Common use of Loss / Theft Clause in Contracts

Loss / Theft. In the case of a lost or stolen device, the student agrees to pay the full replacement cost of the device and associated accessories. The student should report the incident to a school administrator within one school day of the occurrence. Device tracking software will be used by the school district to attempt to locate the device. A police report will be filed in the case of theft.

Appears in 2 contracts

Sources: Ipad Agreement, Ipad Agreement