Seller. Immediately from and after the Close of this sale, all risk of loss or damage shall be upon Buyer.
Loss; Damage a) The Couple will be responsible for any loss or damages made to the venue, furniture, table decoration and other equipment by their Wedding Guests. In case of any damage resulting from the actions and/or inactions of the Couple or the Wedding Guests, the Couple will be charged accordingly by the Hotel management.
b) Any personal items found in the venue at the end of the event will be returned to lost property of the Hotel; however, no responsibility can be taken for any property which is not located by the Hotel.
Loss; Damage. Customer assumes and shall bear the entire risk of loss, theft of, or damage to the Equipment from any cause whatsoever, effective upon delivery to the Customer, except that Customer shall be relieved of all risks of loss or damage to the Equipment during periods of transportation and de-installation. No such loss, theft or damage shall relieve Customer of any obligation with respect to its lease of the Equipment. If any Equipment is lost or stolen, Customer, at the option of CFS, will (a) replace the same with like equipment in a condition acceptable to CFS and convey clear title to such equipment to CFS (and such equipment will become "Equipment" and be subject to the terms of this Agreement), or (b) pay CFS the Remaining Lease Balance. Upon CFS’ receipt of the Remaining Lease Balance, CFS shall transfer the applicable Equipment to Customer “AS-IS, WHERE-IS” without any representation or warranty whatsoever, except for title, and this Agreement shall terminate with respect to such Equipment.
Loss; Damage. User bears all responsibility for loss of or damage to any Equipment on the Premises regardless of cause. User will be responsible for adequately insuring its Equipment against loss or damage, with the adequacy determined in User’s sole discretion. User assumes all risks of dangerous conditions, if any, associated with the Access.
Loss; Damage. In the event there is any loss or damage to the Premises or the Assets at any time prior to Closing, the risk of loss shall be upon the Seller. From Closing and thereafter, all risk of loss or damage shall be upon Buyer.
Loss; Damage. The Hirer may be liable for the cost of replacement of equipment lost, stolen or badly damaged while in their possession, at USASA’s discretion. The Hirer agrees to advise USASA immediately of the loss, theft or damage. Refer to ‘USASA Clubs Equipment Hire List’ for item listings and recommended retail pricings.
Loss; Damage. If any item of Equipment is lost, damaged and/or destroyed during the Rental Term and/or any such period in which Customer is otherwise in possession and/or custody of the Equipment, regardless of the cause, Customer shall immediately pay to A-Frame, upon A-Frame’s request thereof, the actual retail replacement cost without deduction for depreciation of such item, provided that if any item is returned in a condition that A-Frame in its sole and absolute discretion deems is repairable, Customer shall pay to A-Frame the actual or estimated cost of such repair as determined by A-Frame. Customer shall also be responsible for the loss of the Equipment by A-Frame during the time it is being repaired or replaced, as applicable. Loss of use shall be calculated with reference to the actual rental price of the applicable Equipment, without reference to whether or not such Equipment would actually have been rented.
Loss; Damage. Consignee shall be liable for any loss or damage occurring to the Product if it is damaged before sale. Consignee must maintain insurance in an amount equal to or greater than the replacement cost of the Product.
Loss; Damage. Consignor shall be liable for any loss or damage occurring to the Product if it is damaged/lost before sale, regardless of whether it is in the control of Consignee. We will do our absolute best to ensure your items do not get stolen or damaged. Unfortunately, there is no way to prevent 100% of theft and damage and therefore we cannot accept liability for items that have been lost.
