Common use of European Union and public authorities Clause in Contracts

European Union and public authorities. In respect of buildings and contents, we will pay the additional cost of reinstatement of the damaged property insured as may be incurred solely by reason of the necessity to comply with building or other regulations under or framed in pursuance of any Act of Parliament or with bye-laws of any municipal or local authority or European Union directive, provided that: a) the amount recoverable under this clause will not include the cost incurred in complying with any such regulations, bye-laws or directive: i) in respect of damage occurring prior to inception of this policy; ii) in respect of damage not insured by this section; or iii) under which notice has been served upon you prior to the happening of the b) the amount recoverable under this clause will not include the additional cost that would have been required to make good the property damaged to a condition equal to its condition when new had the necessity to comply with any of the aforesaid regulations, bye-laws or directives not arisen; c) the amount recoverable under this clause will not include the amount of any rate, tax, duty, development or other charge or assessment arising out of capital appreciation which may be payable in respect of the property insured or by the owner thereof by reason of compliance with any of the aforesaid regulations, bye-laws or directives; d) if our liability in respect of any item of property insured apart from this clause is reduced by the application of any of the terms and conditions of this policy or this clause, then our liability under this clause in respect of any such property insured will be reduced in like proportion; e) we will have no liability under this clause unless the work of reinstatement is commenced and carried out with reasonable dispatch (which may be carried out upon another site and in any manner suitable to your requirements subject to our liability not being thereby increased); f) the total amount recoverable under this clause in respect of undamaged portions of property insured other than foundations, will not exceed fifteen per cent (15%) of the total amount for which we would have been liable had the building, or contents item been totally destroyed; g) the indemnity provided by this clause shall be included within and not be in addition to the sums insured under each item of property insured shown in the schedule.

European Union and public authorities. In respect of buildings and contentsbuildings, we will pay the additional cost of reinstatement of the damaged property insured as may be incurred solely by reason of the necessity to comply with building or other regulations under or framed in pursuance of any Act of Parliament or with bye-laws of any municipal or local authority or European Union directive, provided that: a) directive except that the amount recoverable under this clause will not include include: a) the cost incurred in complying with any such regulations, bye-laws or directive: i) in respect of damage occurring prior to inception of this policyinception; ii) in respect of damage not insured by this insured section; or; iii) under which notice has been served upon you the insured prior to the happening of thethe damage; iv) in respect of undamaged property insured or undamaged portions of property insured other than foundations (unless foundations are specifically excluded from the insurance by this insured section) of that portion of the property damaged; b) the amount recoverable under this clause will not include the additional cost that would have been required to make good the property damaged to a condition equal to its condition when new had the necessity to comply with any of the aforesaid regulations, bye-laws or directives not arisen;, c) the amount recoverable under this clause will not include the amount of any rate, tax, duty, development or other charge or assessment arising out of capital appreciation which may be payable in respect of the property insured or by the owner thereof by reason of compliance with any of the aforesaid regulations, bye-laws or directives; d) if our the liability of the insurer in respect of any item of property insured apart from this clause is reduced by the application of any of the terms and conditions of this policy insurance or this clause, clause then our the liability of the insurer under this clause in respect of any such property insured will be reduced in like proportion; e) we the insurer will have no liability under this clause unless the work of reinstatement is commenced and carried out with reasonable dispatch despatch (which may be carried out upon another site and in any manner suitable to your the requirements of the insured subject to our the liability of the insurer not being thereby increased);. f) the total amount recoverable under this clause in respect of undamaged portions of property insured other than foundations, will not exceed fifteen per cent (15%) of the total amount for which we would have been liable had the building, or contents item been totally destroyed; g) the indemnity provided by this clause shall be included within and not be in addition to the sums insured under each any item of property insured shown in will not exceed the scheduleapplicable sum insured or limit of liability.

European Union and public authorities. In respect of buildings and contents, we will pay the additional cost of reinstatement of the damaged property insured as may be incurred solely by reason of the necessity to comply with building or other regulations under or framed in pursuance of any Act of Parliament or with bye-laws of any municipal or local authority or European Union directive, provided that: a) the amount recoverable under this clause will not include the cost incurred in complying with any such regulations, bye-laws or directive: i) in respect of damage occurring prior to inception of this policy; ii) in respect of damage not insured by this section; or iii) under which notice has been served upon you prior to the happening of the b) the amount recoverable under this clause will not include the additional cost that would have been required to make good the property damaged to a condition equal eq ual to its condition when new had the necessity to comply with any of the aforesaid regulationsreg ulations, bye-laws or directives not arisen; c) the amount recoverable under this clause will not include the amount of any rate, tax, duty, development or other charge or assessment arising out o ut of capital appreciation which may be payable in respect of the property insured or by the owner thereof by reason of compliance with any of the aforesaid regulations, bye-laws or directives; d) if our liability in respect of any item of property insured apart from f rom this clause is reduced by the application of any of the terms and conditions of this policy or o r this clause, then our liability under this clause in respect of any such property insured will be reduced in like proportion; e) we will have no liability under this clause unless the work of reinstatement is commenced and carried out with reasonable dispatch (which may be carried out upon another site and in any manner suitable to your requirements subject to our liability not no t being thereby increased); f) the total amount recoverable under this clause in respect of undamaged portions p ortions of property insured other than foundations, will not exceed fifteen per cent (15%) of the total amount for which we would have been liable had the building, or contents item been totally destroyed; g) the indemnity provided by this clause shall be included within and not be in addition to the sums insured under each item of property insured shown in the schedule.

European Union and public authorities. In respect of buildings and machinery plant and all other contents, we will pay the additional cost of reinstatement of the damaged property insured as may be incurred solely by reason of the necessity to comply with building or other regulations under or framed in pursuance of any Act act of Parliament or with bye-laws of any municipal or local authority or European Union directive, provided that: a) the amount recoverable under this clause will not include the cost incurred in complying with any such regulations, bye-laws or directive: i) in respect of damage occurring prior to inception of this policy; ii) in respect of damage not insured by this section; or iii) under which notice has been served upon you prior to the happening of the b) the amount recoverable under this clause will not include the additional cost that would have been required to make good the property damaged to a condition equal to its condition when new had the necessity to comply with any of the aforesaid regulations, bye-laws or directives not arisen; c) the amount recoverable under this clause will not include the amount of any rate, tax, duty, development or other charge or assessment arising out of capital appreciation which may be payable in respect of the property insured or by the owner thereof by reason of compliance with any of the aforesaid regulations, bye-laws or directives; d) if our liability in respect of any item of property insured apart from this clause is reduced by the application of any of the terms and conditions of this policy or this clause, then our liability under this clause in respect of any such property insured will be reduced in like proportion; e) we will have no liability under this clause unless the work of reinstatement is commenced and carried out with reasonable dispatch (which may be carried out upon another site and in any manner suitable to your requirements subject to our liability not being thereby increased); f) the total amount recoverable under this clause in respect of undamaged portions of property insured other than foundations, will not exceed fifteen per cent (15%) of the total amount for which we would have been liable had the building, or contents item been totally destroyed; g) the indemnity provided by this clause shall be included within and not be in addition to the sums insured under each item of property insured shown in the schedule.