Common use of Fines and Liability Clause in Contracts

Fines and Liability. The overdue fine for a laptop returned after it is due is $1 per hour for IN LIBRAY USE ONLY laptops. The maximum fine for IN LIBRARY USE ONLY laptops is $50. The overdue fine for a five day checkout laptop is $25 per day. All fines and charges will be attached to the user’s library account. If the laptop is not returned by the end of the semester, a $1500 replacement fee will be billed to the borrower’s account. If the laptop is not returned within 30 days after the item is billed, no credit is given. • The individual checking out the laptop assumes all responsibility for the laptop while in his/her custody. The UAM ▇▇▇▇▇▇ Library assumes no responsibility if the laptop is stolen while checked out to a patron. • You will be responsible for the replacement charges. Fines and fees are billed to your UAM account.

Appears in 2 contracts

Sources: Digital Equipment Lending Policy, Digital Equipment Lending Policy

Fines and Liability. The overdue fine for a laptop returned after it is due is $1 per hour for IN LIBRAY USE ONLY laptops. The maximum fine for IN LIBRARY USE ONLY laptops is $50. The overdue fine for a five day checkout laptop is $25 per day. All fines and charges will be attached to the user’s library account. If the laptop is not returned by the end of the semester, a $1500 replacement fee will be billed to the borrower’s account. If the laptop is not returned within 30 days after the item is billed, no credit is given. The individual checking out the laptop assumes all responsibility for the laptop while in his/her custody. The UAM ▇▇▇▇▇▇ Library assumes no responsibility if the laptop is stolen while checked out to a patron. You will be responsible for the replacement charges. Fines and fees are billed to your UAM account.

Appears in 1 contract

Sources: Laptop Loan Agreement