COLLISION DAMAGE WAIVER (CDW Sample Clauses

COLLISION DAMAGE WAIVER (CDW. See Master policy for complete details as this is a summary and is not a complete description of the coverage. The master policy contains the legal provisions of the plan, copies of which are available upon request from the Lessor’s rental desk. The Lessor may offer CDW which is a separate protection that reduces the Renter’s financial responsibility for covered physical damage to $0 in certain circumstances. CDW is a contractual agreement between the Lessor and the Renter where in the Lessor agrees not to collect a deductible from Renter for damages to the Rental Vehicle, subject to exclusions and conditions. Jurisdiction: USA and Canada Coverage: CDW provides coverage for certain physical damage to the Rental Vehicle provided Renter is in compliance with all of the terms and conditions of the Rental Contract. Renter’s financial responsibility is reduced to zero per occurrence for physical damage to the Rental Vehicle except for listed exclusions provided Renter is in compliance with all terms and conditions of the Rental Contract. By Renter’s acceptance of the CDW, indicated by the Renter’s initial on Part A of the Rental Contract and payment of proper charges for CDW, and if the Rental Vehicle is used as permitted and Renter does not violate any provision or terms and conditions of this contract, the following applies: Renter’s responsibility for any and all loss of or damage to Rental Vehicle from any cause regardless of fault is $0. Deductible: the deductible is $0 per occurrence with CDW. Exclusions – CDW: the use of the Rental Vehicle in violation of the terms and conditions of the Rental Contract. Rental vehicle swaps. Protection for personal property and non-accidental damages. Cost incurred in transporting damage vehicle to the rental station, including towing and storage. Some examples of exclusions are vandalism, and interior damage. CDW does not apply, and the Renter is responsible for any and all loss of or damage to Rental Vehicle at actual or estimated cost per occurrence caused by (I) overhead damage, (ii) undercarriage damage, including entry step, and wheels, (iii) all damage caused during off-road use, (iv) overheating or freezing vehicle systems, (v) damage from backing up the Rental Vehicle, and (vi) any accident caused by wilful misconduct, violation of any law, and/or while driving under the influence of drugs and/or alcohol, (vii) damage to motorhome slide out,
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COLLISION DAMAGE WAIVER (CDW. If you purchase CDW, we will waive our right to hold you financially responsible for damage to or loss of the Vehicle. CDW is not insurance, is optional, and may duplicate coverage under your own insurance policy or credit card. CDW does not apply to Optional Equipment we rent to you for use in the Vehicle. Our CDW is subject to the following additional state-specific conditions: FOR RENTALS COMMENCING IN CALIFORNIA: You are responsible for all collision damage to the Vehicle, even if someone else caused it or the cause is unknown. You are responsible for the cost of repair up to the value of the Vehicle, towing, storage, and impound fees. Your own insurance, or the issuer of the credit card you use to pay for the rental may cover all or part of your financial responsibility for damage to, or loss of, the rented vehicle. You should check with your insurance company, or credit card issuer, to find out about your coverage and the amount of deductible, if any, for which you may be liable. If you use a credit card that provides coverage for your responsibility for damage to, or loss of, the Vehicle, you should check with the issuer to determine whether or not you must first exhaust the coverage limits of your own insurance before the credit card coverage applies. We will not hold you responsible for damage to or loss or theft of the Vehicle if you buy CDW. But, CDW will not protect you if: (a) you provided fraudulent information to us or if you provided false information to us and we would not have rented the Vehicle had we received true information; (b) damage to or loss of the Vehicle results from: (i) your intentional, wilful, wanton, or reckless conduct; (ii) operation of the Vehicle under the influence of drugs or alcohol in violation of § 23152 of the California Vehicle Code; or (iii) towing or pushing anything, or operation of the Vehicle on an unpaved road if the damage or loss is a direct result of the road or driving conditions; or (c) damage to or loss of the Vehicle occurs while the Vehicle is: (i) used for commercial hire; (ii) used in connection with conduct that could be properly charged as a felony, or involved in a speed test, contest, or driver training activity; (iii) operated by a person other than an Authorized Driver; or, (iv) operated outside the United States. Collision Damage Waiver may cost $10 per each full or partial 24-hour rental day, as further described on the Rental Agreement. Purchase of a CDW is optional and is not required i...
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COLLISION DAMAGE WAIVER (CDW. Collision Damage Waiver at £20.00 per day will reduce the £1000.00 excess for damage caused due to a Road Traffic Accident (RTA) or collision (i.e. reported accident) to either the vehicle or third party property to £0. It will also cover the cost of replacement tyres or windscreen. However it will not cover any damage to the vehicle or third party property caused through a reversing manoeuvre or replacement or repair of windows. No insurance cover is offered for overhead damage, any damaged deemed as gross negligence, or any internal damages therefore full liability will apply. Applies in respect of first incident and or claim, not entire Rental duration. Once an accident has occurred CDW cannot be restarted and standard insurance terms will apply. Incident must be reported to Just go within 24 hours otherwise CDW cover will not apply. Minimum charge term for CDW is 5 days in winter and 7 days during the summer. Should the Terms and Conditions not be adhered to, the CDW will be void and the customer will be liable in full for all costs and damages. Please note that the CDW is completely optional and Collision Damage Waiver (CDW) continued... can be decided upon collection of your vehicle. After the hire has commenced, CDW cannot be taken out. CDW cannot be offered to drivers over the age of 70.
