Common use of Theft and Damage Clause in Contracts

Theft and Damage. Flock agrees to replace the Flock Hardware up to 1 time during the Term, at no cost to Customer, in the event of theft or damage. Subsequent replacement due to damage or theft will be at Customer’s own expense, at a replacement cost of $300 per camera. Customer shall not be required to replace subsequently damaged or stolen units; however, Customer understands and agrees that functionality, including Footage, will be materially affected due to such subsequently damaged or stolen units and that Flock will have no liability to Customer regarding such affected functionality nor shall the Fees owed be impacted.

Appears in 7 contracts

Samples: Master Services and Purchasing Agreement, Master Services and Purchasing Agreement, Master Services and Purchasing Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.