Demolition and Increased Cost of Construction. In the event a covered loss is affected by any law or ordinance which regulates the demolition, construction or repair of damaged units or common areas, we shall be liable for:
Demolition and Increased Cost of Construction. The Company shall be liable under Coverage described in Section A for the increased cost of repair or replacement of damaged and/or undamaged Insured Property (including any necessary demolition and site clearing costs) occasioned by the enforcement of any law, by-law, ordinance, regulation, rule or ruling which is in force prior to the time of the Accident and which regulates or restricts the repair, replacement, construction or installation. The Company shall also be liable for loss under Coverage described in Section B1, 2 and/or 3 of the policy during the additional time required, with the exercise of due diligence and dispatch, to affect such repair or replacement as a result of the enforcement of said law, by-law or ordinance. The Company shall not be liable under Coverage described in Sections A or B1, 2 and/or 3 for:
Demolition and Increased Cost of Construction. Any insurance provided under this Coverage Agreement for Demolition and Increased Cost of Construction is extended to the coverage provided by this endorsement. The most we will pay for the cost of Demolition and Increased Cost of Construction is $1,000,000 unless otherwise shown in a Schedule.
Demolition and Increased Cost of Construction. 1) This Policy covers the reasonable and necessary costs incurred, described in item 3 below, to satisfy the minimum requirements of the enforcement of any law or ordinance regulating the demolition, construction, repair, replacement or use of buildings or structures at an Insured Location, provided:
Demolition and Increased Cost of Construction. 1. This Contract covers the reasonable and necessary costs incurred, described in Item 3 below, to satisfy the minimum requirements of the enforcement of any law or ordinance regulating the demolition, construction, repair, replacement or use of buildings or structures at an Insured Location, provided:
Demolition and Increased Cost of Construction. UIN: IRDAN123CP0077V01201819/A0082V01202122 It is hereby understood and agreed, subject otherwise to the terms, conditions and exclusions of the Policy and endorsed hereon, that the Policy extends to cover: Loss occasioned by the enforcement of any laws(s) or ordinance(s) regulating the construction, repair or use of building(s) or structure(s) and in force at the time such loss occurs which requires the demolition of any portion of the building(s) or structure(s) which have not suffered damage from the same loss occurrence under this Policy (all locations). The cost incurred in actually rebuilding both the damaged and demolished portions of the building(s) or structure(s) with materials and in a manner to fully satisfy such ordinance(s) or law(s). The total liability under this clause shall not exceed actual expenditure incurred in demolishing the undamaged portion of the building(s) or structure(s) involved plus the lesser of the following:
