CDW definition

CDW means CDW Corporation, an Illinois corporation and indirect wholly-owned subsidiary of the Company following the consummation of the Merger.
CDW means Collision Damage Waiver. “Loss of Use" means the loss of our ability to use the Vehicle for our purposes due to Vehicle damage or loss during this rental, including, without limitation, use for rent, display for rent and sale, opportunity to upgrade or sell, or transportation of employees. Damages for Loss of Use are often difficult to determine with precision. Therefore, you and we agree that Loss of Use will be calculated by multiplying the number of days from the date the Vehicle is damaged until it is replaced or repaired multiplied by the daily rental rate, which you and we agree represents a reasonable estimate of actual damages and not a penalty. Loss of Use shall be payable regardless of whether we had other vehicles in our fleet to rent, or the Vehicle would have been used but for the damage “Diminished Value” means the difference between the value of the Vehicle just prior to damage or loss and the value of the Vehicle after repair or replacement as calculated by a third-party estimate obtained by us or on our behalf. “Vehicle License Cost Recovery Fee” means our estimate of the average per day per vehicle portion of our total annual vehicle licensing, titling, and registration costs that we are permitted to recover under applicable law. “Remote Areas” means geographic areas that are unsafe to travel without taking some important precautions such as determining road and weather conditions. Remote Areas include, without limitation, Death Valley or any area described on a map as a desert. Vehicles may not be driven in Remote Areas without the prior written consent on Apollo, which consent may be withheld in Xxxxxx’s sole discretion. "Gross Rental Rate" means the nett rate including the applicable commission.

Examples of CDW in a sentence

  • Failure to comply with this restriction will result in a penalty of a minimum of $5,000.-, void of CDR and CDW and renter’s responsibility for all costs involved (including, but not limited to, damage and cleaning).

  • The following amounts will be authorized depending on coverage: Basic Insurance: $7,500.00 + tax CDR agreement: $750.00 + tax CDW agreement: $100.00 + tax In the event of an accident, FRASERWAY will retain the security deposit until the motor vehicle insurance company determines liability for the accident.

  • Note: Where the Customer has opted for the CDW option and has complied with its terms stated above (clause 15), no excess will be charged in the event of a Road traffic accident (RTA) or collision, but they should be aware that the £1000 Security Deposit will be used to fund any loss or damage what so ever to equipment, fixtures and fittings, windows, valeting or upholstery fees or negligent damage to the vehicle.

  • In this event neither the Basic Insurance nor Collision Damage Waiver (CDW) will apply and the Customer will be responsible for the repair of all damages.


More Definitions of CDW

CDW means Collision Damage Waiver. "Collision damage" means damage to, or loss of, the vehicle caused by collision or upset; it does not include damage to, or loss of, the vehicle due to theft, vandalism, act of nature, riot or civil disturbance, hail, flood or fire. "Loss of use" means the amount calculated by multiplying the number of days from the date of damage to the vehicle until it is repaired multiplied by the periodic rental for that vehicle.
CDW has the meaning provided in the introductory paragraph of this Indenture.
CDW is defined in Section 10(b).
CDW means Collision Damage Waiver. “Loss of Use" means the loss of our
CDW means Collision Damage Waiver. “Loss of Use" means the loss of our ability to use the Vehicle for our purposes due to Vehicle damage or loss during this rental, including, without limitation, use for rent, display for rent and sale, opportunity to upgrade or sell, or transportation of employees. Damages for Loss of Use are often difficult
CDW has the meaning provided in the introductory paragraph hereof.