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COLLISION DAMAGE WAIVER (CDW. If you choose to purchase the Collision Damage Waiver this will be added to your booking. You will be provided with the cost of purchasing the Collision Damage Waiver during the booking process which will be added to your overall holiday cost. In addition, you will be expected to pay a sum of between £200 / €250 / CA$370 and £600 / €740 / CA$1,110, depending on the size of your boat, as damage deposit upon arrival at the LeBoat Base. The damage deposit will be taken prior to embarkation and if you do not pay we reserve the right to cancel your booking without further liability and without any right to a refund and you will not be entitled to continue with the charter. Daily Rate Security Deposit Option 1 France,UK & Ireland Italy Germany Belgium Holland Security Deposit Payable @ EuropeanBases Security Deposit Payable @ UKBases Security Deposit Payable @ Canada Base Budget boats R 285- 00 R 301- 00 R 317- 00 R 333- 00 R 333- 00 €250 £200 CA$370 Comfort boats R 412- 00 R 428- 00 R 444- 00 R 476- 00 R 491- 00 €350 £280 CA$515 Comfort Plus boats R 444- 00 R 460- 00 R 476- 00 R 491- 00 R 507- 00 €500 £400 CA$740 Premier boats R 587- 00 R 602- 00 R 618- 00 R 634- 00 R 682- 00 €750 £600 CA$1,110
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COLLISION DAMAGE WAIVER (CDW. Collision Damage Waiver at £25.00 per night will reduce the £1000.00 excess for damage caused due to a Road Traffic Accident (RTA) or collision (i.e. reported accident) to either the vehicle or third party property to £0. It will also cover the cost of replacement tyres or windscreen. However it will not cover any damage to the vehicle or third party property caused through a reversing manoeuvre or replacement or repair of windows. No insurance cover is offered for overhead damage, any damaged deemed as gross negligence or any internal damages therefore full liability will apply. CDW applies in respect of a first incident and or claim, not the entire Rental duration. Once an accident has occurred CDW cannot be restarted and standard insurance terms will apply. Incident must be reported to the lessor within 24 hours otherwise CDW cover will not apply. Should the Terms and Conditions not be adhered to, the CDW will be void and the customer will be liable in full for all costs and damages. Please note that the CDW is completely optional and can be decided upon collection of the vehicle. After the hire has commenced, CDW cannot be taken out. CDW cannot be offered to drivers over the age of 70. Collision Damage Waiver (CDW):this is included as standard for clean licenses of drivers between 25-60 years old. CDW may be applied to other drivers as per insurance stipulations and additional charges may apply. Please ask for further details. CDW may not be possible for drivers with non-UK driving licenses. In such cases The lessor may apply an additional security deposit.
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COLLISION DAMAGE WAIVER (CDW. Irrespective which waiver was opted for, the LESSOR may, in its sole discretion, charge the RENTER either the actual or any reasonable amount for the loss or damage caused to the vehicle, should the loss or damage or the event giving rise thereto occurred in a situation where no other vehicle or person or animal or object was involved. Depending on the CDW option chosen by the RENTER, an excess amount will be blocked on the RENTER’S credit card prior to the rental, to cover for damages to the vehicle. The RENTER is liable up to but not limited to the excess amount. Schedule of Collision Damage Waiver (CDW) options: Options CDW Amount Excess Option 1 Zero Cover N$45,000 Option 2 Limited CDW N$180/d N$20,000 Option 3 Limited CDW N$260/d N$18,000 Option 4 Super CDW N$350/d N$4,500 Option 5 Platinum N$450/d N$1,500 Option 3 covers only 1 tyre (excl. rim) & windscreen Option 4 & 5 covers only 2 tyres (excl. rim) & windscreen.
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COLLISION DAMAGE WAIVER (CDW. CDW - Coverage for accident and other collision damages on the rented vehicle. Accepted CDW reduces, irrespective of fault, renter’s financial responsibility to the non-waivable amount for loss of or damage to the rented vehicle and its parts or accessories, except by or following theft or vandalism. Regardless of whether CDW has been accepted or not, the renter is liable for full repair of the damage, if they have been caused by: *Driving under the influence of drugs or alcohol (or pills with similar effects); *If the renter didn’t stop after an accident and didn’t take the necessary actions, e.g., notifying the Police, obtaining names and addresses of parties and witnesses involved. *Use for illicit / illegal purposes, e.g., smuggling, theft, illegal transport of items or goods. *Driving whilst overloaded, over the speed limit permitted according to the vehicle’s Circulation Permit. *Driving by unauthorized persons, i.e., under the age-restriction, not declared and written on the Rental Agreement. *Using the vehicle for any kind of races or competitions, including racing pace making. *Driving the vehicle off roads, mountains. *Violation of: traffic lights, STOP sign, speed limit, entering in the opposite direction line, driving opposite in a One Way road; *Damages to the underside of the vehicle, to the wheels and tires and to the interior space of the vehicle. *Hydraulic shock or damages of the engine caused by lack of fluids. • You are liable for reporting all accidents/other collision damages on the rented vehicle to the relevant Police authorities at the place of the accident, providing the official Police report and filling the Accident Report in our Rental station. • In case of rented vehicle's accidental damage is not properly reported to the Police authorities, renter is liable to pay full value of the damage, regardless of the purchasing the Collision Damage Waiver. • You must provide written report on the Accident Report, regardless of the purchasing the CDW. Insurance terms of the Collision Damage Waiver are not valid on the territory of countries that are not mentioned on the vehicle insurance policy (Green card). The renter will pay full value of all damages and losses caused by accidents on those territories. THW - Coverage for total loss/theft of the vehicle. Accepted THW relieves renter financial responsibility for loss of or damage to the rented vehicle by or following theft or attempted theft.Please note that in the unfortunate event of...
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Related to COLLISION DAMAGE WAIVER (CDW

