Losses or Damage Clause Samples

The 'Losses or Damage' clause defines the responsibilities and liabilities of parties in the event that property, goods, or interests are lost or damaged during the course of a contract. Typically, this clause outlines which party bears the risk for such losses, under what circumstances compensation or repair is required, and any limitations or exclusions to liability. For example, it may specify that the seller is responsible for goods until delivery, after which the buyer assumes the risk. The core function of this clause is to allocate risk and provide clarity on financial responsibility, thereby reducing disputes and uncertainty if loss or damage occurs.
Losses or Damage. 45 If ADOT office space in the collocated office, related facilities, or fixtures is destroyed, damaged, 46 or stolen then, except as provided below, Developer shall, at its cost and within 10 Business 1 Days after the occurrence of such Loss, repair the items to their original condition or replace
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Losses or Damage. 33 If ADOT field office space, related facilities, or fixtures are destroyed, damaged, or stolen then, 34 except as provided below, Developer shall, at its cost and within 10 Business Days after the 35 occurrence of such Loss, repair those items to their original condition or replace them. However, 36 in the case of lost, damaged, or stolen office equipment (e.g., computers, facsimile machines, 37 copy machines, and printers), replacement must occur within 2 Business Days. Notwithstanding 38 the foregoing, however, if the Loss occurs as a direct result of the willful misconduct of ADOT or 39 its personnel or consultants and such Loss is not covered by insurance actually carried, or 40 deemed to be carried pursuant to Section 11.2.4 of the Agreement, by Developer, then 41 Developer shall repair or replace the affected items within the timeframes specified herein, and 42 ADOT will reimburse Developer for the actual reasonable documented costs incurred to repair 43 or replace, including the amount of any deductible.
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Losses or Damage. 18 If ADOT field office space(s), related facilities, or fixtures are destroyed, damaged, or stolen 19 then, except as provided below, Developer shall, at its cost and within 10 Business Days after 20 the occurrence of such Loss, repair those items to their original condition or replace them.
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Losses or Damage. 26 If ADOT office space, related facilities, or fixtures are destroyed, damaged, or stolen during the 27 Term, except when such damage or Losses are a direct result of willful misconduct of ADOT, its 28 personnel, or consultants, Developer must, at its cost and within 10 Business Days after the 29 occurrence of such destruction or damage, repair those items to their original condition or 30 replace them. However, in the case of lost, damaged, or stolen office equipment (e.g., 31 computers, facsimile machines, copy machines, and printers) required for normal office 32 operations, replacement must occur within 2 Business Days. If Losses or damage occurs as a 33 direct result of the willful misconduct of ADOT or its personnel or consultants, Developer shall 34 replace the affected facilities within the timeframes specified herein, and ADOT will reimburse 35 Developer for actual, reasonable, and documented costs incurred.
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Losses or Damage. 20 If ADOT field office space, related facilities, or fixtures are destroyed, damaged, or stolen then, 21 except as provided below, Developer shall, at its cost and within 10 Business Days after the 22 occurrence of such Loss, repair those items to their original condition or replace them. However, 23 in the case of lost, damaged, or stolen office equipment (e.g., computers, facsimile machines, 24 copy machines, and printers), replacement must occur within 2 Business Days. Notwithstanding 25 the foregoing, however, if the Loss occurs as a direct result of the willful misconduct of ADOT or 26 its personnel or consultants and such Loss is not covered by insurance actually carried, or 27 required under or pursuant to the Contract Documents to be carried, by Developer, then 28 Developer shall repair or replace the affected items within the timeframes specified herein, and 29 ADOT will reimburse Developer for the actual reasonable documented costs incurred to repair 30 or replace, including the amount of any deductible, except as provided otherwise in Section 31 11.2.4 of the Agreement. 32 110.05.4 Computer and Equipment Requirements‌ 33 Developer shall provide network administration, operational support, and day-to-day 34 management of the collocated office and field office networks and data systems. Developer 35 shall provide a Project server that includes daily reliable backups of Project data.
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Losses or Damage. Exhibitor agrees that IEEE GHTC 2017 shall not be liable for any damage or liability of any kind or for any loss, damage or injury to persons or property during the term of this agreement, from any cause whatsoever by reason of use, occupation and enjoyment of exhibit space by exhibitor or any person thereon with the consent of exhibitor, and that exhibitor will defend, indemnify and save harmless, IEEE GHTC 2017 from all liability whatsoever, on account of any such damage, or injury, whether or not caused by negligence of or breach of an obligation by exhibitor or its employees or representatives. Exhibitor will be liable for all damages, or liability of any kind or for any loss, damage or injury to persons or any property during the show from any cause whatsoever by reason of use, occupation and enjoyment of exhibit space.
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Losses or Damage. 16 If ADOT office space in the collocated office, related facilities, or fixtures areis destroyed, 17 damaged, or stolen during the Termthen, except when such damage or Losses are a direct 18 result of willful misconduct of ADOT, its personnel, or consultantsas provided below, Developer 19 mustshall, at its cost and within 10 Business Days after the occurrence of such destruction or 20 damageLoss, repair thosethe items to their original condition or replace them. However, in the 21 case of lost, damaged, or stolen office equipment (e.g., computers, facsimile machines, copy 22 machines, and printers) required for normal office operations,), replacement must occur within 2 23 Business Days. If Losses or damageNotwithstanding the foregoing, however, if the Loss occurs 24 as a direct result of the willful misconduct of ADOT or its personnel or consultants, and such 25 Loss is not covered by insurance actually carried, or required under or pursuant to the Contract 26 Documents to be carried, by Developer, then Developer shall repair or replace the affected 27 facilitiesitems within the timeframes specified herein, and ADOT will reimburse Developer for 28 the actual, reasonable, and documented costs incurred to repair or replace, including the 29 amount of any deductible, except as provided otherwise in Section 11.2.4 of the Agreement.
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Losses or Damage. 10 If ADOT field office space(s), related facilities, or fixtures are destroyed, damaged, or stolen
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Related to Losses or Damage

