PERSONAL PROPERTY AND INSURANCE Sample Clauses

PERSONAL PROPERTY AND INSURANCE. The University shall not be liable for loss of or damage to Student's personal property, wherever situated, due to fire, smoke, power outage, theft, water, electric surge, or any other casualty or cause. Student is encouraged to obtain insurance adequately covering loss of or damage to Student’s personal property. The University does not provide such coverage.
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PERSONAL PROPERTY AND INSURANCE. Georgia Institute of Technology, its officers, employees or agents are not responsible for the loss, damage, or destruction of the Student's personal property. Although precautions are taken to maintain adequate security and maintenance, Georgia Institute of Technology does not assume any legal obligation to pay for injury to persons (including death), or loss of or damage to items of personal property which occurs in its buildings or on its grounds, prior to, during, or subsequent to the term of this Contract. Student is strongly encouraged to purchase and maintain appropriate rental insurance or confirm that their family homeowner’s policy will cover such possible losses. If insurance coverage is desired, it is the Student's responsibility to acquire such coverage.
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PERSONAL PROPERTY AND INSURANCE. The University cannot assume responsibility for loss or damage from any cause to the personal property of the Student, nor will the University assume responsibility for any liability, personal or property for the Student. It is strongly encouraged that the Student has insurance for protection against such losses.
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PERSONAL PROPERTY AND INSURANCE. MIT is not responsible for the personal property of Licensees, their family members, or their guests. This includes items delivered to MIT on Licensee's behalf, property in trunk rooms and other storage areas, and property in individual MIT graduate student housing units. MIT strongly recommends that all Licensees procure personal property insurance to protect their property from loss or damage due to theft, fire, flood, water leakage, vandalism, and any other hazards. Licensee acknowledges and agrees that personal property insurance will be the sole means to recover for such losses. Licensees who choose not to procure personal property insurance do so at their own risk. MIT also recommends that Licensees keep all housing unit windows and doors locked at all times. It is Licensee's responsibility to secure personal property during vacation periods and any belongings left behind during such periods are, and remain, the sole responsibility of Licensee. HRS reserves the right to remove and dispose of any unidentified or unclaimed items from storage areas during and after occupancy. Note: MIT's Office of Insurance has recommended College Student Insurance (now Xxxxxx X. Xxxxxxxxx & Co.) for students interested in purchasing renter's insurance. More information and instructions to enroll can be found at xxxxx://xxx.xxxxxxxxxxxxxxxxxxxxxxx.xxx. • Extermination: Upon adequate notice (usually a minimum of 48 hours), Licensee must provide the House Operations Manager or authorized representative with reasonable access to his/her student housing and must prepare the space for the purpose of extermination of insects and vermin. Licensee must actively comply with extermination and treatment plan. Failure to conform to these requirements or make alternative arrangements with the House Operations Manager shall be a violation of this License Agreement and Licensee will be assessed a charge in order to prepare the student housing space for extermination at a future date. If a Licensee becomes aware of insects or vermin on the premises, Licensee should immediately notify the House Operations Manager.
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PERSONAL PROPERTY AND INSURANCE. You are responsible for your personal property and the decoration of the interior of your home. We are not responsible for the loss or damage to any personal property unless the damage or loss is caused by the Council’s negligence. Please contact your Housing Officer if you need support managing your tenancy We strongly recommend that you have contents insurance in place.
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PERSONAL PROPERTY AND INSURANCE. Owner/Agent’s insurance does not cover Resident(s) personal possessions in the event of loss or damage due to fire, windstorm, flood, theft, vandalism, plumbing problems (water or sewer) or other similar cause. Landlord does not warrant, Represent or Guarantee the safety of Resident(s), occupants or guest’s personal property. Resident(s) hereby releases Landlord from any and all claims for damage or loss to Tenant(s)personal property and shall indemnify and hold landlord harmless, including Landlord’s attorney fees and costs, from any claims associated with Resident(s) personal property regardless of by whom such claims are brought, including Resident(s) insurer. Landlord advises Resident(s) to obtain insurance for losses due to theft, fire, smoke, water damage, and the like. Landlord’s insurance policies provide no coverage for Resident(s) property, including Resident(s) automobile.
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PERSONAL PROPERTY AND INSURANCE. MIT assumes no responsibility for loss or damage to personal property. This includes, but is not limited to, loss by fire, theft, unexplained disappearance, spoilage, water, or malfunction of electrical or mechanical systems. Residents are strongly encouraged to obtain insurance to cover personal property if the homeowner’s insurance carried by a resident's parent/guardian does not cover their property. MIT may remove, dispose of, or destroy, and will not be responsible for, any personal property not removed from student housing within 48 hours after the termination of this Housing Agreement, including, without limitation, early termination due to withdrawal, expulsion, or violation of MIT policies. Note: MIT's Office of Insurance has recommended College Student Insurance (now Xxxxxx X. Xxxxxxxxx & Co.) for students interested in purchasing renter's insurance. More information and instructions to enroll can be found athttps://www.collegestudentinsurance.comThis link opens in a new window. Meal Plan A meal plan is required for all students residing in Xxxxxx Xxxx, Xxxxx House, XxXxxxxxx Hall, Next House, Xxxxxxx Xxxx, and 405 Memorial (Pi Beta Phi). Required participation levels for all meal plan holders are determined by residence location and number of terms completed as set forth in the House Dining Meal Plan Contract Terms and Conditions 2019-2020. No full or partial abatements will be granted for students. Students who wish to cancel their meal plan due to relocation must do so through MIT Dining. Students moving out of MIT housing can cancel through their housing cancellation form. Taking a Leave Students take leave from MIT for several reasons. Most requests for leave are processed by Student Support Services (i.e., Personal Leave, Medical Leave) or are voted on by the Committee on Academic Performance (i.e., Required Academic Leave). Students who have taken leave and are not registered are required to vacate their on-campus housing assignment within 72 hours following official leave. Housing is guaranteed to students who are returning to MIT from leave. HRS coordinates with Student Support Services to determine the priority and necessity of housing for all students returning from leave.
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Related to PERSONAL PROPERTY AND INSURANCE

