by theft Sample Clauses
The "by theft" clause defines the circumstances under which losses or damages caused specifically by theft are addressed within an agreement or policy. Typically, this clause outlines what constitutes theft, the conditions under which theft is recognized (such as evidence of forced entry or police reports), and any exclusions or limitations that may apply. For example, it may specify that only thefts reported within a certain timeframe are covered, or that theft by employees is excluded. The core function of this clause is to clearly allocate responsibility and set expectations regarding coverage or liability for losses resulting from theft, thereby reducing ambiguity and potential disputes between parties.
by theft. All the provisions of this clause 5.17 shall apply and be fully operative notwithstanding that any loss, damage, injury or loss of life hereinbefore referred to may occur or be sustained in consequence of anything done or omitted by the LANDLORD or any of its employees, directors, agents or independent contractors, whether negligently or otherwise and notwithstanding that the LANDLORD may have been in breach of any of its obligations hereunder. The TENANT, notwithstanding anything to the contrary contained herein, shall not, under any circumstances, have any claim for any loss of profit or other special damages or any indirect or consequential damages of any nature which the TENANT may suffer as a result of any breach by the LANDLORD of any of its obligations to the TENANT.