  • Loss or Damage The District and its agents and authorized representatives shall not in any way or manner be answerable or suffer loss, damage, expense, or liability for any loss or damage that may happen to the Work, or any part thereof, or in or about the same during its construction and before acceptance, and the Contractor shall assume all liabilities of every kind or nature arising from the Work, either by accident, negligence, theft, vandalism, or any cause whatsoever; and shall hold the District and its agents and authorized representatives harmless from all liability of every kind and nature arising from accident, negligence, or any cause whatsoever.

  • Risk of Loss or Damage The Purchasing Entity is relieved of all risks of loss or damage to the goods or equipment during periods of transportation, and installation by the Contractor and in the possession of the Contractor or their authorized agent.

  • Destruction or Damage (a) If the Premises or the Building is partially damaged by fire, earthquake, other insured peril, or other act of God, Landlord shall repair the same at Landlord’s expense, subject to the provisions of this Article and provided such repairs can, in Landlord’s reasonable opinion, be made within sixty (60) days. During such repairs, this Lease shall remain in full force and effect, except that if there shall be damage to the Premises or the Building and such damage is not the result of the negligence or willful misconduct of Tenant, Tenant’s employees, agents, or invitees, Rent shall be abated for such portion of Premises and period of time as the Premises was unusable by Tenant, provided that such abated rent is a covered loss payable to Landlord under its insurance policy. (b) If in Landlord’s reasonable opinion the partially damaged Premises or the Building can be repaired, but not within sixty (60) days, the Landlord may elect, upon written notice to Tenant within thirty (30) days of such damages, to repair such damages over a longer time period and continue this Lease in full force and effect, subject to rent abatement as described in the foregoing paragraph. Landlord’s notice shall include a good faith estimate of the expected completion date of such repair based on the best information reasonably available to Landlord prior to sending the notice. In the event such repairs cannot be made within an additional sixty (60) days, Tenant shall have the option to terminate this Lease provided that written notice is given to Landlord within thirty (30) days of receipt of Landlord’s notice stated in this paragraph. (c) If the partially damaged Premises or the Building is to be repaired under this Article, Landlord at its sole cost and expense shall repair such damages to the Building, the Premises and the Tenant Improvements supplied by Landlord herein. Except in the event of Landlord’s gross negligence or willful misconduct or the extent that Landlord receives insurance proceeds therefor, Tenant shall be responsible for repairing and/or replacing any damage to Tenant’s equipment, furniture and fixtures, and other Alterations, additions and improvements made by Tenant to the Premises and the Building. (d) If in Landlord’s reasonable opinion, the Premises or the Building is totally or substantially destroyed (i.e. cannot be repaired within sixty (60) days and Landlord does not elect to repair anyway or Tenant elects to terminate as provided above) by fire or other casualty, this Lease shall terminate upon notice by Landlord.

  • No Damage Any loss, damage or destruction, whether covered by insurance or not, affecting Company's business or properties;

  • Partial Damage - Uninsured Loss If a Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense), Lessor may either: (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) terminate this Lease by giving written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage. Such termination shall be effective sixty (60) days following the date of such notice. In the event Lessor elects to terminate this Lease, Lessee shall have the right within ten (10) days after receipt of the termination notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage without reimbursement from Lessor. Lessee shall provide Lessor with said funds or satisfactory assurance thereof within thirty (30) days after making such commitment. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not make the required commitment, this Lease shall terminate as of the date specified in the termination notice.