LOSS DAMAGE WAIVER. The principle of the waiver is in case of repair (in case of damage) or replacement (in case of loss or theft) of the Scanner, you are asked to compensate Nu Skin only for a maximum amount. Nu Skin will pay the difference of the total cost of the repair or replacement. Paying the monthly Loss s Damage waiver does not exempt you from paying the maximum amount of the compensation. Lease termination Should you wish to terminate your Scanner Agreement and return your Scanner, keep in mind these timelines: You do not pay any rental payments for the month of the return Ship your Scanner back 01 of the month Contact your local support s send back your Lease Termination form 15 of the month Your Scanner is shipped back physically in Nu Skin warehouse Lease termination Should you wish to terminate your Scanner Agreement and return your Scanner, keep in mind these timelines: Xxxxxxx is shipped back physically 01 of the month Contact your local support s send back your Lease Termination form 15 of the month 30 of the month Scanner is shipped back physically in Nu Skin warehouse You pay rental payments for the month of the return Lease termination Nu Skin considers your lease termination as effective as soon as your Scanner is returned to Nu Skin, not when your Lease Termination form is sent back.
LOSS DAMAGE WAIVER. Lessee is deemed to accept the Loss Damage Waiver (“LDW”) unless it declines where indicated on the front of this Agreement. If Lessee accepts the LDW and pays the additional fee specified thereon (“LDW Fee”), Lessor will waive its claim against the Lessee for loss of or damage to the Equipment under paragraph 7 hereof (except as set out in paragraph 10 below) for any amount in excess of the following: (a) for theft: 10% of the retail purchase price of new Equipment; and (b) for damage: 10% of the cost of the repairs to the Equipment. The LDW Fee constitutes Additional Rent and will be paid in the same manner and at the same time as Rental.
LOSS DAMAGE WAIVER. If you act within the terms and conditions of this Agreement the Company will grant a loss/damage waiver (including legal costs incurred with the Company’s consent) for the Hirer’s benefit in respect of damage to the Vehicle or third party damage other than for any property owned by You (or any of Your friends, relatives, associates, related bodies corporate or passengers) or in Your physical or legal control. This waiver is subject to:
LOSS DAMAGE WAIVER. A Loss Damage Waiver shall be presented to the Lessee on the occasion of the Lessee entering into an Equipment Rental Agreement with the Lessor for the first time, which Loss Damage Waiver must either be accepted or declined by the Lessee. Once the Lessee accepts or declines the Loss Damage Waiver upon the first instance of entering into an Equipment Rental Agreement with the Lessor, the option selected by the Lessee shall apply to all subsequent occasions of the Lessee entering into an Equipment Rental Agreement with the Lessor unless the Lessee notifies the Lessor in writing to the contrary. If the Lessee fails to actively accept or decline coverage of the Loss Damage Waiver by indicating its preference in writing, the Lessee shall be deemed to accept the Loss Damage Waiver. The cost to the Lessee of accepting the Loss Damage Waiver is set our therein. If the Lessee accepts the Loss Damage Waiver form (or otherwise as provided by the Lessor), the Lessor will waive its entitlement to claim against the Lessee under paragraphs 18 and 20 of this Agreement for loss of or damage to the Equipment, however, the Lessee shall remain liable for all resulting loss or damage to the Equipment and all expenses of the Lessor pertaining thereto as a result of:
LOSS DAMAGE WAIVER. If the Lessee accepts the Loss Damage Waiver (Lessee is deemed to accept unless it declines where indicated on the front of this Agreement) and paying the additional fee specified thereon, the Lessor will waive its claim against the Lessee under paragraph 6 hereof for loss of or damage to the Equipment (except as set out in paragraph 13 below) for any amount in excess of the following:
LOSS DAMAGE WAIVER. (a) Loss Damage Waiver removes the driver’s responsibility for the Vehicle in case of damage or theft.
