Fine Art Sample Clauses

Fine Art. In the event of damage to fine art the basis upon which the amount payable under Part 1 Section 1 is to be calculated shall be the cost of: For collections the lesser of: ▪ the assigned value set out in the Specification or on file with the Company or ▪ the cost to restore or repair the item plus any depreciation in value remaining after restoration or repair; For unscheduled collections the lesser of: ▪ the cost to restore or repair the item plus any depreciation in value remaining after restoration or repair; or ▪ the market value of the item on the date of loss; For collections of others the lesser of: ▪ the amount for which the Insured is legally liable; or ▪ the applicable sums insured in the Specification. For collections which are described as a part of a pair or set, either: ▪ the stated value of the entire pair or set; or ▪ the cost to repair the pieces and if the pair or set with the repaired pieces has a lower market value than it had prior to the loss the Company will reimburse the difference; or ▪ the stated value of the pieces prior to the damage when the pieces cannot be found or repaired and if the remaining pieces have a reduced market value the Company will reimburse the difference after consultation with the Insured. In no event will the Company pay more than the stated value of the pair or set as shown in the Specification.
Sample 1
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Fine Art. 3.6.1.6 Flora and fauna, including live animals, birds, fish or other living creature, standing timber, growing crops and pastures;
Sample 1
Fine Art. All 3D and 2D Fine artwork displayed must be finished, framed, dry and have finished sides (gallery wrapped canvas is acceptable). Sleeved prints and note cards are acceptable. Jewelry, coffee cups, mouse pads, coasters, lotions, body oil, candles, soap, key chains, tote bags, pillows and all forms of original and handmade artwork are permitted. Items that are NOT permitted include but not limited to: Clothing such as hats and t-shirts. LVAG reserves the right in its sole and absolute discretion to: (i) monitor displays of excepted artwork. Artwork must be family friendly (No nudity) and non-political per the Galleria at Sunset. Non- compliance and or any misrepresentation by the Participant may result in the removal of that artwork from display and or request Participant to leave the Expo. Participant forfeits any and all fees paid to LVAG. No refunds are given.
Sample 1

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