Lost or Damaged Clause Samples

The "Lost or Damaged" clause defines the responsibilities and procedures when goods or property covered by the agreement are lost or damaged. Typically, this clause outlines who bears the risk, whether the party in possession must repair, replace, or compensate for the loss, and may specify notification requirements or insurance obligations. Its core function is to allocate risk and clarify liability, ensuring both parties understand their obligations and reducing disputes if loss or damage occurs.
Lost or Damaged a. Lost or damaged Chromebooks must be immediately reported to the technology department. Lost or irreparably damaged Chromebooks due to misuse will result in the Chromebook being replaced at the parents’ expense. The cost of total replacement is $300.00, replacement of the cord is $15, replacement of the case is $10. b. In the event of a lost or stolen Chromebook, the HCRC School may deploy location software to aid in attempting to recover the Chromebook.
Lost or Damaged. If a device is lost or damaged, the school must be notified immediately, and the student/student’s family may be responsible for replacement/repair costs, not to exceed $100. If damage is due to negligence, the student/student’s family will be held responsible. Examples of negligence include but are not limited to:
Lost or Damaged. The User shall hold harmless the ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ University for the replacement cost or repair cost of any BYOD regardless of the situation where the device is lost or damaged.
Lost or Damaged. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ University shall have the right, in its sole discretion, with respect to all ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ provided Mobile Devices to hold the Employee responsible for the replacement cost or repair cost of any Mobile Device assigned to and accepted by the Employee. Any repairs to the device must be performed by BW IT or a BW IT approved service vendor.
Lost or Damaged. CLIENT will be liable for loss or damage to items intended for transport, which are in CLIENT’S possession or under its dominion and control.
Lost or Damaged items---The City of Chattanooga is not responsible for any lost or damaged items or injury related to any rental or reservation on the City of Chattanooga premises. The applicant agrees to hereby expressly release and hold harmless, the City of Chattanooga from all claims for such loss, damages, or injury whatsoever as may be sustained or claimed by any person using the facilities during such rentals.
Lost or Damaged. BEYOND-REPAIR KEY PERFORMANCE INDICATORS