Common use of DAMAGE LIABILITY REDUCTION Clause in Contracts

DAMAGE LIABILITY REDUCTION. Under this clause you have an option to limit your liability to us under clause 9 by paying the DLR Fee. 10.1 If any of the events listed in clause 9 (lightning, windstorm etc) occurs, we will forego our right to receive compensation from you under clause 9 to the extent described in this clause if: (a) you pay the DLR Fee; and (b) you comply with this clause. 10.2 The effect of paying the DLR Fee is that your liability to us under clause 9 is limited to payment of the Reduced Liability Sum. 10.3 You are not entitled to rely on our agreement to limit your liability under this clause unless you have: (a) paid all rental payments and the DLR Fee up to and including the date of loss or damage; (b) substantially complied with all the terms of the Contract; (c) provided correct details in the Lease Schedule; (d) reported any loss or damage to the Police within 7 days, and to our nearest store within 24 hours, of the loss or damage occurring; (e) fully and correctly completed a liability loss damage report form, and returned it to us within 7 days of the loss or damage occurring; and (f) paid to us the applicable Reduced Liability Sum within 30 days of the loss or damage occurring. 10.4 Either we or you may terminate the operation of this clause at any time by written notice to the other, and the termination will be effective at the end of the current period for which you have paid the DLR Fee. 10.5 This DLR Fee is not an insurance premium and this clause is not an insurance contract. 10.6 If the Lease Schedule and the Schedule below do not provide for a DLR Fee for the type of goods being leased under the Contract, then Clauses 10.1 to 10.5 do not apply.

DAMAGE LIABILITY REDUCTION. Under this clause you have an option to limit your liability to us under clause 9 by paying the DLR Fee. 10.1 If any of the events listed in clause 9 (lightning, windstorm etc) occurs, we will forego our right to receive compensation from you under clause 9 to the extent described in this clause if: (a) you pay the DLR Fee; and (b) you comply with this clause. 10.2 The effect of paying the DLR Fee is that your liability to us under clause 9 is limited to payment of the Reduced Liability Sum. 10.3 You are not entitled to rely on our agreement to limit your liability under this clause unless you have: (a) paid all rental payments and the DLR Fee up to and including the date of loss or damage; (b) substantially complied with all the terms of the Contract; (c) provided correct details in the Lease Schedule; (d) reported any loss or damage to the Police within 7 days, and to our nearest store office within 24 hours, of the loss or damage occurringoccur- ring; (e) fully and correctly completed a liability loss damage report form, and returned it to us within 7 days of the loss or damage dam- age occurring; and (f) paid to us the applicable Reduced Liability Sum within 30 days of the loss or damage occurring. 10.4 Either we or you may terminate the operation of this clause at any time by written notice to the other, and the termination will be effective at the end of the current period for which you have paid the DLR Fee. 10.5 This DLR Fee is not an insurance premium and this clause is not an insurance contract. 10.6 If the Lease Schedule and the Schedule below do not provide for a DLR Fee for the type of goods being leased under the Contract, then Clauses 10.1 to 10.5 do not apply. 11.2 Subject to the provisions of clauses 11.5 and 11.6, we will keep the Goods in good working order during the Lease Period. This warranty is given by us, Meteoric Communications Pty Ltd. Our business address is ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇, during the Lease Period. Our telephone number is (▇▇) ▇▇▇▇ ▇▇▇▇, our email address is ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇.▇▇ and our mailing address is ▇▇ ▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇. You are responsible for any expense in claiming the warranty. The benefits given to you by the warranty in this clause