Common use of No Bailment Clause in Contracts

No Bailment. OWNER acknowledges that Eagle Storage Center, LLC does not have exclusive possession and control of the personal property, which is shared during the storage period with OWNER, who has access to it. OWNER further acknowledges his/her responsibility for the safety and security of the personal property for storage. Accordingly, OWNER acknowledges this personal property Storage Contract does not constitute a bailment and is not for any specific storage space or work to be conducted by Eagle Storage Center, LLC.