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Property Damage Waiver
"I need a Property Damage Waiver for a commercial warehouse space that we're renting to a logistics company from January 2025, with specific provisions for heavy machinery use and loading dock operations."
1. Parties: Identifies all parties to the waiver agreement
2. Background: Explains context and purpose of the waiver
3. Definitions: Defines key terms used throughout the document
4. Scope of Waiver: Details what damage/losses are covered by the waiver
5. Duration: Specifies the time period for which the waiver is valid
6. Limitations: States what is not covered by the waiver
1. Insurance Provisions: Details insurance requirements and responsibilities when insurance coverage is relevant to the waiver
2. Indemnification: Additional indemnity provisions when specific indemnification arrangements are needed
3. Force Majeure: Provisions for extraordinary events when long-term or high-value property is involved
1. Property Description Schedule: Detailed description of property covered by the waiver
2. Photographic Evidence Schedule: Photos documenting property condition at time of waiver
3. Insurance Certificates Schedule: Copies of relevant insurance documentation
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