Property Damage and Loss Sample Clauses

Property Damage and Loss. Carrier will have exclusive care, custody and ------------------------- control of all goods hereunder including motor vehicles and related components from the time delivered to it until delivery to a consignee named by GM. Carrier assumes full responsibility for any and all loss or damage to said property while in its care, custody or control. The value of said property will be based on the normal GM invoice price thereof plus freight charges, with the exception of certain major vehicle damage claims described below.

Property Damage and Loss. Service Provider shall have exclusive care, custody and control of all goods hereunder, including motor vehicles and related components, from the time GM delivers to Service Provider until delivery to a consignee named by GM, in the case of truck haul-away, or until properly loaded and otherwise delivered to the rail carrier in the case of rail shipment. Service Provider assumes full responsibility for any and all loss or damage to GM's property while in Service Provider's care, custody or control, unless such loss or damage is caused by the acts or omissions of GM, its consignees, agents or employees, rail carriers, or by a force majeure event as defined in Section 19.00; provided, however, if insurance coverage is in place regarding a force majeure loss, Service Provider shall make and reasonably pursue a claim to the extent of such coverage and to the extent Service Provider receives insurance proceeds from a third party insurance provider for loss or damage to GM's property caused by a force majeure event described in Section 19.00 hereof, then Service Provider shall turn over such proceeds to GM. Service Provider shall ensure that its affiliated and nonaffiliated subcontracted truck haul-away providers adhere to the applicable vehicle care and loss and damage requirements of this Agreement, including insurance and indemnification, and such affiliated and nonaffiliated subcontracted truck haul-away carriers or other subcontractors shall be responsible for administrating any loss or damage suffered with respect to GM property while in the care, custody or control of such haul-away carriers or other subcontractors. The value of said goods shall be based on the normal GM invoice price thereof plus freight charges, with the exception of certain major vehicle damage claims described in Section 6.01.

Property Damage and Loss. Employees shall maintain securely and in good condition all City property and equipment issued and/or assigned to them. Employees shall reimburse the City for the cost of repair or replacement of property or equipment lost, stolen, or damaged, while on or off duty, as a result of the employee’s careless or negligent handling, use, or operation of such property or equipment, or as a result of the employee’s intentional violation of law, or City or departmental policy. In the case of major property or equipment items, such as City vehicles, employees shall be liable for reimbursement only if found to have been reckless or grossly negligent in the handling, use, or operation of such property or equipment, or as a result of intentional violation of law, or City or departmental policy. Reimbursement costs for the repair or replacement of City property and equipment shall be the actual cost of repair or replacement up to a maximum of one thousand, five hundred dollars ($1,500.00). Reimbursement payments may be made as payroll deductions over a period of time not to exceed twenty-four (24) months.