Common use of Risk of Loss of Damage Clause in Contracts

Risk of Loss of Damage. Risk of Loss - Customer will bear responsibility for all malfunctions, failures, damage to or loss of equipment, except to manufacturing defects and normal wear and tear. In the event of any such damage or loss, Customer will promptly give WME notice thereof and, Customer will elect one of the following options:

Risk of Loss of Damage. Risk of Loss - Customer will bear responsibility for all malfunctions, failures, damage to or loss of equipment, except to manufacturing defects and normal wear and tear. In the event of any such damage or loss, Customer will promptly give WME Merc Health notice thereof and, Customer will elect one of the following options: