Loss Valuation Sample Clauses

Loss Valuation. Unless otherwise agreed in writing, Renter shall be responsible to Studio for the replacement cost value or repair costs of Studio property, including rented goods, equipment, sets, materials or props (if such property or rented goods can be restored, by repair, to its pre-loss condition) whichever is less. Loss of use shall be determined by the actual loss sustained by Studio. Accrued rental charges shall not be applied against the purchase price or cost of repair of the lost, stolen or damaged equipment. If there is a reason to believe a theft has occurred, Renter shall file a police report.
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Loss Valuation. Unless otherwise agreed per a separate writing signed by Us, and not arising from or due to Our comparative negligence or willful misconduct, or that of Our agents, contractors or Representatives, a breach of these T&Cs by Us (except Your breach of these T&C which serves as a legal excuse, estoppel, or waiver to Our further or any performance or obligations herein), or a Pre-Existing Condition in any of the Props, You are responsible to Us for the full replacement cost value (actual cash value for vehicles) or repair costs of the Props (if the Props can be restored, by repair, then to its pre-loss condition), whichever is less, occasioned by and if such repair or replacement is due to, in whole or in part, Your negligence or willful misconduct. If there were a reasonable belief atheft has occurred, You shall promptly file a police report. Loss of Use shall be calculated at the rental rate provided for in the Invoice and this T&C. Accrued rental charges shall not be applied against the purchase price or costs of repair of the lost, stolen or damaged Props. NEITHER PARTY SHALL IN ANY EVENT BE LIABLE FOR ANY CONSEQUENTIAL, SPECIAL OR INCIDENTAL DAMAGES, subject, however to Our provisions per Sections 2, 3, 4 and 5 hereof as those terms and provisions are understood to control and supersede.
Loss Valuation. Unless otherwise agreed in writing, and not arising from or due to the comparative negligence or willful misconduct of Us, or of Our agents, contractors or Representatives, a breach of these T&Cs by Us, or a defect in any of the Props, You are responsible to Us for the full replacement cost value (actual cash value for vehicles) or repair costs of the Props (if the Props can be restored, by repair, then to its pre-loss condition), whichever is less, occasion by and if such repair or replacement is due to Your negligence or willful misconduct. If there is a reason to believe a theft has occurred, You shall file a police report. Loss of Use shall be calculated at the rental rate provided for in this T&C. Accrued rental charges shall not be applied against the purchase price or costs of repair of the lost, stolen or damaged Props. WE WILL IN NO EVENT BE LIABLE FOR ANY CONSEQUENTIAL, SPECIAL OR INCIDENTAL DAMAGES. See Section 2(b) for further provisions.
Loss Valuation. Unless otherwise agreed in writing by the Parties, JMF’s liability shall not exceed:

Related to Loss Valuation

  • Trauma Insurance All employees will be covered by an Incolink administered lump sum insurance policy providing financial compensation in the event of a major work related (ie. WorkCover) accident resulting in death or permanent total disablement. The full and precise conditions of this cover will be in accordance with the terms of the policy, but in general will provide that, in the event of a workplace accident occurring which results in either the death or total permanent disablement of a worker covered by this Agreement, a lump sum payment as specified below will made. The defined payments are: With dependants $250,000 Without dependants $150,000 This benefit has been agreed to by the company on the grounds that premium costs have been set at $7 per week/worker and will not exceed that amount. In the event of insurance costs rising, it is agreed that the table of defined benefits will be reduced so as to maintain the $7 premium figure. To maintain this cover the company agrees to pay the amounts every week for each employee.

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