Common use of Defects and Damage Clause in Contracts

Defects and Damage. 10.1 The Licensee agrees: 10.1.1 to immediately report to the Management Company any defects arising in the Accommodation or any damage caused to the Accommodation or the Residence by the Licensee or its guests; and 10.1.2 to accept full financial liability for any loss or damage the Licensee or its guests may cause to the Accommodation or the Residence including any cleaning costs. 10.2 Where damage is caused in the Residence by unidentifiable parties, GradPad reserves the right to recover the cost of such damage from all residents jointly, provided that if the Licensee can show that it was not present at the Residence at the time the damage was caused it shall not be required to contribute towards the cost of remedying the damage.