Common use of Liability of Resident Clause in Contracts

Liability of Resident. The Resident hereby covenants and agrees to be responsible at all times throughout the Term for the condition of the Premises in accordance with the terms of this Agreement and the contents contained therein, and for any damage or loss thereto (except for any damage or loss which resulted from the negligence of the Manager and/or the Institution or which was noted in the Room Inspection Report and not repaired by the Manager). Without in any way limiting the foregoing, the Resident hereby further covenants and agrees that it shall be jointly and severally responsible, with the other occupant(s) of the Suite, for all damage or loss sustained in the common areas of the Suite and by the contents contained therein (except for any damage or loss which resulted from the negligence of the Manager and/or the Institution, or which was noted in the Room Inspection Report and not repaired by the Manager). Without in any way limiting the foregoing, the Resident hereby further covenants and agrees to be responsible for all damage or loss caused in the Building or on the Lands (other than within the Premises or the Suite) by the negligence or willful act of the Resident, any guest or other person on the Premises with the Resident’s consent and any other person whom the Resident is responsible at law. The Resident hereby acknowledges and agrees that the Manager and the Institution and each of their respective employees, agents, directors, trustees, officers and members assume no responsibility for, and shall not liable for, any loss or damage to the Resident’s personal property or injury to any person, however caused. The Resident hereby further acknowledges and agrees that they shall take positive steps to ensure their personal safety by locking their Suite and Premises doors, as applicable, and ensuring that only authorized persons enter their Premises and Suite and/or the Building. The Resident is strongly encouraged to maintain, at its sole cost, a policy of content insurance throughout the Term. Neither the Manager nor the Institution shall carry insurance on behalf of or for the benefit of the Resident.

Liability of Resident. The Resident hereby covenants and agrees to be responsible at all times throughout the Term for the condition of the Premises in accordance with the terms of this Agreement and the contents contained therein, and for any damage or loss thereto (except for any damage or loss which resulted from the negligence of the Manager and/or the Institution or which was noted in the Room Inspection Report and not repaired by the Manager). Without in any way limiting the foregoing, the Resident hereby further covenants and agrees that it shall be jointly and severally responsible, with the other occupant(s) of the Suite, for all damage or loss sustained in the common areas of the Suite and by the contents contained therein (except for any damage or loss which resulted from the negligence of the Manager and/or the Institution, or which was noted in the Room Inspection Report and not repaired by the Manager). Without in any way limiting the foregoing, the Resident hereby further covenants and agrees to be responsible for all damage or loss caused in the Building Residence or on the Lands (other than within the Premises or the Suite) by the negligence or willful act of the Resident, any guest or other person on the Premises with the Resident’s consent and any other person whom the Resident is responsible at law. The Resident hereby acknowledges and agrees that the Manager and the Institution and each of their respective employees, agents, directors, trustees, officers and members assume no responsibility for, and shall not liable for, any loss or damage to the Resident’s personal property or injury to any person, however caused. The Resident hereby further acknowledges and agrees that they shall take positive steps to ensure their personal safety by locking their Suite and Premises doors, as applicable, and ensuring that only authorized persons enter their Premises and Suite and/or the BuildingResidence. The Resident is strongly encouraged to maintain, at its sole cost, a policy of content insurance throughout the Term. Neither the Manager nor the Institution shall carry insurance on behalf of or for the benefit of the Resident.