Common use of Coverage Schedule Clause in Contracts

Coverage Schedule. Number Of Years Since Date Of Purchase Of Warranted Product By Original Homeowner Share Of Purchase Price Paid By Original Homeowner That TTG Will Pay Toward A Covered Claim 0-5 years 100% 6 years 90% 7 years 80% 8 years 70% 9 years 60% 10 years 50% 11 years 40% 12 years 30% 13 years 20%