  • Damage Waiver In any action arising from or relating to the Agreement, the parties waive all claims for incidental and/or consequential damages, even if the other party has been apprised of the likelihood of such damage. The parties further waive all claims to exemplary and punitive damages.

  • Expenses; Indemnity; Damage Waiver (a) The Borrower shall pay (i) all reasonable out-of-pocket expenses incurred by the Administrative Agent and its Affiliates, including the reasonable fees, charges and disbursements of counsel for the Administrative Agent, in connection with the syndication and distribution (including, without limitation, via the internet or through a service such as Intralinks) of the credit facilities provided for herein, the preparation and administration of this Agreement and the other Loan Documents or any amendments, modifications or waivers of the provisions hereof or thereof (whether or not the transactions contemplated hereby or thereby shall be consummated), (ii) all reasonable out-of-pocket expenses incurred by the Issuing Bank in connection with the issuance, amendment, renewal or extension of any Letter of Credit or any demand for payment thereunder and (iii) all out-of-pocket expenses incurred by the Administrative Agent, the Issuing Bank or any Lender, including the fees, charges and disbursements of any counsel for the Administrative Agent, the Issuing Bank or any Lender, in connection with the enforcement or protection of its rights in connection with this Agreement and any other Loan Document, including its rights under this Section, or in connection with the Loans made or Letters of Credit issued hereunder, including all such out-of-pocket expenses incurred during any workout, restructuring or negotiations in respect of such Loans or Letters of Credit.