LOSS DAMAGE WAIVER. NOTE: THIS IS NOT INSURANCE. IF LESSEE ACCEPTS THE LOSS/DAMAGE WAIVER, in consideration of the additional charge paid by Lessee. Lessee's liability for loss or damage to the Equipment shall be modified only and strictly as follows:
LOSS DAMAGE WAIVER. In the event proof of acceptable insurance coverage is not provided prior to delivery of the Equipment, Lessee agrees to purchase Loss Damage Waiver (LDW). The LDW charge will be 15% of the gross rental charge. Lessee is not entitled to any refund or credit of Loss Damage Waiver charges invoiced or paid. If LDW is paid, Lessee will not be responsible for loss or damage to the Equipment above $2,500 per incident from any cause except: (a) overloading or exceeding rated capacity, (b) misuse, abuse, or improper servicing of the Equipment; (c) damage to tires (d) violation of the manual; (e) disappearance or wrongful conversion; (f) damage to glass; or (g) damage resulting from Lessee breach of any provision of this agreement. LDW IS NOT INSURANCE and only applies to physical loss or damage to the Equipment. Regardless of and in addition to any LDW, Lessee must maintain Commercial General Liability / Commercial Automobile Liability and Workers’ Compensation insurance pursuant to the requirements above. FOR LEASES SUBJECT TO THE TEXAS BUSINESS AND COMMERCE CODE ONLY: This contract offers an optional loss damage waiver for an additional charge to cover your responsibility for loss of or damage to the Equipment. You do not have to purchase this coverage. Before deciding whether to purchase this loss damage waiver, you may consider whether your insurance policies afford you coverage for loss of or damage to the Equipment rented and the amount of the deductible you would pay under your policies. H&E reserves the right to not rent to any Lessee. The following exclusions apply to Lessee’s loss damage waiver purchase: loss or damage to the Equipment that is caused by an unexplained disappearance or abandonment of the Equipment; damage that is intentionally caused by Lessee; or damage that results from Lessee’s willful or wanton misconduct.
LOSS DAMAGE WAIVER. Each Outbound Form shall indicate whether Customer has elected to participate in Lessor’s Loss Damage Waiver “LDW”) program for the Trailer thereunder and agrees to pay the “LDW Fee” and “LDW Deductible” as set forth thereon. The parties hereby agree and acknowledge that the LDW program is not an insurance policy and Lessor is not providing insurance to Customer hereunder. As such, the LDW program does not provide insurance coverage and therefore may be duplicative of coverage under Customer’s existing insurance policies. Customer shall not be required to provide comprehensive insurance coverage for physical damage to any of the Trailers and shall not be liable to Lessor for loss or damage to any Trailer arising from collision and upset and/or the specified perils of fire, lightning, theft, explosion, flood, windstorm, hail, earthquake, or act of God, vandalism, or roof damage in excess of the LDW Deductible per Trailer, unless such loss or damage arises from non-•‐compliance with Customer’s obligations under the Agreement and Customer shall not be required to provide comprehensive insurance coverage for physical damage to any Trailer; provided, however, that the LDW program shall not be applicable to the following: (a) tire and/or wheel theft unless the Trailer is stolen; (b) tire damage unless the tires are damaged as a result of a collision; (c) unlawful operations; (d) Trailer upset due to load shift, improper operation, or improper balancing and failure to properly secure the cargo contents; (e) floor damage resulting from improper loading or unloading of the Trailer and/or forklift usage; (f) damage caused by the hauling of hazardous materials or ultrahazardous materials; (g) Trailers sublet without Lessor’s prior written consent, or the transfer or assignment of this Agreement to another party without Lessor’s prior written consent; (h) failure to properly maintain the Trailers during the Rental Term in accordance with the maintenance provisions of the Agreement; (i) unapproved alterations to the Trailers; (j) use of unauthorized (unlicensed or improperly licensed) drivers; (k) unexplained disappearance; or (l) shortage found upon taking inventory. Lessor’s failure to report any loss or damage to any Trailer in accordance with Section 10 (Loss) above shall constitute Customer’s breach hereunder and shall void the liability coverage provided under the LDW program. Customer further hereby agrees and acknowledges that, upon fifteen (15) calendar days p...
LOSS DAMAGE WAIVER. Loss Damage Waiver (LDW) is available only where permitted by law. If I accept LDW at the indicated daily rate, and the car is operated in accordance with this agreement, you assume all loss or damage to the car after the deductible and I accept anything above what the LDW program doesn't cover and then you accept responsibility for all other loss or damage between those amounts. If I do not accept LDW, I owe for all loss or damage to the car, loss and damage are described in the following paragraph and include theft and vandalism and loss of use. I acknowledge I have been advised that my own insurance may cover loss ordamage.
