Common use of Damage To Impaired Property Or Property Not Physically Injured Clause in Contracts

Damage To Impaired Property Or Property Not Physically Injured. Property damage" to "impaired property" or property that has not been physically injured, arising out of: (1) A defect, deficiency, inadequacy or dangerous condition in "your product" or "your work"; or (2) A delay or failure by you or anyone acting on your behalf to perform a contract or agreement in accordance with its terms.

Appears in 2 contracts

Samples: Products/Completed Operations Liability Coverage Form, Products/Completed Operations Liability Coverage Form (Claims Made)

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Damage To Impaired Property Or Property Not Physically Injured. Property damage" Damage to "impaired property" Impaired Property or property that has not been physically injured, arising out of: (1) A defect, deficiency, inadequacy or dangerous condition in "your product" Your Product or "your work"Your Work; or (2) A delay or failure by you or anyone acting on your behalf to perform a contract or agreement in accordance with its terms. This exclusion does not apply to the loss of use of other property arising out of sudden and accidental physical injury to Your Product or Your Work after it has been put to its intended use.

Appears in 1 contract

Samples: Business Owners Coverage Policy

Damage To Impaired Property Or Property Not Physically Injured. Property damage" to "impaired property" or property that has not been physically injured, arising out of: (1) A defect, deficiency, inadequacy or dangerous danger- ous condition in "your product" or "your work"; or (2) A delay or failure by you or anyone acting on your behalf to perform a contract or agreement in accordance with its terms.

Appears in 1 contract

Samples: Grant Contract

Damage To Impaired Property Or Property Not Physically Injured. Property damage" damage to "impaired property" property or property that has not been physically injured, or destroyed, arising out of: (1) A defect, deficiency, inadequacy inadequacy, or dangerous condition in "your product" or "your work"; product or (2) A delay or failure by you any Member or anyone acting on your the Member’s behalf to perform a contract or agreement in accordance with its terms. This exclusion does not apply to the loss of use of other property arising out of sudden and accidental physical injury to your product or your work after it has been put to its intended use.

Appears in 1 contract

Samples: General Liability Coverage

Damage To Impaired Property Or Property Not Physically Injured. Property damage" to "impaired property" or property that has not been physically injured, arising out of: (1) A defect, deficiency, inadequacy or dangerous condition in "your product" or "your work"; or (2) A delay or failure by you or anyone acting on your behalf to perform a contract or agreement in accordance with its terms. This exclusion does not apply to the loss of use of other property arising out of sudden and accidental physical injury to "your product" or "your work" after it has been put to its intended use.

Appears in 1 contract

Samples: Insurance Agreement

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Damage To Impaired Property Or Property Not Physically Injured. Property damage" to "impaired propertyImpaired Property" or property that has not been physically injured, arising out of: (1) A defect, deficiency, inadequacy or dangerous condition in "your product" or "your work"; or (2) A delay or failure by you or anyone acting on your behalf to perform a contract or agreement in accordance with its termsitems. This exclusion does not apply to the loss of use of other property arising out of sudden and accidental physical injury to "your product" or "your work" after it has been put to its intended use.

Appears in 1 contract

Samples: Insurance Policy

Damage To Impaired Property Or Property Not Physically Injured. Property damage" to "impaired property" or property that has not been physically injured, arising out of: (1) A defect, deficiency, inadequacy or dangerous condition in "your product" or "your work"; or (2) A delay or failure by you or anyone acting on your behalf to perform a contract or agreement in accordance with its terms.

Appears in 1 contract

Samples: Ground Lease Agreement

Damage To Impaired Property Or Property Not Physically Injured. Property damage" to "impaired property" or property that has not been physically injuredin- jured, arising out of: (1) A defect, deficiency, inadequacy or dangerous condition in "your productwork" per- formed by or for the "your workcontractor"; or (2) A delay or failure by you or anyone acting on your behalf to perform a contract con- tract or agreement in accordance with its terms. C. The following exclusion is added to Paragraph 2., Exclusions of Section I – Coverages:

Appears in 1 contract

Samples: Construction Project Management Protective Liability Coverage

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