Theft Coverage Sample Clauses

Theft Coverage. 12.1. If theft or loss occurs and the Member has Theft Coverage for their relevant Subscription, the Charges otherwise applicable under Articles 11.1 and 11.3 for theft or loss are either reduced or eliminated to the extent specifically outlined in Appendix IV. 12.2. When the Member has taken out Theft Coverage, the Charges specified in Appendix III-F and Appendix III-G are replaced by those set out in Appendix IV-A and Appendix IV-B, respectively, provided that at the moment of invoking the Theft Coverage, the Member has i) paid its fees for Theft Coverage and ii) fulfilled all criteria provided in Article 11 (including but not limited to, the timely reporting of theft or loss and properly securing the Micro-Mobility Product).

Theft Coverage. 3.3.1 A theft coverage deductable is included in the monthly usage fee. The customer agrees to report any incidents of theft to the South African Police Services and forward a copy of the police report to Hilti. The police report must stipulate the tool type and serial number of the stolen tool. The onus is on the customer to supply the Police Services with such information. 3.3.2 In the event of theft, and provided the customer has submitted a copy of the police report to Hilti, the customer shall pay over a deductable equal to 50% of the cumulative future payments in respect of the stolen Contractual Product. The cumulative future payments are equal to the sum of the remaining future monthly usage fees in respect of

Theft Coverage. In case of theft of a FM Tool, Customer shall provide a police report to Hilti, stating the FM Tool type and serial number. • Upon receipt of the police report by Hilti, Customer only has to pay a deductible of 20% of the Outstanding Future Payments FM Tools and PTP Tools shall be used for their intended purpose only, in strict compliance with the operating instructions and other instructions issued by Hilti. Where damage is caused by improper use, repair, or use other than the normal purpose, the Customer shall be liable for the loss, damage or repair costs. FM Tools and PTP Tools shall only be used with the corresponding tool inserts, parts, accessories and consumables of Hilti or with other products of equivalent quality. The Customer will not offer the FM Tools and PTP Tools for rental, in whole or in part or otherwise make them available to third parties for use, without the express prior written consent of Hilti.

Theft Coverage. A. What is Covered?

Theft Coverage. In case of theft of a FM Tool, Customer shall provide a Garda report to Hilti, stating the Tool type and serial number. • Upon receipt of the Garda report, Hilti will cover 100% of the Outstanding Future Payments as defined in clause 10.1 if the Customer replaces the stolen FM Tool with a like for like FM Tool (“Theft Coverage”). Otherwise, upon receipt of the Garda report, Customer only has to pay a deductible of 20% of the Outstanding Future Payments defined in clause 10. • The Tool Contract for the stolen FM Tool is automatically terminated upon Hilti’s receipt of a duly completed police report and no further Monthly Fleet Fees are due to be paid by Customer. • Hilti may exclude some FM Tools from Theft Coverage, a detailed list of which is available on ▇▇▇.▇▇▇▇▇.▇▇. This list of excluded items may be adjusted by Hilti from time to time. For newly added FM Tools, the list of excluded items published at the time the respective Tool Contract is concluded, is applicable. • Theft Coverage does not cover (i) cases of negligence or willful

Theft Coverage. Compensation of the damage caused by theft or attempted theft. - Compensation in the event of theft of the motor vehicle • insurance for flights of certain elements of the motor vehicle (tires, mirrors, signs of the brand etc)

Theft Coverage. In case of theft of a FM Tool, Customer shall provide a Garda Pulse report to Hilti, stating the FM Tool type and serial number. • Upon receipt of the Garda Pulse Report to Hilti, Customer only has to pay a deductible of 20% of the Outstanding Future the Tool Contract for the replaced FM Tool is automatically terminated upon the replaced FM Tool’s return.