THEFT WARNING Clause Samples
The THEFT WARNING clause serves to alert parties to the risks and responsibilities associated with theft in relation to the subject matter of the agreement. Typically, this clause notifies users or participants that they are responsible for safeguarding their property and that the provider or organizer is not liable for losses due to theft. For example, in a rental or event context, it may remind attendees to secure their belongings and clarify that the venue is not accountable for stolen items. The core function of this clause is to allocate risk by making clear that the responsibility for preventing theft lies with the individual, thereby limiting the liability of the other party.
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THEFT WARNING. Failure to return Equipment on the expiration and due date in certain circumstances, will be considered a theft, resulting in a criminal prosecution.
THEFT WARNING. Wrongfully obtaining, retaining or controlling property or services of another which is/are available only for compensation, by deception, threat, false token, or other means to avoid payment may be deemed theft, resulting in CIVIL LIABILITY AND/
THEFT WARNING. Wrongfully obtaining, exercising control over, or diverting the use of, the property or services of another may be deemed THEFT exposing you to civil liability and/or CRIMINAL PENALTIES. See New York Penal Law § 165.15, et seq, and its/their successor provision(s) for details.