Common use of RISK OF LOSS OR DAMAGE TO EQUIPMENT Clause in Contracts

RISK OF LOSS OR DAMAGE TO EQUIPMENT. While in transit, Vendor shall assume and bear the entire risk of loss and damage to the equipment from any cause whatsoever. If, during the period the equipment is in Customer’s possession, due to gross negligence of the customer, the equipment is lost or damaged, then, the customer shall bear the cost of replacing or repairing said equipment.

Appears in 12 contracts

Samples: Rental Agreement, Rental Agreement, Rental Agreement

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RISK OF LOSS OR DAMAGE TO EQUIPMENT. While in transit, Vendor shall assume and bear the entire risk of loss and damage to the equipment from any cause whatsoever. If, during the period the equipment is in Customer’s possession, due to gross negligence of the customer, the equipment is lost or damaged, then, the customer shall bear the cost of replacing or repairing said equipment. Otherwise, the vendor is responsible for replacing or repairing the equipment during the term of this agreement.

Appears in 3 contracts

Samples: Cost Per Image Agreement for Copying and Printing Services, Cost Per Image Agreement for Copying and Printing Services, Cost Per Image Agreement for Copying and Printing Services

RISK OF LOSS OR DAMAGE TO EQUIPMENT. While in transit, Vendor shall assume and bear the entire risk of loss and damage to the equipment from any cause whatsoever. If, during the period the equipment is in Customer’s possession, due to gross negligence of the customer, the equipment is lost or damaged, then, the customer shall bear the cost of replacing or repairing said equipment.,

Appears in 1 contract

Samples: Cost Per Image Agreement for Copying and Printing Services

RISK OF LOSS OR DAMAGE TO EQUIPMENT. While in transit, Vendor shall assume and bear the entire risk of loss and damage to the equipment from any cause whatsoever. If, during the period the equipment is in Customer’s =s possession, due to gross negligence of the customer, the equipment is lost or damaged, then, the customer shall bear the cost of replacing or repairing said equipment.

Appears in 1 contract

Samples: Rental Agreement

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RISK OF LOSS OR DAMAGE TO EQUIPMENT. While in transit, Vendor shall assume and bear the entire risk of loss and damage to the equipment from any cause whatsoever. If, during the period the equipment is in Customerthe Client’s possession, due to gross negligence of the customerClient, the equipment is lost or damaged, then, the customer shall bear the cost of replacing or repairing said equipment.the

Appears in 1 contract

Samples: Cooperative Cost Per Image Agreement for Copying and Printing Services

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