Wear and tear definition

Wear and tear means damage or a reduction in value through age, ordinary use or lack of maintenance.

Wear and tear means the gradual deterioration associated with normal use and age of the Equipment and its Components.

Wear and tear means a reduction in value through age, natural deterioration, ordinary use, depreciation due to use, damage by exposure to the light, lack of maintenance or damage which happens gradually over a period of time. Examples of things that are likely to be affected include fencing, flat roofs, carpets and flooring and clothing.

Examples of Wear and tear in a sentence

• Wear and Tear: The deterioration of a part or material beyond the manufacturer’s specified tolerances that occur naturally over time and under normal operating conditions.

• At the time of Interchange, the Parties or their agents shall execute an Equipment Interchange Receipt and/or exchange an electronic receipt equivalent, which shall describe the Equipment and any Damage observable thereon at the time of Interchange, reasonable Wear and Tear excepted.

• Subject to clause 3.6 and Fair Wear and Tear, to make good any damage caused to the Premises and/or the Furniture and the Inclusions by the Tenant or Tenant's Employees.

• You will receive compensation on the basis of the value of replacement by equivalent objects of the same kind, Obsolescence and Wear and Tear.

• In lieu of a security deposit, a Lease Provider may assess a fee at the end of the Lease Term for a Lease Vehicle that exceeds Normal Wear and Tear.

More Definitions of Wear and tear

Wear and tear means the normal expected deterioration of the insured asset arising from normal usage and age.

Wear and tear means damage or the gradual deterioration in operating performance of a covered component which naturally and inevitably occurs as a result of normal use, wear or ageing.

Wear and tear means corrosion, erosion, wasting, wearing away, abrasion or other gradual deterioration including that caused by atmospheric conditions and includes the cost of maintenance, normal upkeep and routine making good.

Wear and tear means damage or a reduction in value through age, ordinary use or lack of maintenance. COVERING CLAUSE (APPLICABLE FOR BUILDINGS AND/OR CONTENTS) The Company will cover the Buildings and/or Contents as shown on the Schedule during the Period of Takaful. This cover will be given on the basis:-

Wear and tear means damage to Components which have reached the end of their normal effective working lives because of gradual reduction in operating performance.

Wear and tear means damage or a reduction in value through age, ordinary use of lack maintenance. COVERING CLAUSE In respect of Covered Event occurring during the Period of Takaful and subject to limitations, exclusions and conditions contained or endorsed in the Takaful Certificate, the Company will pay or reinstate or repair for loss or damage to the covered property caused by fire or lightning. CONDITIONS The Proposal including all future or subsequent Proposal or Schedule thereof shall be read together and shall form as an integral part of this Takaful Certificate. Any word or expression to which a specific meaning has been attached in any part of the Proposal, in the Schedule, or the Takaful Certificate shall bear such meaning wherever it may appear. 1. DUTY OF DISCLOSURE The duty of disclosure is different for a Consumer Takaful Certificate and for a Non-Consumer Takaful Certificate. They are separately outlined below:

Wear and tear means damage or a reduction in value through age, ordinary use or lack of maintenance. “We, Our and Us” means Allianz General Insurance Company (Malaysia) Berhad 200601015674 (735426-V).