  • Partial Damage - Insured Loss If a Premises Partial Damage that is an Insured Loss occurs, then Lessor shall, at Lessor's expense, repair such damage (but not Lessee's Trade Fixtures or Lessee Owned Alterations and Utility Installations) as soon as reasonably possible and this Lease shall continue in full force and effect; provided, however, that Lessee shall, at Lessor's election, make the repair of any damage or destruction the total cost to repair of which is $10,000 or less, and, in such event, Lessor shall make any applicable insurance proceeds available to Lessee on a reasonable basis for that purpose. Notwithstanding the foregoing, if the required insurance was not in force or the insurance proceeds are not sufficient to effect such repair, the Insuring Party shall promptly contribute the shortage in proceeds (except as to the deductible which is Lessee's responsibility) as and when required to complete said repairs. In the event, however, such shortage was due to the fact that, by reason of the unique nature of the improvements, full replacement cost insurance coverage was not commercially reasonable and available, Lessor shall have no obligation to pay for the shortage in insurance proceeds or to fully restore the unique aspects of the Premises unless Lessee provides Lessor with the funds to cover same, or adequate assurance thereof, within ten (10) days following receipt of written notice of such shortage and request therefor. If Lessor receives said funds or adequate assurance thereof within said ten (10) day period, the party responsible for making the repairs shall complete them as soon as reasonably possible and this Lease shall remain in full force and effect. If such funds or assurance are not received, Lessor may nevertheless elect by written notice to Lessee within ten (10) days thereafter to: (i) make such restoration and repair as is commercially reasonable with Lessor paying any shortage in proceeds, in which case this Lease shall remain in full force and effect, or have this Lease terminate thirty (30) days thereafter. Lessee shall not be entitled to reimbursement of any funds contributed by Lessee to repair any such damage or destruction. Premises Partial Damage due to flood or earthquake shall be subject to Paragraph 9.3, notwithstanding that there may be some insurance coverage, but the net proceeds of any such insurance shall be made available for the repairs if made by either Party.

  • Minor Damage In the event of loss or damage to the Property or any portion thereof which is not "major" (as hereinafter defined), this Agreement shall remain in full force and effect provided Seller performs any necessary repairs or, at Seller's option, assigns to Purchaser all of Seller's right, title and interest to any claims and proceeds Seller may have with respect to any casualty insurance policies or condemnation awards relating to the premises in question. In the event that Seller elects to perform repairs upon the Property, Seller shall use reasonable efforts to complete such repairs promptly and the date of Closing shall be extended a reasonable time in order to allow for the completion of such repairs. If Seller elects to assign a casualty claim to Purchaser, the Purchase Price shall be reduced by an amount equal to the deductible amount under Seller's insurance policy. Upon Closing, full risk of loss with respect to the Property shall pass to Purchaser.

  • Indemnity Consequential Damages and Insurance 18.1 Indemnity 18.1.1 Indemnified Party 18.1.2 Indemnifying Party 18.1.3 Indemnity Procedures 18.2 Consequential Damages 18.3 Insurance 18.3.1 18.3.2 18.3.3 18.3.4 18.3.5 18.3.6 18.3.7 18.3.8 18.3.9 18.3.10 18.3.11

  • Physical Damage Insurance The Servicer shall, in accordance with its customary servicing procedures, require that each Obligor shall have obtained physical damage insurance covering the Financed Equipment as of the execution of the Receivable.

