LDW definition

LDW. (Loss Damage Waiver/Reduction) means the fee to reduce the Damage Liability Fee and, if You accept LDW on Part A, You agree to pay the LDW fee.
LDW means the amount shown in the Rental Agreement which You agree to pay immediately in case of loss or damage to the Vehicle, Accessories or any third party property, regardless of fault.
LDW means Loss Damage Waiver. The Vehicle may be equipped with global positioning satellite (“GPS”) technology or other telematics system and/or an event data recorder, and privacy is not guaranteed. The electronic locator device may use cellular telephone or radio signals to transmit data, and therefore your privacy cannot be guaranteed. “Loss of Use” means the loss of our ability to use the Vehicle for any purpose—including non-rental uses such as dis- play of the Vehicle, display of the Vehicle for sale, non-revenue transportation by employees - due to damage to it or loss of it during this rental. Loss of Use damages are often difficult to determine exactly; therefore, you and we agree that Loss of Use for this rental will be calculated by multiply- ing the number of days from the date the Vehicle is damaged or lost until it is replaced or repaired (maximum 14 days) times the daily rental rate. “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.

Examples of LDW in a sentence

  • Balance is due 30 days prior to arrival date and includes a refundable damage deposit or a Limited Damage Waver (LDW).

  • Please note, we require a $1,000 REFUNDABLE SECURITY DEPOSIT in lieu of the Limited Damage Waiver (LDW) on any stays over 28 nights.

  • LDW does not cover loss or damage due to you or your family’s willful acts or gross negligence.

  • Scheduling vacation leave for Distribution Center employees (LDW 1, LDW 2, and LDEO).

  • Balance is due 45 days prior to arrival date and includes a refundable damage deposit or the LDW payment.

  • Section 28.6 Scheduling compensatory time off for the Distribution Center employees (LDW 1, LDW 2, and LDEO).

  • The Total Cost does not include other fees and charges like sales tax, LDW, or late fees.

  • FAILURE TO COOPERATE FULLY MAY VOID ALL LIABILITY PROTECTION, PAI/ PEC, LIS, LDW, LLDW AND PDW.

  • If you purchase LDW or PDW, we waive your responsibility for the portion of damage to or loss of the Vehicle that is stated on the Face Page.

  • All fees charged to the customer to waive deductibility in insurance, e.g., collision damage waiver (CDW), loss damage waiver (LDW), etc.


More Definitions of LDW

LDW means Loss Damage Waiver. “PDW” means Partial Loss Damage Waiver, and is not offered in the states of California, Colorado, Minnesota, Nevada, North Carolina, Oregon, and Virginia. “Loss of Use” means the loss of our ability to use the Vehicle for any purpose (including, but not limited to non-rental uses such as general display of the Vehicle, display of the Vehicle for sale, non-revenue transportation by employees) due to damage to or loss of the Vehicle during your rental. “Diminished Value” means the difference between the value of the Vehicle immediately prior to damage or loss, and the value of the Vehicle after repair or replacement. “Vehicle License Fee” means our estimate of the average per day per vehicle portion of charges imposed by governmental authorities on us, including our total annual vehicle licensing, titling, plating, inspection, and registration costs, or to recover other similar charges as permitted by applicable law. We do not charge Vehicle License Fees in New Jersey or New York. For Virginia, the “Vehicle License Fee” means our estimated average per day per vehicle portion of our total annual vehicle licensing, titling, and registration costs.
LDW means Loss Dam- age Waiver. “PDW” means Partial Loss Damage Waiver. The Vehicle may be equipped with an electronic locator device that allows us to find the Vehicle and to disable it if we deem necessary. The electronic locator device may use cellular telephone or radio signals to transmit data, and therefore your privacy cannot be guaranteed. “Loss of Use” means the loss of our ability to use the Vehicle for any purpose—including non-rental uses such as display of the Vehicle, display of the Vehicle for sale, non-revenue transportation by employees—due to damage to it or loss of it during this rental. Loss of Use damages are often difficult to determine exactly; therefore, you and we agree that Loss of Use for this rental will be calculated by multiplying the number of days from the date the Vehicle is damaged or lost until it is replaced or repaired times of the daily rental rate. “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. “Vehicle License Fee” means our estimate of the average per day per vehicle portion of our total annual vehicle licensing, titling, and registration costs.
LDW means Loss Damage Waiver. “PDW” means Partial Loss Damage Waiver, and is not offered in the states of California and Nevada. “Loss of Use” means the loss of our ability to use the Vehicle for any purpose (including, but not limited to non-rental uses such as general display of the Vehicle, display of the Vehicle for sale, non-revenue transportation by employees) due to damage to or loss of the Vehicle during your rental. “Diminished Value” means the difference between the value of the Vehicle immediately prior to damage or loss, and the value of the Vehicle after repair or replace- ment. “Vehicle License Fee” means our estimate of the average per day per vehicle portion of charges imposed by governmental authorities on us, including our total annual vehicle licensing, titling, plating, inspection, and registration costs, or to recover other similar charges as permitted by applicable law.
LDW means Loss Damage Waiver. The Vehicle may be equipped with an electronic locator device that allows us to find the Vehicle and to disable it if we deem necessary. "Loss of Use" means the loss of our ability to use the Vehicle for any purpose—including non-rental uses such as display of the Vehicle, display of the Vehicle for sale, non-revenue transportation by employees—due to damage to it or loss of it during this rental. Loss of Use damages are often difficult to determine exactly; therefore, you and we agree that Loss of Use for this rental will be calculated by multiplying the number of days from the date the Vehicle is damaged or lost until it is replaced or repaired times 80% of the daily rental rate. “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. “Vehicle License Fee” means our estimate of the average per day per vehicle portion of our total annual vehicle licensing, titling, and registration costs.
LDW means Loss Damage Waiver. “PDW” means Partial Loss Damage Waiver The Vehicle may be equipped with global positioning satellite (“GPS”) technology or other telematics system and/or an event data recorder, and pri- vacy is not guaranteed. The electronic locator device may use cellular telephone or radio signals to transmit data, and therefore your privacy cannot be guaranteed. “Loss of Use” means the loss of our ability to use the Vehicle for any purpose – including non-rental uses such as display of the Vehicle, display of the Vehicle for sale, non-revenue transportation by employees - due to damage to it or loss of it during this rental. Loss of Use damages are often difficult to determine exactly; therefore, you and we agree that Loss of Use for this rental will be calculated by mul- tiplying the number of days from the date the Vehicle is damaged or lost until it is replaced or repaired times the daily rental rate. “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. “Vehicle License Cost Recovery Fee” means our esti- mate of the average per day per vehicle portion of our total annual vehicle licensing, titling, and registration costs
LDW means any option that respondent offers that limits or eliminates a renter's liability to respondent for loss of or damage to the respondent's vehicle during the pendency of the rental agreement.

Related to LDW

  • Commercial Code means the French Commercial Code.

  • Model Code shall refer to the OEM code used to identify a particular subset of a Vehicle Model.

  • Municipal Code means the Municipal Code of Chicago.

  • UCC means the Uniform Commercial Code as in effect from time to time in the State of New York.

  • State Pledge means the pledge of the State of Michigan as set forth in Section 10n(2) of the Securitization Law.