Risk of Loss and Damage. Lessee is liable to Lessor for all damage to or loss or destruction of the equipment subsequent to its delivery to Lessee and prior to its return to Lessor except that caused by normal wear and deterioration. Normal wear and deterioration shall not include damage caused by forklifts or other handling equipment.
Appears in 3 contracts
Samples: Second Management Agreement (CAI International, Inc.), Second Management Agreement (CAI International, Inc.), Management Agreement (CAI International, Inc.)
Risk of Loss and Damage. Lessee is liable to Lessor for all damage to or loss or destruction of the equipment subsequent to its delivery to Lessee and prior to its return to by Lessor except that caused by normal wear and deterioration. Normal wear and deterioration shall not include damage caused by forklifts or other handling equipment.
Appears in 2 contracts
Samples: Term Lease Agreement (C H Robinson Worldwide Inc), Term Lease Agreement (C H Robinson Worldwide Inc)
