Common use of Rights of Recovery Clause in Contracts

Rights of Recovery. If We pay for a Breakdown, We may require You to assign Us Your rights of recovery against others. We will not pay for a Breakdown if You impair these rights to recover. Your right to recover may not be waived.

Appears in 6 contracts

Sources: Warranty Agreement, Warranty Agreement, Warranty Agreement

Rights of Recovery. If We pay for a Breakdown, We may require You to assign Us Your rights of recovery against others, if applicable. We will not pay for a Breakdown if You impair these rights to recover. Your right to recover may not be waived. In such a situation, any replaced item shall continue to belong to Us at our option.

Appears in 1 contract

Sources: Service Maintenance Agreement