Common use of LOSS PROTECTION Clause in Contracts

LOSS PROTECTION. a. ▇▇▇▇ ▇▇▇▇▇ Motors Ltd. will, within the limits stated in this paragraph, indemnify, hold harmless, and defend the renter and any authorized operator from and against liability to third parties, excluding any of the renters or authorized operator’s family members related by blood, marriage, or adoption residing with the renter or them if the accident results from the use of the vehicle permitted by this agreement. The limits of this protection are a combined single limit of $1,000,000 for bodily injury and property damage. This protection will conform to the basic requirements of any applicable mandatory “no fault law” but does not include uninsured motorists or under insured motorists, supplementary no fault or any other optional coverage, to the extent permitted by law, ▇▇▇▇ ▇▇▇▇▇ Motors Ltd. and the renter hereby reject the inclusion of any such coverage. If such coverage is imposed by operation of law for the benefit of persons other than the renter and authorized operators, then the limits of such coverage will be the minimum required by the law of the jurisdiction in which the accident occurs. ▇▇▇▇ ▇▇▇▇▇ Motors Ltd. warrants that the protection described in the paragraph will be provided in accordance with its lawful requirements in the jurisdiction in which the accident occurs. To the extent permitted by applicable law, the protection described in this paragraph will be secondary to the renter's insurance and the insurances of the operator of the vehicle. b. The renter and all operators will indemnify and hold ▇▇▇▇ ▇▇▇▇▇ Motors Ltd., its agents, employees and affiliates harmless from and against any and all loss, liability, claim, demand, cause of action, attorney's fees and expense of any kind (A “Loss”) in excess of the limits stated herein or beyond the scope of the protection provided for herein arising from the use or possession of the vehicle by the renter, any authorized operators or any other operators with the renter, his or her permission, including but not limited to attorney's fees incurred by ▇▇▇▇ ▇▇▇▇▇ Motors Ltd. to enforce any of its rights hereunder, unless such loss arises out of ▇▇▇▇ ▇▇▇▇▇ Motors Ltd. sole negligence.

Appears in 1 contract

Sources: Rental Agreement

LOSS PROTECTION. a. ▇▇▇▇ ▇▇▇▇▇ Motors Ltd. will, within the limits stated in this paragraph, indemnify, hold harmless, and defend the renter and any authorized operator from and against liability to third parties, excluding any of the renters or authorized operator’s operators family members related by blood, marriage, or adoption residing with the renter or them them, if the accident results from the use of the vehicle permitted by this agreement. The limits of this protection are a combined single limit of $1,000,000 for bodily injury and property damage. This protection will conform to the basic requirements of any applicable mandatory “no fault law” but does not include uninsured motorists or under insured motorists, supplementary no fault or any other optional coverage, to the extent permitted by law, ▇▇▇▇ ▇▇▇▇▇ Motors Ltd. and the renter hereby reject the inclusion of any such coverage. If such coverage is imposed by operation of law for the benefit of persons other than the renter and authorized operators, then the limits of such coverage will be the minimum required by the law of the jurisdiction in which the accident occurs. ▇▇▇▇ ▇▇▇▇▇ Motors Ltd. warrants that the protection described in the paragraph will be provided in accordance with its lawful requirements in the jurisdiction in which the accident occurs. To the extent permitted by applicable law, the protection described in this paragraph will be secondary to the renter's insurance and the insurances of the operator of the vehicle. b. The renter and all operators will indemnify and hold ▇▇▇▇ ▇▇▇▇▇ Motors Ltd., its agents, employees and affiliates harmless from and against any and all loss, liability, claim, demand, cause of action, attorney's fees and expense of any kind (A “Loss”) in excess of the limits stated herein or beyond the scope of the protection provided for herein arising from the use or possession of the vehicle by the renter, any authorized operators or any other operators with the renter, his or her permission, including but not limited to attorney's fees incurred by ▇▇▇▇ ▇▇▇▇▇ Motors Ltd. to enforce any of its rights hereunder, unless such loss arises out of ▇▇▇▇ ▇▇▇▇▇ Motors Ltd. sole negligence.

Appears in 1 contract

Sources: Rental Agreement