Liability Reduction Option definition

Liability Reduction Option means the Liability Reduction Option described in clause 22. ‘Rental Period’ means the hire period or any agreed variation thereof and any additional period during which the Vehicle is in the Customer’s possession or control.
Liability Reduction Option means the Liability Reduction Option described in clause 22.
Liability Reduction Option means the damage liability reduction option that You decided to have purchased for the period of hire pursuant to clause 9.

Examples of Liability Reduction Option in a sentence

  • If the Customer did not purchase the Liability Reduction Option at the commencement of the Rental Period and paid a Liability Deposit, the Customer acknowledges that a new Liability Deposit will be required to be paid for the exchange Vehicle.

  • Customers requiring Vehicle towing and Vehicle recovery from a road listed within this section will be responsible for up to AU$8,000 for towing and Vehicle recovery in the event of not having this cover irrespective of the Liability Reduction Option being selected.

  • This charge applies irrespective of the Liability Reduction Option being taken.

  • If Britz exercises its right to terminate the Liability Reduction Option, or if the Customer did not purchase the Liability Reduction Option at the commencement of the Rental Period for the first Vehicle, the Customer will be responsible for the cost of any Damage up to the first NZ$5,000 (for the HiTop, Voyager and Action Pod) or NZ$7,500 (for all other campervans) for the exchange Vehicle.

  • If Britz exercises its right to terminate the Liability Reduction Option, a Liability Deposit will be required to be paid by the Customer at the time of provision of the exchange Vehicle.


More Definitions of Liability Reduction Option

Liability Reduction Option means any option offered by the Company from time to time for reducing the applicable Liability Fee, and includes ‘Liability Reduction A’, ‘Liability Reduction B’, ‘Cover One’ and ‘SVR Cover’ as detailed on our Website; “Loss” includes all losses, damages, outgoings, charges, penalties, fines, costs and expenses (including lawyers’ fees and expenses) of whatever description and whether present, unascertained, contingent or prospective and whether or not in the nature of consequential loss; “Material Fact” means any fact about you that had it been disclosed to us might reasonably be expected to have resulted in our refusing to enter into this Agreement; “Excess Kilometre Charge” means an amount charged per kilometre over the ‘kilometre allowanceas specified in your rental agreement; “One Way Fee” means the fee specified as such on the Details Page or Policies Page as being the applicable fee for returning the Vehicle to an approved depot other than the Pickup Location; “Outback Fee” means the fee specified as such on the Details Page or Policies Page as being payable for using the Vehicle in any Outback Region, and in the absence of any other specification means the sum of $10 per day during the Total Term; “Outback Region” means any outback region or route specified on the Area of Use diagram appearing on the Details Page or Policies Page, and includes any region or route shaded in grey therein; “Permitted Area of Use” means the whole of Australia other than any Prohibited Area; “Pickup Location” means the premises from which you take Possession of the Vehicle on the Start Date or such other premises nominated as such on the Details Page or Policies Page; “Policies Page” means the policies page on our Website; “Possession” means any degree of possession and includes custody; “Prohibited Area” means any area identified as such in this Agreement or on our Policies Page; “Prohibited Area Fee” means the sum of $2,000, or any other sum describes as such on the Details Page or Policies Page; “Refuelling Fee” means a sum equal to the cost of refilling the Vehicle’s fuel tanks, plus a $20 administration fee; “Remote Location Fee” means the sum stated beside each location identified in the definition of ‘Remote Location’, or any other sum specified as such on the Details Page or Policies Page, as being payable if you elect to collect or return the Vehicle from a Remote Location; “Remote Location” means any location identified as such on the Details Page or the Po...
Liability Reduction Option means either the “Extra” or “VIP” liability reduction options described in clause 30 (a). “Rental Period” means the agreed hire period or any agreed variation of such and any additional period during which the Vehicle is in the Hirer’s possession or control. Terms defined on the front page of this agreement and in the main body of these terms and conditions shall have the defined meaning in the whole agreement.
Liability Reduction Option means the Liability Reduction Option described in clause 21.
Liability Reduction Option means the Collision Damage Waiver as described in clause 20.4. ‘Rental Period’ means the hire period or any agreed variation thereof and any additional period during which the Vehicle is in the Customer’s possession or control. ‘Vehicle’ means the Vehicle hired by the Customer and includes tyres, tools, accessories, and all other equipment, documents or additional hire items related to the Vehicle and any replacement or substitute Vehicle that may be provided. ‘Vehicle Security Deposit’ means the amount paid by the Customer on pick up of the Vehicle to cover any liability or other amounts owed by the Customer under this Agreement.
Liability Reduction Option means any option offered by the Company from time to time for reducing the applicable Liability Fee, and includes ‘Liability Reduction 1’, ‘Liability Reduction B’, ‘Cover One’, ‘Cover Plus’ and ‘SVR Cover’ among others, as detailed on our Website; “Loss” includes all losses, damages, outgoings, charges, penalties, fines, costs and expenses (including lawyers’ fees and expenses) of whatever description and whether present, unascertained, contingent or prospective and whether or not in the nature of consequential loss;
Liability Reduction Option. “ means any option offered by the Company from time to time for reducing the applicable Liability Fee, and includes ‘Cover One’, ‘Cover Plus’ and ‘SVR Cover’ among others. “Loss“ includes all losses, damages, outgoings, charges, penalties, fines, costs and expenses (including lawyers’ fees and expenses) of whatever description and whether present, unascertained, contingent or prospective and whether or not in the nature of consequential loss; “Material Fact“ means any fact about you that had it been disclosed to us might reasonably be expected to have resulted in our refusing to enter into this Agreement; “One Way Fee“ means the fee specified as such on the Details Page or Policies Page as being the applicable fee for returning the Vehicle to an approved depot other than the Pickup Location; “Permitted Area of Use“ means the whole of Australia other than any Prohibited Area; “Pickup Location“ means the premises from which you take Possession of the Vehicle on the Start Date or such other premises nominated as such on the Details Page or Policies Page; “Policies Page“ means the policies page on our Website and any relevant documents linked on said page; “Possession“ means any degree of possession and includes custody; “Prohibited Area“ means any area identified as such in this Agreement or on our Policies Page; “Prohibited Area Fee“ means the sum of $2,000, or any other sum describes as such
Liability Reduction Option means the Mighty Confident, as described in clause 20.4.