Common use of Responsibility for Loss or Theft Clause in Contracts

Responsibility for Loss or Theft. ● In the event the Device is lost, the Student and Parent will be billed for full replacement cost. In the event the Device is stolen, a police report must be filed and the Student and Parent will be responsible for the $250 deductible. ● In either scenario, if the Device is promptly recovered in undamaged condition the payment may be refunded.

Appears in 2 contracts

Samples: Technology Acceptable Use Agreement, Technology Acceptable Use Agreement

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Responsibility for Loss or Theft. In the event the Device is lost, the Student and Parent will be billed for full replacement cost. In the event the Device is stolen, a police report must be filed and the Student and Parent will be responsible for the $250 deductible. In either scenario, if the Device is promptly recovered in undamaged condition the payment may be refunded.

Appears in 1 contract

Samples: Technology Acceptable Use Agreement

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Responsibility for Loss or Theft. In the event the Device device is lostlost or stolen, the Student and Parent Parent(s) will be billed for the full replacement cost. In the event the Device is stolen, a police report must be filed and the Student and Parent will be responsible for the $250 deductible. ● In either scenario, if the Device is promptly recovered in undamaged condition the payment may be refundedcost of replacement.

Appears in 1 contract

Samples: Technology Usage Agreement

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