Common use of DAMAGE RESPONSIBILITY Clause in Contracts

DAMAGE RESPONSIBILITY. If equipment is being rented, Undersigned accept responsibility for any and all damage to equipment, beyond normal wear and tear, and agree to pay all costs of necessary repairs including but not limited to parts, and labor at prevailing shop rates. Evaluation of such damage and repairs needed are at the sole discretion of a shop technician who will inspect the equipment within 24 hours from the time it is returned. Undersigned understand and agree that any adjustment that Participant may make on the equipment is subject to readjustment by the shop technician at Undersigned’s sole expense. Undersigned agree that Participant will return the equipment to rental shop at the agreed upon time and that Undersigned will be responsible for full retail value if Participant returns equipment late.