Common use of TITLE AND RISKS Clause in Contracts

TITLE AND RISKS. Title to the Rented Object shall not pass to Customer unless the parties to this rental agreement have agreed otherwise in writing. Notwithstanding the foregoing and/or the MCR GTC, all risks of (partial) damage, destruction or loss of the Rented Object during the rental period shall be borne by Customer and Customer hereby agrees to hold MCR harmless for any losses resulting from (partial) damage, destruction or loss of the Rented Object during the rental period.

Appears in 1 contract

Sources: Rental Agreement

TITLE AND RISKS. Title to the Rented Object shall not pass to Customer Hirer unless the parties to this rental agreement have agreed otherwise in writing. Notwithstanding the foregoing and/or the MCR GTC, all risks of (partial) damage, destruction or loss of the Rented Object during the rental period shall be borne by Customer Hirer and Customer Hirer hereby agrees to hold MCR harmless for any losses resulting from (partial) damage, destruction or loss of the Rented Object during the rental period.

Appears in 1 contract

Sources: Rental Agreement