  • Personal Property Insurance Lessee shall obtain, at Lessee's sole cost and expense, a policy of fire and extended coverage insurance including coverage for direct physical loss special form, and a sprinkler leakage endorsement insuring the personal property of Lessee. The proceeds from any personal property damage policy shall be payable to Lessee. All insurance policies required in 6 C) and 6 D) above shall: (i) provide for a certificate of insurance evidencing the insurance required herein, being deposited with Lessor ten (10) days prior to the Commencement Date, and upon each renewal, such certificates shall be provided 15 days prior to the expiration date of such coverage, (ii) be in a form reasonably satisfactory to Lessor and shall provide the coverage required by Lessee in this Lease, (iii) be carried with companies with the a Best Rating of A minimum, (iv) specifically provide that such policies shall not be subject to cancellation or reduction of coverage, except after 30 days prior written notice to Lessor, (v) name Lessor, Lessor's lender, and any other party with an insurable interest in the Premises as additional insureds by endorsement to policy, and (vi) shall be primary. Lessee agrees to pay to Lessor, as additional Rent, on demand, the full cost of the insurance policies referenced in 6 A) and 6 B) above as evidenced as insurance xxxxxxxx to Lessor which shall be included in the CAC. If Lessee does not occupy the entire Premises, the insurance premiums shall be allocated to the portion of the Premises occupied by Lessee on a pro-rata square footage or other equitable basis, as determined by Lessor. It is agreed that Lessee's obligation under this paragraph shall be prorated to the reflect the Commencement Date and the end of the Lease Term. Lessor and Lessee hereby waive any rights each may have against the other related to any loss or damage caused to Lessor or Lessee as the case may be, or to the Premises or its contents, and which may arise from any risk covered by fire and extended coverage insurance and those risks required to be covered under Lessee's personal property insurance. The parties shall provide that their respective insurance policies insuring the property or the personal property include a waiver of any right of subrogation which said insurance company may have against Lessor or Lessee, as the case may be.

  • Personal Property In addition to the real property described in Section II, the Seller shall include the following personal property: _ The real property in Section II and any personal property in Section III shall be collectively known as the “Property”.

  • LIABILITY AND INSURANCE 7.1 Workers’ Compensation Insurance. The Contractor shall maintain workers’ compensation insurance as required under the Florida Workers’ Compensation Law or the workers’ compensation law of another jurisdiction where applicable. The Contractor must require all subcontractors to similarly provide workers’ compensation insurance for all of the latter’s employees. In the event work is being performed by the Contractor under the Contract and any class of employees performing the work is not protected under Workers’ Compensation statutes, the Contractor must provide, and cause each subcontractor to provide, adequate insurance satisfactory to the Department, for the protection of employees not otherwise protected.

