Compensation. The setting-off of debts and settlement of claims which arise from reciprocal sales, are effected legally, ipso jure, even if this is unknown to the debtors (C.C. 1290). The goods supplied by us (whether they be investment goods or otherwise and whether they be destined for resale or an outsourced order) will remain our exclusive property until all the corresponding invoices have been settled in full.
Compensation. Reimbursement is provided for the necessary and proven additional costs in respect of overnight accommodation and meals up to the agreed insured sum (single cover). If the compensation arising from one event (e.g. the general weather situation) in respect of several insured events during one calendar week (Saturday to Friday) within the geographical scope as described in Art. 2 exceeds € 800,000 (cumulative claim limit), the compensation allocated to the individual insured is reduced in proportion. In this case the insurer is liable for the compensation arising from the individual contract according to the ratio of this cumulative claim limit to the sum of all compensation amounts arising from the insurance contracts concerned.
Compensation. The insurer reimburses the additional costs arising in the quality as booked up to the agreed insured sum (single cover). If the compensation arising from one event (e.g. the general weather situation) in respect of several insured events during one calendar week (Saturday to Friday) within the geographical scope as described in Art. 2 exceeds € 4,000,000 (cumulative claim limit), the compensation allocated to the individual insured is reduced in proportion. In this case the insurer is liable for the compensation arising from the individual contract according to the ratio of this cumulative claim limit to the sum of all compensation amounts arising from the insurance contracts concerned.
Compensation. The insurer shall refund up to the agreed insured sum the proven costs of the search and rescue for the insured person and his transport to the nearest trafficable road or to the nearest hospital.
Compensation. The setting-off of debts and settlement of claims which arise from reciprocal sales, are effected legally, ipso jure, even if this is unknown to the debtors (C.C. 1290). The goods supplied by us (whether they be investment goods or otherwise and whether they be destined for resale or an outsourced order) will remain our exclusive property until all the corresponding invoices have been settled in full. All works, deliveries and man-hours which are not explicitly mentioned in our tender specifications will be billed separately. Our quotations are always exclusive of certain works (earthworks and other building operations, as well as deep grounding, costs of inspection & testing…) unless expressly stipulated to the contrary. Every client is obliged to provide us, free of charge, with a power source which we can run our light-duty tools off. The man-hours are based, as ever, on the normal working hours of our personnel. For work done outside these hours, the surcharges under current law shall apply. For work on a cost-plus basis (viz. day work) the travel time and travel expenses shall be billed to the buyer, as will the transport of the materials, tools & equipment. The rates per worker and per day will be calculated based on the applicable salary scale prescribed by the joint industrial committee for that particular sector. The courts of the judicial district in which Mevoco nv is domiciled shall have sole jurisdiction relating to any disputes or cancellation of a contract. Only Belgian law shall apply to this contract.
Compensation. Amount of compensation