Damage Insurance. Covers normal and accidental damage and wear and tear for normal and reasonable use of the bicycle due to terrain features, unseen obstacles on open terrain, or breakage from common wear. Damage caused by negligent or reckless behavior, intentional misuse, and loss due to theft ARE NOT COVERED! Damage is solely determined by CPMR staff, and participant (and Guardian if participant is a minor) will be held financially responsible for damage/loss arising from negligent or reckless behavior, intentional misuse, and theft. If participant (and Guardian if participant is a minor) elects to forgo damage insurance, participant (and Guardian if participant is a minor) will be held financially responsible for the full cost to repair and/or replace damaged components on the bicycle. All bicycles are inspected prior to each rental and immediately following return by CPMR staff. Check here if purchasing Damage Insurance with rental Please Initial Participant Signature Date Participant Printed Name Date of Birth Phone Number Participant’s Address City, State, Zip Minor’s Release Guardian Signature Date Guardian Printed Name Date of Birth Phone Number Guardian Address City, State, Zip Please Read Carefully Before Signing Equipment Rental Agreement & Release of Liability Part II
Damage Insurance. 11.1Customer is solely responsible for all risk and actual losses and damage to the Equipment, regardless of cause, other than Reasonable Wear and Tear. Customer shall notify Owner in writing regarding all losses or damage within twenty-four (24) hours of any occurrence. In the event the Equipment is lost, stolen, destroyed, or in Owner’s judgment is damaged beyond repair, Customer shall immediately pay to Owner the stated value of the Equipment, as set forth on the applicable Rental Out Schedule (the “Stated Value”). Rental payments, which were made prior to the loss or damage, shall not be applied to payment of the Stated Value. But, in the event the Equipment is damaged but reparable in Owner ‘s judgment, Customer shall be responsible to pay for the: (a) all the costs to repair the Equipment; and (b) all rental payments, until such repairs have been completed to Owner’s satisfaction and the Equipment has been returned to Owner.
Damage Insurance. Lessee assumes all risk of loss of the Equipment. Lessee will keep the Equipment insured against all risks of loss in an amount not less than its replacement cost (listing Lessor as loss payee and additional insured) and against public liability in an amount satisfactory to Lessor (listing Lessor as additional insured). Lessee will provide upon the acceptance of each item of Equipment, and as requested subsequently, a certificate of insurance or such other evidence of coverage. In the event of loss, theft, destruction, damage, condemnation or other taking of the Equipment, Lessee shall at Lessor's option (i) replace the Equipment with like equipment in good repair and condition or (ii) pay to the Lessor (1) past due rent, (2) all future rent to become due during the unexpired Term discounted to present value at 5%, and (3) all other amounts due under this Agreement.
Damage Insurance. During the term of this credit, the debtor undertakes to contract and keep in force insurance against all damages and losses caused by fraud, fault, fortuitous event, and/or force majeure, that the movable or immovable property object of this guarantee and its structures may suffer, through a policy issued by an insurance entity of her free choice, for an amount according to the following detail: Property number 4-000000-000, construction value ₵1,717,432,388. Property number 2-000000-000, land value ₵2,193,361,488.00. Property number 2-000000-000, land value ₵8,519,400,156.00. And to transfer to Banco Nacional de Costa Rica its right to the compensation that the insurer must pay in the event of a loss, through the figure of Mortgage Creditor. The debtor declares to know and accept that the policy must be duly constituted prior to the formalization of the credit and be acquired in colones as the currency in which the appraisal is expressed. In cases where, at the express request of the client, the client wishes to subscribe to the policy in dollars, the client must commit in the legal document to make the adjustments to the policy amount that the Bank requests. The debtor undertakes to expressly and in writing authorize the Bank at the time of the formalization of the credit, so that it can consult and obtain from the insurance company all the information related to the policies referred to in this clause. The authorization must remain valid at all times until the expiration or total payment of this obligation. In case the debtor changes the insurance company, she must inform the Bank and issue a new authorization to the insurance company she has contracted. The insurance company contracted by the debtor must have administrative authorization from the Superintendencia General de Seguros (SUGESE) for its proper operation in the country. The debtor declares to know and accept that, in the event of an uninsured claim, limitations or exclusions imposed by the chosen Insurance Company, Banco Nacional assumes no responsibility. Likewise, the debtor undertakes to keep this insurance in force until the expiration or total payment of this obligation and undertakes to keep the Bank informed, by suitable means, of the periodic renewals she makes of the insurance. Failure to comply with the obligations established in this clause will entitle the Bank to declare the obligation due and demand it in full through legal means. It is established between the parties that, if...
