Theft Coverage Sample Clauses

Theft Coverage. Within 30 days of a FM Tool being stolen, Customer shall provide a police report to Hilti, stating the Tool type and serial number. • Upon receipt of the police report by Hilti, Customer only has to pay a deductible of 20% of the Outstanding Future Payments defined in clause 10.1. (“Theft Coverage”). The Tool Contract for the stolen FM Tool is automatically terminated upon Hilti’s receipt of a duly completed police report and no further Monthly Fleet Fees are due to be paid by Customer. • Hilti may exclude some FM Tools from Theft Coverage, a detailed list of which is available on xxx.xxxxx.xx.xx. This list of excluded items may be adjusted by Hilti from time to time. For newly added FM Tools, the list of excluded items published at the time the respective Tool Contract is concluded, is applicable. • The Theft Coverage does not cover (i) cases of negligence or willful misconduct and/or (ii) loss of FM Tools, in both cases Customer shall have to pay the Total Outstanding Future Payments as defined in clause 10.1.
Sample 1Sample 2Sample 3See All (6)
AutoNDA by SimpleDocs
Theft Coverage. 12.1. If theft or loss occurs and the Member has Theft Coverage for their relevant Subscription, the Charges otherwise applicable under Articles 11.1 and 11.3 for theft or loss are either reduced or eliminated to the extent specifically outlined in Appendix IV.
Sample 1Sample 2
Theft Coverage. A. What is Covered? If your device is stolen, during the term of the Agreement and subject to these terms and conditions, then we will provide a replacement device of equivalent specification to the original device you were provided (as determined by our agent at their sole and reasonable discretion). This Agreement provides for theft coverage. However, we will have no obligation to replace the device unless and until you contact us within 48 hours of the theft.
Sample 1
Theft Coverage. Compensation of the damage caused by theft or attempted theft. - Compensation in the event of theft of the motor vehicle • insurance for flights of certain elements of the motor vehicle (tires, mirrors, signs of the brand etc)
Sample 1
Theft Coverage. In case of theft of a FM Tool, Customer shall provide a Garda report to Hilti, stating the Tool type and serial number. • Upon receipt of the Garda report, Hilti will cover 100% of the Outstanding Future Payments as defined in clause 10.1 if the Customer replaces the stolen FM Tool with a like for like FM Tool (“Theft Coverage”). Otherwise, upon receipt of the Garda report, Customer only has to pay a deductible of 20% of the Outstanding Future Payments defined in clause 10. • The Tool Contract for the stolen FM Tool is automatically terminated upon Hilti’s receipt of a duly completed police report and no further Monthly Fleet Fees are due to be paid by Customer. • Hilti may exclude some FM Tools from Theft Coverage, a detailed list of which is available on xxx.xxxxx.xx. This list of excluded items may be adjusted by Hilti from time to time. For newly added FM Tools, the list of excluded items published at the time the respective Tool Contract is concluded, is applicable. • Theft Coverage does not cover (i) cases of negligence or willful
Sample 1
Theft Coverage. In case of theft of a FM Tool, Customer shall provide a police report to Hilti, stating the FM Tool type and serial number. • Upon receipt of the police report by Hilti, Customer only has to pay a deductible of 20% of the Outstanding Future Payments FM Tools and PTP Tools shall be used for their intended purpose only, in strict compliance with the operating instructions and other instructions issued by Hilti. Where damage is caused by improper use, repair, or use other than the normal purpose, the Customer shall be liable for the loss, damage or repair costs. FM Tools and PTP Tools shall only be used with the corresponding tool inserts, parts, accessories and consumables of Hilti or with other products of equivalent quality. The Customer will not offer the FM Tools and PTP Tools for rental, in whole or in part or otherwise make them available to third parties for use, without the express prior written consent of Hilti.
Sample 1
Theft Coverage. 3.3.1 A theft coverage deductable is included in the monthly usage fee. The customer agrees to report any incidents of theft to the South African Police Services and forward a copy of the police report to Hilti. The police report must stipulate the tool type and serial number of the stolen tool. The onus is on the customer to supply the Police Services with such information.
Sample 1
AutoNDA by SimpleDocs

Related to Theft Coverage

  • Insurance Requirement; Coverages Borrower must keep the improvements now existing or subsequently erected on the Property insured against loss by fire, hazards included within the term “extended coverage,” and any other hazards including, but not limited to, earthquakes, winds, and floods, for which Lender requires insurance. Borrower must maintain the types of insurance Lender requires in the amounts (including deductible levels) and for the periods that Lender requires. What Lender requires pursuant to the preceding sentences can change during the term of the Loan, and may exceed any minimum coverage required by Applicable Law. Borrower may choose the insurance carrier providing the insurance, subject to Xxxxxx’s right to disapprove Borrower’s choice, which right will not be exercised unreasonably.

  • Workers’ Compensation and Employer’s Liability Coverage The insurer shall agree to waive all rights of subrogation against the City, its directors, officials, officers, employees, agents and volunteers for losses paid under the terms of the insurance policy which arise from work performed by the Consultant.

  • PROFESSIONAL LIABILITY INSURANCE (ERRORS & OMISSIONS) Professional Liability Insurance for Errors and Omissions coverage in the amount of not less than ($1,000,000). If CONTRACTOR sub-contracts in support of CONTRACTOR’S work provided for in the agreement, Professional Liability Insurance for Errors shall be provided by the sub-contractor in an amount not less than one million dollars ($1,000,000) in aggregate. The insurance coverage provided by the CONTRACTOR shall contain language providing coverage up to one (1) year following completion of the contract in order to provide insurance coverage for the hold harmless provisions herein if the policy is a claims-made policy.

  • Claims Made Coverage If any part of the Required Insurance is written on a claims made basis, any policy retroactive date shall precede the effective date of this Contract. Contractor understands and agrees it shall maintain such coverage for a period of not less than three (3) years following Contract expiration, termination or cancellation.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!