Loss Damage Waiver definition

Loss Damage Waiver means a merchant ’s agreement

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;

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.

Examples of Loss Damage Waiver in a sentence

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

• The vehicle rental contract should include Supplemental Liability Insurance (SLI) and Loss Damage Waiver (LDW).

• This certificate replaces any and all certificates previously issued to the Cardholder with respect to the Policy.This certificate outlines what Auto Rental Collision/Loss Damage Insurance is and what is covered along with the conditions under which a payment will be made when You rent and operate a rental vehicle but do not accept the Collision Damage Waiver (CDW), Loss Damage Waiver (LDW in the U.S.), or their equivalent offered by a Rental Agency.

• Rates exclude LDW (Loss Damage Waiver), Personal Accident Insurance (PAI), and refuelling.

• The purchase of this Loss Damage Waiver is not mandatory and may be waived.

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 any glass that forms part of the Hire Vehicle, Tyres and Wheel Rims.

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.)