  • Partial Damage - Uninsured Loss If Premises Partial Damage that is not an Insured Loss occurs, unless caused by a negligent or willful act of Lessee (in which event Lessee shall make the repairs at Lessee's expense and this Lease shall continue in full force and effect), Lessor may at Lessor's option, either (i) repair such damage as soon as reasonably possible at Lessor's expense, in which event this Lease shall continue in full force and effect, or (ii) give written notice to Lessee within thirty (30) days after receipt by Lessor of knowledge of the occurrence of such damage of Lessor's desire to terminate this Lease as of the date sixty (60) days following the date of such notice. In the event Lessor elects to give such notice of Lessor's intention to terminate this Lease, Lessee shall have the right within ten (10) days after the receipt of such notice to give written notice to Lessor of Lessee's commitment to pay for the repair of such damage totally at Lessee's expense and without reimbursement from Lessor. Lessee shall provide Lessor with the required funds or satisfactory assurance thereof within thirty (30) days following such commitment from Lessee. In such event this Lease shall continue in full force and effect, and Lessor shall proceed to make such repairs as soon as reasonably possible after the required funds are available. If Lessee does not give such notice and provide the funds or assurance thereof within the times specified above, this Lease shall terminate as of the date specified in Lessor's notice of termination.

  • Standard of Care; Limitation of Liability; Indemnification (a) ALPS shall be obligated to act in good faith and to exercise commercially reasonable care and diligence in the performance of its duties under this Agreement.

  • Casualty Damage If the Premises or any part thereof shall be damaged by fire or other casualty, Tenant shall give prompt written notice thereof to Landlord. In case the Building shall be so damaged that substantial alteration or reconstruction of the Building shall, in Landlord's sole opinion, be required (whether or not the Premises shall have been damaged by such casualty) or in the event any mortgagee of the Building should require that the insurance proceeds payable as a result of a casualty be applied to the payment of the mortgage debt or in the event of any material uninsured loss to the Building, Landlord may, at its option, terminate this Lease by notifying Tenant in writing of such termination within ninety (90) days after the date of such damage. If Landlord does not thus elect to terminate this Lease, Landlord shall commence and proceed with reasonable diligence to restore the Building to substantially the same condition in which it was immediately prior to the happening of the casualty, except that Landlord's obligation to restore shall not exceed the scope of the work required to be done by Landlord at Landlord's expense in originally constructing the Building and installing the Tenant Improvements, nor shall Landlord be required to spend for such work an amount in excess of the insurance proceeds actually received by Landlord as a result of the casualty. When the portions of the Premises originally furnished at Landlord's expense have been restored by Landlord, Tenant shall, at Tenant's expense, complete the restoration of the Premises, including the reconstruction of all improvements in excess of those Tenant Improvements originally installed at Landlord's expense, and the restoration of Tenant's furniture and equipment. Landlord shall not be liable for any inconvenience or annoyance to Tenant or injury to the business of Tenant resulting in any way from such damage or the repair thereof, except that, subject to the provisions of the next sentence, Landlord shall allow Tenant a fair diminution of rent during the time and to the extent the Premises are unfit for occupancy. If the Premises or any other portion of the Building or the Project be damaged by fire or other casualty resulting from the fault or negligence of Tenant or any of Tenant's agents, employees, or invitees, the rent hereunder shall not be diminished during the repair of such damage and Tenant shall be liable to Landlord for the cost of the repair and restoration of the Building or the Project caused thereby to the extent such cost and expense is not covered by insurance proceeds.

  • Guaranty; Limitation of Liability (a) The undersigned hereby absolutely, unconditionally and irrevocably guarantees the punctual payment when due, whether at scheduled maturity or on any date of a required prepayment or by acceleration, demand or otherwise, of all Obligations of the Borrower and each other Loan Party now or hereafter existing under or in respect of the Loan Documents (including, without limitation, any extensions, modifications, substitutions, amendments or renewals of any or all of the foregoing Obligations), whether direct or indirect, absolute or contingent, and whether for principal, interest, premiums, fees, indemnities, contract causes of action, costs, expenses or otherwise (such Obligations being the “Guaranteed Obligations”), and agrees to pay any and all expenses (including, without limitation, fees and expenses of counsel) incurred by the Administrative Agent or any other Secured Party in enforcing any rights under this Guaranty Supplement, the Guaranty, the Credit Agreement or any other Loan Document. Without limiting the generality of the foregoing, the undersigned’s liability shall extend to all amounts that constitute part of the Guaranteed Obligations and would be owed by any other Loan Party to any Secured Party under or in respect of the Loan Documents but for the fact that they are unenforceable or not allowable due to the existence of a bankruptcy, reorganization or similar proceeding involving such other Loan Party.

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