Common use of Liability for Property Damage Clause in Contracts

Liability for Property Damage. You acknowledge liability for any damage to equipment, furnishings, and any other property of UCW, or other members and their respective clients caused by the Member and/or its Authorized Users and guests, excluding damage due to normal wear and tear. Member agrees to pay the cost to repair or replace (at full replacement cost) the damaged property, at the discretion of UCW.

Liability for Property Damage. You acknowledge liability for any damage to equipment, furnishings, and any other property of UCW, UCW’s Landlord, or other members and their respective clients caused by the Member and/or its Authorized Users and guests, excluding damage due to normal wear and tear. Member agrees to pay the cost to repair or replace (at full replacement cost) the damaged property, at the discretion of UCW.