Loss Damage Waiver definition

Loss Damage Waiver means a merchant ’s agreement
Loss Damage Waiver means a merchant's agreement to not hold a consumer liable for loss from all or part of any damage to merchandise.
Loss Damage Waiver means the loss damage waiver described on the Rental Document as LDW which reduces Your financial responsibility for loss or damage to the Vehicle to the Excess Amount;

Examples of Loss Damage Waiver in a sentence

  • The full cost of the rental must be charged to the card and the rental agency’s Collision Damage Waiver (CDW) or Loss Damage Waiver (LDW) must be declined.

  • This Certificate replaces any and all certificates previously issued to the Cardmember with respect to the Policy.This Certificate of insurance outlines what Car Rental Theft and Damage Insurance is and what is covered along with the conditions under which a payment will be made when a Cardmember rents and operates a RentalAuto but does not accept the Collision Damage Waiver (CDW), Loss Damage Waiver (LDW), or their equivalent offered by a Rental Agency.

  • For cover to apply on this Policy, You must also have taken out separate Collision Damage Waiver (CDW) or Loss Damage Waiver (LDW) insurance to cover Your Rental Vehicle.

  • Travelers using rental cars should include Supplemental Liability Insurance (SLI) and Loss Damage Waiver (LDW) when renting.

  • You are responsible for the acts and omissions of an Authorised Driver or any other person You allow to drive the Vehicle and neither You nor any unauthorised driver will have the benefit of the Loss Damage Waiver option or Excess Reduction option (if accepted or included in Your rate) if You allow an unauthorised driver to drive the Vehicle.


More Definitions of Loss Damage Waiver

Loss Damage Waiver means damage to any glass that forms part of the Hired Vehicle, Tyres and Wheel Rims.
Loss Damage Waiver means the loss damage waiver described on the Rental Agreement as LDW which reduces Your financial responsibility for loss damage to the Vehicle to the Excess Amount;
Loss Damage Waiver means the loss damage waiver described on the Rental Document as LDW which reduces Your financial responsibility for loss or damage to the Vehicle to the Excess Amount; ‘Manufacturer’s Specifications’ means the specifications of the manufacturer of the Vehicle as set out in the Vehicle’s operations manual located in the glove box of the Vehicle;
Loss Damage Waiver means a rental company's agreement to not hold a business liable for loss from all or part of any damage to merchandise.
Loss Damage Waiver means damage to Tyres, Wheel Rims and to any glass that forms part of the Hire Vehicle.
Loss Damage Waiver. (referred to as "LDW") is an agreement between Lessee and Lessor where under Lessor will not hold Lessee responsible for certain causes of damage to Equipment leased by Lessee under this Contract. A LDW IS NOT INSURANCE; however, it relieves Leesee of the obligation to purchase physical damage insurance as set forth in Paragraph 6 of the terms and conditions of this Contract. Xxxxxx understands that this LDW (a) has: a $1000.00 deductible which the Lessee must pay in the event of any damage, (b) covers only risks of direct physical loss, (c) is subject to exclusions, as set forth in the Lessor's LDW terms and conditions, which Lessee acknowledges receiving, (d) Lessee will be charged an LDW fee of 14% of the total rental due for the entire term of this Contract (e) The LDW is available at all Holland Pump and affiliate locations.
Loss Damage Waiver. Physical Damage Waiver", and the like. (Source: P.A. 90-113, eff. 7-14-97.)