Damage Insurance. At the request of the "CREDITOR", the "DEBTOR" shall be obliged to hire a Damage Insurance Policy in accordance with the specifications required by the former to the latter, in order to secure the Pledge and/or Mortgage Guarantee, if any, set forth in this Agreement. With this understanding and due to the special characteristics of each operation, the "DEBTOR" shall pay the "CREDITOR" the amount specified in subsection r) of "Annex E", for the purchase of a damage insurance policy in order to secure the Pledge and/or Mortgage Guarantee which are also specified in subsection r) of "Annex E"; insurance under which the sole and principal beneficiary designated shall be the company named “GRUPO OLINX”, S.A.P.I. DE C.V., SOFOM, E.N.R. The "Parties" agree that the amount stated to cover the damage insurance will be directly discounted from the amount that will be given to the "DEBTOR" in Credit. On this understanding, the "DEBTOR" authorizes the "CREDITOR" from this moment on to withhold and make the referred discount.
Damage Insurance. To take out and keep in force all risks direct damage insurance, to full replacement value, upon its personal property, equipment, furniture, fixtures, improvements and all parts of the Demised Premises which the Tenant is obligated to keep in repair.
Damage Insurance. The Renter should ensure that they have adequate insurance to cover them in the event of damage being caused to the holiday rental. The Agent is at liberty to request sight of a copy of this insurance. TO PROCEED WITH THE BOOKING YOU SHOULD RETURN A SIGNED COPY OF THIS CONTRACT BY POST OR BY EMAIL. IF BY EMAIL YOU SHOULD PRINT THIS PAGE AND THEN SIGN AND SCAN IT. ELECTRONIC SIGNATURES CAN NOT BE ACCEPTED. Signed: Name: XXXX XXXXX The Agent Date: Signed: Name:
Damage Insurance. It is understood that damage insurance purchased from JIC Manager covers minor & accidental damage (ripped screen, lost towel, broken paddle..). Damage insurance purchased from JIC Manager does not cover intentional and/or large-scale damage (hole in wall, broken dock, damage to boats, major damage to furniture..). If intentional and/or large-scale damage is done, Guest will be responsible for 100% of the replacement cost. Jackrabbit Island Cabin Short Term Rental Agreement, Con’d Housekeeping: There is no daily housekeeping service. While linens and bath towels are included in Jackrabbit Island Cabin, daily maid service is not included in the rental rate. We suggest you bring beach towels. We do not permit towels or linens to be taken from the cabin. Trash and Recycling: It is understood that Guest will take all trash and recycling off the island to dispose of.
Damage Insurance. The Supplier shall, at the expense of LBTC, provide and maintain, with a carrier licensed and admitted in the country of execution, during the entire performance period of this Contract, a policy of Physical Damage Insurance for all of the Parts to be transported. Each piece should be insured against damage or loss for its declared value, as per the conditions laid out in the Fagioli document on page 40.
Damage Insurance. GMPC shall take out and keep in force all risks direct damage insurance, to the full replacement value, upon its merchandise, furniture, fixtures, and improvements on the Demised Premises. Goderich shall take out and keep in force all risks direct damage insurance, to the full replacement value of the Demised Premises
