Common use of BRANDS AND LABELS Clause in Contracts

BRANDS AND LABELS. In the case of loss or damage to insured property bearing a brand or trademark, the sale of which carries or implies the guarantee of the responsibility of the manufacturers or Insured, the salvage value of such damaged property shall be determined after removal and/or re-identifying such brands or trademarks or other identifying characteristics.

BRANDS AND LABELS. In the case of loss of or damage to insured property Insured Property bearing a brand or trademark, the sale of which carries or implies the guarantee of the responsibility of the manufacturers or Insuredyou, the salvage value of such damaged property shall will be determined after removal of and/or re-identifying such brands or trademarks or other identifying characteristics.