Common use of THEFT OF EQUIPMENT Clause in Contracts

THEFT OF EQUIPMENT. The Lessee agrees to pay for equipment (at its replacement cost when rented) for all types of theft or mysterious disappearance. Xxxxxx Xxxxxx does not cover theft.

THEFT OF EQUIPMENT. The Lessee agrees to pay for equipment ([at its replacement cost when rented) ] for all types of theft or mysterious disappearance. Xxxxxx Xxxxxx does not cover theft.