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.