Common use of Theft or Loss of Product Clause in Contracts

Theft or Loss of Product. (a) The Subscriber shall notwithstanding the loss, damage or other destruction of the Network Equipment, continue to pay MTC or any charges raised or levied by MTC. (b) The Subscriber undertakes to notify MTC forthwith upon becoming aware of such damage or destruction and in this regard MTC shall not be liable to the Subscriber for loss incurred prior to the receipt of such written notification notwithstanding any loss, liability, damages or expenses howsoever incurred or suffered by the Subscriber pursuant thereto including, but not limited to, the fraudulent or other misuse of the products by any third party.

Theft or Loss of Product. (a) The Subscriber shall notwithstanding the loss, damage or other destruction of the Network Equipment, continue to pay MTC or any charges raised or levied by MTC. (b) The Subscriber undertakes to notify MTC forthwith upon becoming aware of such damage or destruction and in this regard MTC shall not be liable to the Subscriber for loss incurred prior to the receipt of such written notification notwithstanding any loss, liability, damages or expenses howsoever incurred or suffered by the Subscriber pursuant thereto including, but not limited to, the fraudulent or other misuse of the products by any third party.. Subscriber’s Signature 10

Theft or Loss of Product. (a) a. The Subscriber shall notwithstanding the loss, damage or other destruction of the Network Equipment, continue to pay MTC or any charges raised or levied by MTC. (b) b. The Subscriber undertakes to notify MTC forthwith upon becoming aware of such damage or destruction and in this regard MTC shall not be liable to the Subscriber for loss incurred prior to the receipt of such written notification notwithstanding any loss, liability, damages or expenses howsoever incurred or suffered by the Subscriber pursuant thereto including, but not limited to, the fraudulent or other misuse of the products by any third party.