Loss Due To Theft or Catastrophe Sample Clauses

Loss Due To Theft or Catastrophe. The Employer will provide insurance coverage at replacement value for the loss of tools and tool boxes due to documented theft from County, loss due to catastrophe on County premises, or loss due to accident on County premises. It will be the responsibility of employees to ensure that tools are kept secure in a locked tool box when they are not in use. For insurance purposes, it will be the responsibility of employees to provide .the Employer with an inventory list of tools kept in their tool box, to be updated on a semi-annual basis and approved by the Employer at that time. A copy of this inventory list is to be kept in the employee's departmental operations personnel file. The Employer reserves the right to inspect the employee's tool box for consistency with the list provided. In the event that tools listed on the inventory list are not in the tool box, the employee is to be provided 24 hours to produce the tool(s) and return same to the tool box. If the employee has tools missing from his or her tool box on a recurrent basis, then the County may withdraw the employee's insurance benefit or take other corrective action.
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Related to Loss Due To Theft or Catastrophe

  • Catastrophic Leave The County will administer a Catastrophic Leave procedure designed to permit individual donations of annual leave, vacation, healthcare leave (8 hours maximum per fiscal year), compensatory and/or PIP leave time to an employee who is required to be on an extended unpaid leave due to a catastrophic medical condition or other serious circumstances.

  • Loss A Loss (also referred to as dilution) results when a fund or, in the case of a multi-class fund, a class either (1) has paid excess redemption proceeds as a result of an overstated NAV or (2) has received insufficient subscription monies as a result of an understated NAV (in either case, transacting shareholders benefit from transacting at the misstated NAV, to the detriment of the fund or class).

  • Consequential Loss Notwithstanding anything contained in this Agreement, neither Party shall be liable to the other Party for any indirect, special, consequential, punitive, and/or exemplary damages or losses arising from any act or omission by that Party relating to this Agreement and each Party (the “Indemnifying Party”) shall defend, indemnify and hold the other Party (the “Indemnified Party”) harmless in respect of any and all such indirect, special, consequential, punitive, and/or exemplary damages or losses suffered or incurred by the Indemnifying Party (provided that nothing in this Clause 16 shall relieve any Party from any express obligation under this Agreement to make any payment to another).

  • Policy or Group Grievance Where a dispute involving a question of general application or interpretation occurs, or the Union has a grievance, Steps 1 and 2 may be by-passed.

  • Vandalism Or Malicious Mischief This peril does not include loss to property on the "residence premises", and any ensuing loss caused by any intentional and wrongful act com- mitted in the course of the vandalism or malicious mischief, if the dwelling has been vacant for more than 60 consecutive days immediately before the loss. A dwelling being constructed is not consid- ered vacant.

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