Limitation on Value of Personal Property Sample Clauses

Limitation on Value of Personal Property. Renter agrees not to store a Vehicle in the Rented Space with a total value in excess of Two Thousand Five Hundred Dollars ($2,500.00) without the prior written permission of the Owner. If such written permission is not obtained, the value of Vehicle shall be deemed not to exceed Two Thousand Five Hundred ($2,500.00). By this Rental Agreement, Owner is generally not liable for the loss of Renter’s Vehicle. In the event any competent court of law adjudicates Owner liable for any loss, for any reason, damages shall be limited as described in the next Paragraph. This provision shall not constitute an admission that Renter’s Vehicle or Personal Property has any value whatsoever. Higher value limits may be available from Owner for additional consideration if so requested by Renter in writing to Owner within a reasonable period of time after the commencement of the Rental Agreement, see Owner for details. Notwithstanding anything to the contrary in this Rental Agreement or any Addendum which seeks to modify the limit of value of Vehicle or Personal Property stored, in no event will Owner or Owner’s agents be liable to Renter or Renter’s agents for an amount in excess of Two Thousand Five Hundred Dollars ($2,500.00), for any loss or damage whatsoever, including, but not limited to, the active or passive acts, the omissions or negligence of Owner or Owner’s agents. Renter will not xxx Owner or Owner’s agents with respect to any claim, cause or action, loss, or injury to the extent liability therefore has been limited or eliminated pursuant to this Provision. So long as Renter complies with the requirements of Provisions 11 and 13, Owner does not concern itself with the type, quantity, or quality of the Personal Property stored.
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Limitation on Value of Personal Property. Tenant agrees not to store personal property in the Unit with a total value in excess of Five Thousand Dollars ($5,000.00) without the prior written permission of the Owner. If such written permission is not obtained, the total value of personal property stored in the Unit shall be deemed not to exceed Five Thousand Dollars ($5,000.00). The Unit is not appropriate for storage of irreplaceable personal property such as books, writings, paintings, or objects which have an unknown immediate resale market value, or objects which have a special, sentimental, or emotional value to Tenant. Tenant agrees that Owner is not liable for the loss of personal property. In the event any competent court of law adjudicates Owner liable for any loss, for any reason, damages shall be limited as described in the next paragraph. This provision shall not constitute an admission that personal property stored in Unit has any value whatsoever. Notwithstanding anything in this Rental Agreement, in no event will Owner or Owner’s agents be liable to Tenant or Tenant’s agents for an amount in excess of Five Thousand Dollars ($5,000.00) for any loss or damage whatsoever, including, but not limited to, the active or passive acts, omissions, or negligence of Owner or Owner’s agents. Tenant will not xxx Owner or Owner’s agents with respect to any claim, cause or action, loss, or injury to the extent liability has been limited or eliminated pursuant to this provision. So long as Tenant complies with the requirements of Sections 7 and 8, Owner does not concern itself with the type, quantity, or quality of the personal property stored.
Sample 1

Related to Limitation on Value of Personal Property

  • REPLACEMENT OF PERSONAL PROPERTY (A) An employee, while on duty and acting within the scope of employment, who suffers damage or destruction of the employee’s watch or prescription glasses, or other items of personal property as have been given prior approval by the agency as required to adequately perform the duties of the position, will be reimbursed as provided herein.

  • LOSS OF PERSONAL PROPERTY The board will not be responsible for any employee’s loss of personal property brought to a school or work site; however, in the event an employee’s personal property is lost or damaged as a direct result of a disaster, such as hurricane, fire, flood, etc., the board will reimburse the employee’s loss or damage in an amount not to exceed $500 per occurrence. In order for an employee to be eligible for such reimbursement, the personal property for which the employee makes a claim must have been pre-approved for use by the employee in connection with the employee’s duties, as evidenced by a written approval form signed by the employee’s principal or site supervisor and by the employee. In addition to the approval form, the employee must attach to the form proof of the property’s value, i.e. receipt, etc. The employee will be responsible for presenting a copy of the approval form in order to secure payment for loss. Payment will not be made unless the form is presented. The maximum amount an employee may receive for loss in any single occurrence is a total of $500, regardless of the amount or number of items approved for use in connection with the employee’s duties.

  • Use of Personal Vehicles If the Employer is unable to provide transportation for the employee for projects located within ZONE II or ZONE III and the employee is requested to use his own vehicle by the Employer, the following shall apply:

  • Coordination of Definitions with U.S. Treasury Regulations Notwithstanding Article 1 of this Agreement and the definitions provided in the Annexes to this Agreement, in implementing this Agreement, [FATCA Partner] may use, and may permit [FATCA Partner] Financial Institutions to use, a definition in relevant U.S. Treasury Regulations in lieu of a corresponding definition in this Agreement, provided that such application would not frustrate the purposes of this Agreement.

  • Removal of Personal Property All articles of personal property owned by Tenant or installed by Tenant at its expense in the Premises (including business and trade fixtures, furniture and movable partitions) shall be, and remain, the property of Tenant, and shall be removed by Tenant from the Premises, at Tenant's sole cost and expense, on or before the expiration or sooner termination of this Lease. Tenant shall repair any damage caused by such removal.

  • Property Inventory and Protection of Assets Grantee will;

  • Use of Personal Vehicle Employees will not be required to use their personal vehicle for Company business.

  • Accumulation of Personal Leave Unused personal leave accumulates from year to year to a maximum of 729.6 hours (or 768 hours if the employee normally works eight or more hours per day).

  • Use of Personal Leave An employee may use personal leave credits to conduct personal business that cannot be conducted outside of normal working hours and for personal emergencies.

  • Indemnity Limitation for TIPS Sales Texas and other jurisdictions restrict the ability of governmental entities to indemnify others. Vendor agrees that if any "Indemnity" provision which requires the TIPS Member to indemnify Vendor is included in any TIPS sales agreement/contract between Vendor and a TIPS Member, that clause must either be stricken or qualified by including that such indemnity is only permitted, "to the extent permitted by the laws and constitution of [TIPS Member's State]” unless the TIPS Member expressly agrees otherwise. Any TIPS Sale Supplemental Agreement containing an "Indemnity" clause that conflicts with these terms is rendered void and unenforceable.

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