Common use of THEFT / FIRE Clause in Contracts

THEFT / FIRE. In case of total/partial theft or total/partial fire of the vehicle the RENTER has to produce the original complaint to the LESSOR, the same complaint lodged to the competent authorities and also an autographed statement on the event, within and no later than 3 working days from such event. The CONTRACT will be closed on the date of the complaint of theft, if the LESSOR receives the original complaint with the car keys, within 3 working days. Otherwise the CONTRACT will remain open and daily costs will be charged to the RENTER, until the delivery of the original complaint. Failure to deliver the original complaint of theft within 15 working days from the event, the RENTER will have to pay a cost equal to the market value (Yellow Eurotax)of the vehicle at the time of theft. In case of theft, also determined by proven negligence of the RENTER, failure to deliver vehicle keys, the RENTER will have to pay a cost equal to the market value (Yellow Eurotax) of the vehicle at the time of theft.