Broad Form definition

Broad Form. Property Damage Endorsement; g) "Personal Injury' Endorsement; and h) "

Broad Form. Property Damage Endorsement;

Broad Form. Property Damage Insurance Insurance for loss, damages or destruction to the Facility (including boiler and machinery) caused by “broad form” peril in an amount at all times equal to the full replacement value of the Facility (including, to the extent available on commercially reasonable terms, insurance for such loss caused by flood or earthquake), with the Company as named insured and with a deductible amount not to exceed $250,000, except for coverage for wind and earthquake which shall have a deductible amount not to exceed $500,000.

Examples of Broad Form in a sentence

• Lessor shall obtain and keep in force during the term of this Lease a policy of Combined Single Limit Bodily Injury and Broad Form Property Damage Insurance, plus coverage against such other risks Lessor deems advisable from time to time, insuring Lessor, but not Lessee, against liability arising out of the ownership, use, occupancy or maintenance of the Office Building Project in an amount not less than $5,000,000.00 per occurrence.

• Tenant agrees to insure this assumed liability in its policy of Broad Form Commercial General Liability insurance and the certificate of insurance or copy of the policy that Tenant will present to Landlord shall so indicate such contractual coverage.

• Such insurance shall include Broad Form Contractual Liability insurance coverage insuring all of Tenant's indemnity obligations under this Lease.

• Policy shall also include coverage for Broad Form Property Damage, including explosion, collapse and underground hazards.

• Tenant's liability coverage shall include all the coverages typically provided by the Broad Form Comprehensive General Liability Endorsement, including broad form property damage coverage (which shall include coverage for completed operations).

More Definitions of Broad Form

Broad Form property damage on an occurrence basis, including loss of use of property

Broad Form property insurance shall have limits of not less than the sum of 1.1 times the contract price and the full value, as stated in the contract, of products and design services that are specified to be provided by the Recipient for incorporation into the project work, with a deductible not exceeding $10,000. The insurance coverage shall not be less than the insurance provided by IBC Forms 4042 and 4047 or their equivalent replacement. Subject to satisfactory proof of financial capability by the contractor, the Recipient may agree to increase the deductible amounts.

Broad Form coverage shall include loading and unloading, and contractual liabilities. MTM and Nevada Division of Health Care Financing and Policy (DHCFP) shall be named as additional insured and waiver of subrogation is required. Both policies must provide specific policy endorsements with MTM and Nevada Division of Health Care Financing and Policy (DHCFP) as additional insured to receive notice of cancellation, suspension and non-payment of premium. Except as amended herein, all other terms and conditions of the Agreement remain unchanged and in full force and effect.

Broad Form. (Builder’s Risk) Property Insurance insuring not less than 100% of the replacement cost of the building including all materials forming part of the build with a deductible not to exceed Five Thousand ($5,000) or as agreed to by North Huron. The policy shall be in the joint names of the Contractor and the North Huron. If applicable the policy shall include sub-contractors as insureds. The “Broad form” property insurance shall be maintained from the date the construction is commenced including delivery of supplies and will remain in place until it is deemed by North Huron to be substantially completed.

Broad Form. Property Insurance and 11.1.1.5 Boiler & Machinery Insurance and shall promptly provide the Contractor with confirmation of such coverages and, if required, a certified true copy of the polices certified by an authorized representative of the insurer together with copies of any amending endorsements.

Broad Form. Physical Damage Coverage Yes No Single Limit Building(s) And Contents (“Property Of Every Description”) Yes Optional Replacement Cost Endorsement Yes Optional Inflation Guard (Cost Of Living Rider) Yes Optional Stated Amount Clause - Agreed Value (Subject To Acceptable Statement Of Values) Yes Optional Same-Site Rebuilding Clause Removed Yes No Debris Removal Included Yes No EXPANDED PROPERTY FORM Leasehold Improvements And Betterments Yes No Detached Structures / Outbuildings Yes No Contents Anywhere On Premises Yes No

Broad Form or its equivalent, in amounts not less than the full insurable replacement value of all such insurable properties, and including the following endorsements, if requested by the Mortgagee: (1) replacement cost coverage, (2) agreed amount, and (3) building ordinance coverage insuring against contingent liability from the operation of laws, statutes, ordinances or regulations concerning the Improvements on or about the Premises, demolition of such Improvements and increased cost of construction of such Improvements. Additionally, if required by the Mortgagee, the Mortgagor shall procure a difference-in-conditions policy to include earthquake, backup of sewers and broad collapse coverage with a limit of liability determined to be prudent by the Mortgagee;