  • Indemnity and Insurance 24.1 The Contractor shall indemnify the Authority against all claims, damages and any other liabilities which may arise as a result, directly of the performance or purported performance of this Contract, the aggregate liability not to exceed [£5.000.000], except to the extent that any injury, loss or damage is caused by the negligence, wilful misconduct or breach of the Contract by Authority Personnel

  • Property Insurance Borrower shall keep the improvements now existing or hereafter erected on the Property insured against loss by fire, hazards included within the term “extended coverage,” and any other hazards including, but not limited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be maintained in the amounts (including deductible levels) and for the periods that Lender requires. What Lender requires pursuant to the preceding sentences can change during the term of the Loan. The insurance carrier providing the insurance shall be chosen by Borrower subject to Xxxxxx’s right to disapprove Borrower’s choice, which right shall not be exercised unreasonably. Lender may require Borrower to pay, in connection with this Loan, either: (a) a one-time charge for flood zone determination, certification and tracking services; or (b) a one-time charge for flood zone determination and certification services and subsequent charges each time remappings or similar changes occur which reasonably might affect such determination or certification. Borrower shall also be responsible for the payment of any fees imposed by the Federal Emergency Management Agency in connection with the review of any flood zone determination resulting from an objection by Borrower. If Borrower fails to maintain any of the coverages described above, Lender may obtain insurance coverage, at Lender’s option and Xxxxxxxx’s expense. Lender is under no obligation to purchase any particular type or amount of coverage. Therefore, such coverage shall cover Lender, but might or might not protect Borrower, Borrower’s equity in the Property, or the contents of the Property, against any risk, hazard or liability and might provide greater or lesser coverage than was previously in effect. Borrower acknowledges that the cost of the insurance coverage so obtained might significantly exceed the cost of insurance that Borrower could have obtained. Any amounts disbursed by Xxxxxx under this Section 5 shall become additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. All insurance policies required by Xxxxxx and renewals of such policies shall be subject to Xxxxxx’s right to disapprove such policies, shall include a standard mortgage clause, and shall name Xxxxxx as mortgagee and/or as an additional loss payee. Lender shall have the right to hold the policies and renewal certificates. If Lender requires, Borrower shall promptly give to Lender all receipts of paid premiums and renewal notices. If Borrower obtains any form of insurance coverage, not otherwise required by Lender, for damage to, or destruction of, the Property, such policy shall include a standard mortgage clause and shall name Xxxxxx as mortgagee and/or as an additional loss payee. In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make proof of loss if not made promptly by Xxxxxxxx. Unless Lender and Borrower otherwise agree in writing, any insurance proceeds, whether or not the underlying insurance was required by Lender, shall be applied to restoration or repair of the Property, if the restoration or repair is economically feasible and Lender’s security is not lessened. During such repair and restoration period, Lender shall have the right to hold such insurance proceeds until Xxxxxx has had an opportunity to inspect such Property to ensure the work has been completed to Lender’s satisfaction, provided that such inspection shall be undertaken promptly. Lender may disburse proceeds for the repairs and restoration in a single payment or in a series of progress payments as the work is completed. Unless an agreement is made in writing or Applicable Law requires interest to be paid on such insurance proceeds, Lender shall not be required to pay Borrower any interest or earnings on such proceeds. Fees for public adjusters, or other third parties, retained by Borrower shall not be paid out of the insurance proceeds and shall be the sole obligation of Borrower. If the restoration or repair is not economically feasible or Lender’s security would be lessened, the insurance proceeds shall be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. Such insurance proceeds shall be applied in the order provided for in Section 2. If Xxxxxxxx abandons the Property, Lender may file, negotiate and settle any available insurance claim and related matters. If Xxxxxxxx does not respond within 30 days to a notice from Lender that the insurance carrier has offered to settle a claim, then Xxxxxx may negotiate and settle the claim. The 30-day period will begin when the notice is given. In either event, or if Lender acquires the Property under Section 22 or otherwise, Borrower hereby assigns to Lender (a) Borrower’s rights to any insurance proceeds in an amount not to exceed the amounts unpaid under the Note or this Security Instrument, and (b) any other of Borrower’s rights (other than the right to any refund of unearned premiums paid by Borrower) under all insurance policies covering the Property, insofar as such rights are applicable to the coverage of the Property. Lender may use the insurance proceeds either to repair or restore the Property or to pay amounts unpaid under the Note or this Security Instrument, whether or not then due.

  • Risk of Loss and Insurance The State shall not be liable to Contractor for any risk of Deliverable loss or damage while Deliverables are in transit, or while in the Client Agency’s possession, except when such loss or damage is due directly to the Client Agency’s negligence or intentional misconduct. Nothing in this Section is intended nor shall it be construed, in any manner, as waiving or compromising the sovereign immunity of the State. The insurance required by this Section shall be written on an occurrence basis as opposed to a “claims made” basis and shall be on such forms, and contain such endorsements and terms, as shall be acceptable to DAS. Before commencing Performance, the Contractor shall obtain and maintain at its own cost and expense for the Term of this Contract, the insurance described below. Contractor shall assume any and all deductibles in the described insurance policies. The Contractor’s insurers shall have no right of recovery or subrogation against the State and the described Contractor’s insurance shall be primary coverage. Any failure to comply with the claim reporting provisions of the policy shall not affect coverage provided to the State.

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