Common use of Standard Liability Clause in Contracts

Standard Liability. A Security Deposit of $1,000 (the 'Security Deposit') will be collected at the time of entering into the Rental Contract. The Security Deposit will be debited to the credit card account immediately. The credit card holder must be present and able to sign for the Security Deposit upon pick-up of the Vehicle. The credit card holder is jointly and severally liable for any damage to the rental Vehicle. The Security Deposit is fully refundable when the Vehicle is returned to the correct location on time, is full of fuel and all other terms of the Rental Contract have been complied with. If there is damage to the Vehicle on its return, the Security Deposit will be used to cover the cost of such damage up to the amount of the relevant liability provided. However, if the terms of the Rental Contract are breached and the Security Deposit is insufficient to cover the damage, then any other extra cost will be charged to You and You will be full responsible for such costs.

Standard Liability. A Security Deposit of $1,000 (the 'Security Deposit') will be collected at the time of entering into the Rental Contract. The Security Deposit will be debited to the credit card account immediately. The credit card holder must holdermust be present and able to sign for the Security Deposit upon pick-pick- up of the Vehicle. The credit card holder is jointly and severally liable for any damage to the rental Vehicle. The Security Deposit is fully refundable when the Vehicle is returned to the correct location on time, is full of fuel and all other terms of the Rental Contract have been complied with. If there is damage to the Vehicle on its return, the Security Deposit will be used to cover the cost of such damage up to the amount of the relevant liability provided. However, if the terms of the Rental Contract are breached and the Security Deposit is insufficient to cover the damage, then any other extra cost will be charged to You and You will be full responsible for such costs.