Common use of Loss or Damage; Insurance Clause in Contracts

Loss or Damage; Insurance. GMP (Xxxxxxx Museum of Photography) is responsible for damage after the artwork arrives to our facility and undergoes an inspection. The insurance policy of GMP is subject to the usual exclusions for loss or damage due to such causes as gradual deterioration, inherent instability, nuclear war/radiation, etc. GMP is NOT responsible for images mounted to metal or any substrate without glass/plexi protection.

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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Loss or Damage; Insurance. GMP (Xxxxxxx Xxxxxx Museum of Photography) is responsible for damage after the artwork arrives to at our facility and undergoes an inspection. The insurance policy of GMP is subject to the usual exclusions for loss or damage due to such causes as gradual deterioration, inherent instability, nuclear war/radiation, etc. GMP is NOT responsible for images mounted to metal or any substrate without glass/plexi protection.

Appears in 1 contract

Samples: Loan Agreement

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