'Hull Damage definition

'Hull Damage means damage to the main body of a Vessel, including (without limitation) the bottom, sides, and deck. 'Liability Reduction Option' means the additional fee payable by you as specified in the Hire Schedule for reduction of your liability in respect of each Vehicle to the amount specified for that option in the Hire Schedule. 'Minimum Rental Period' means 3 (three) days. F 'Multiple Rental Discount' means a 10% discount of the Rent payable for your hire of more than one Vehicle at a time. 'Nominated Driver' means the driver/s as specified in the Hire Schedule and any additional person which Bear Rentals has given its prior consent to drive the Vehicle.

Examples of 'Hull Damage in a sentence

  • Charterer remains fully liable and security Hull Damage Waiver insurance does not apply if loss or damage results from Charterer being under the influence of alcohol or a controlled substance, or through negligence.

  • The charterer will pay for compulsory Hull Damage Waiver cover which will limit their liability to US$1000 per incident.

  • The charterer will pay for compulsory Hull Damage Waiver cover which will limit their liability to US$2000 per incident.

Related to 'Hull Damage

  • Loss or Damage means any loss or damage to the Vehicle, including that caused by theft of the Vehicle or by adverse weather events, that requires repair or replacement including the loss of use of the Vehicle (demurrage), legal expenses, assessment fees, towing and recovery costs, storage, service charges and any appraisal fees of the Vehicle;

  • Structural damage means a covered building, regardless of the date of its construction, has experienced the following.

  • Direct Damage has the meaning given in clause 24.2; "Dispute" has the meaning given in clause 23.1;

  • Accidental Damage means physical damage, breakage or failure of Your Covered Equipment due to an unforeseen and unintentional event occurring either due to handling (e.g., dropping the Covered Equipment or through liquid contact) or due to an external event (e.g., extreme environmental or atmospheric conditions). The damage must affect the functionality of Your Covered Equipment, which includes cracks to the display screen that affect the visibility of the display.

  • Catastrophic Damage as used hereunder is major change or damage to In- cluded Timber on Sale Area, to Sale Area, to access to Sale Area, or a combination thereof: