Common use of CONSEQUENTIAL FINANCIAL Clause in Contracts

CONSEQUENTIAL FINANCIAL. LOSS This policy does not insure any kind of consequential financial loss (e.g. financial loss that occurs as a direct or indirect result of the loss of insured property), including the following: 1. delays, 2. loss of market, 3. penalties, 4. rates, taxes, duties, development charges, 5. other charges or assessments arising out of capital appreciation, that are payable to comply with any regulations, 6. loss of use of any property, other than cover provided by: (a) Automatic Policy Extension – H. Expediting Costs Cover, (b) Automatic Policy Extension S: Redundant Foundations, (c) Automatic Policy Extension T: Redundant Plant and Stock.

CONSEQUENTIAL FINANCIAL. LOSS This policy does not insure any kind of consequential financial loss (e.g. financial loss that occurs as a direct or indirect result of the loss of insured property), including the following: 1. delays, 2. loss of market, 3. penalties, 4. rates, taxes, duties, development charges, 5. other charges or assessments arising out of capital appreciation, that are payable to comply with any regulations, 6. loss of use of any property, other than cover provided by: (a) Automatic Policy Extension – H. Expediting Costs Cover, (b) Automatic Policy Extension SR: Redundant Foundations, (c) Automatic Policy Extension TS: Redundant Plant and Stock.

CONSEQUENTIAL FINANCIAL. LOSS This policy does not insure any kind of consequential financial loss (e.g. financial loss that occurs as a direct or indirect result of the loss of insured property), including the following: 1. delays, 2. loss of market, 3. penalties, 4. rates, taxes, duties, development charges, 5. other charges or assessments arising out of capital appreciation, that are payable to comply with any regulations, 6. loss of use of any property, other than cover provided by: (a) Automatic Policy Extension – H. H: Expediting Costs Cover, (b) Automatic Policy Extension O: Machinery Breakdown, (c) Automatic Policy Extension S: Redundant Foundations, (cd) Automatic Policy Extension T: Redundant Plant and Stock.