Common use of GREEN COVERAGE Clause in Contracts

GREEN COVERAGE. Under Insuring Agreement 1(a), if Insured Equipment requires repair or replacement due to a Breakdown or Electronic Circuitry Impairment, we will pay the additional cost: (a) to repair or replace damaged insured property, whichever is the lesser of the cost at the time of a Breakdown or Electronic Circuitry Impairment, using equipment, materials and service firms required or recommended by a Recognized Environmental Standards Program; (b) to dispose of damaged insured property or equipment, if practicable, through a recycling process; and (c) to flush out reconstructed space with up to one hundred (100) percent outside air using new filtration media. With respect to any building that is Insured Property and was, at the time of the Breakdown or Electronic Circuitry Impairment, certified by a Recognized Environmental Standards Program, we will pay the additional costs: (i) to prevent lapse of such certification; (ii) to reinstate the certification or replace it with an equivalent certification; (iii) for an engineer authorized by a Recognized Environmental Standards Program to oversee the repair or replacement of the damaged Insured Property; and (iv) for a professional engineer to commission or recommission your damaged mechanical, electrical, or electronic building systems. As used in this coverage, additional costs mean those beyond what would have been payable in the absence of this Green Coverage. This coverage applies in addition to any coverage that may apply under the Environmental and Efficiency Improvements or any other applicable coverage and only to Insured Property that must be repaired or replaced as a direct result of a Breakdown or Electronic Circuitry Impairment. This provision does not apply to any property valued or insured on an Actual Cash Value basis. In no event shall we be liable for loss in excess of $25,000.

GREEN COVERAGE. Under With respect to Property Damage coverage described in Insuring Agreement 1(a), if Insured Equipment requires repair or replacement due to a Breakdown or Electronic Circuitry Impairment, we will pay the additional cost: (a) to repair or replace damaged insured property, whichever is the lesser of the cost at the time of a Breakdown or Electronic Circuitry Impairment, using equipment, materials and service firms required or recommended by a Recognized Environmental Standards Program; (b) to dispose of damaged insured property or equipment, if practicable, through a recycling process; and (c) to flush out reconstructed space with up to one hundred (100) percent outside air using new filtration media. With respect to any building that is Insured Property and was, at the time of the Breakdown or Electronic Circuitry Impairment, certified by a Recognized Environmental Standards Program, we will pay the additional costs: (i) to prevent lapse of such certification; (ii) to reinstate the certification or replace it with an equivalent certification; (iii) for an engineer authorized by a Recognized Environmental Standards Program to oversee the repair or replacement of the damaged Insured Property; and (iv) for a professional engineer to commission or recommission your the Insured’s damaged mechanical, electrical, or electronic building systems. As used in this coverage, additional costs mean those beyond what would have been payable in the absence of this Green Coverage. This coverage applies in addition to any coverage that may apply under the Environmental and Efficiency Improvements or any other applicable coverage and only to Insured Property that must be repaired or replaced as a direct result of a Breakdown or Electronic Circuitry Impairment. This provision does not apply to any property valued or insured on an Actual Cash Value basis. In no event shall we be liable for loss in excess of $25,000.

GREEN COVERAGE. Under With respect to Property Damage coverage described in Insuring Agreement 1(a), if Insured Equipment requires repair or replacement due to a Breakdown or Electronic Circuitry Impairment, we will pay the additional cost: (a) to repair or replace damaged insured property, whichever is the lesser of the cost at the time of a Breakdown or Electronic Circuitry Impairment, using equipment, materials and service firms required or recommended by a Recognized Environmental Standards Program; (b) to dispose of damaged insured property or equipment, if practicable, through a recycling process; and (c) to flush out reconstructed space with up to one hundred (100) percent outside air using new filtration media. With respect to any building that is Insured Property and was, at the time of the Breakdown or Electronic Circuitry Impairment, certified by a Recognized Environmental Standards Program, we will pay the additional costs: (i) to prevent lapse of such certification; (ii) to reinstate the certification or replace it with an equivalent certification; (iii) for an engineer authorized by a Recognized Environmental Standards Program to oversee the repair or replacement of the damaged Insured Property; and (iv) for a professional engineer to commission or recommission your damaged mechanical, electrical, or electronic building systems. As used in this coverage, additional costs mean those beyond what would have been payable in the absence of this Green Coverage. This coverage applies in addition to any coverage that may apply under the Environmental and Efficiency Improvements or any other applicable coverage and only to Insured Property that must be repaired or replaced as a direct result of a Breakdown or Electronic Circuitry Impairment. This provision does not apply to any property valued or insured on an Actual Cash Value basis. In no event shall we be liable for loss in excess of $25,000.

GREEN COVERAGE. Under With respect to Property Damage described in Section 1(a) Insuring Agreement 1(a)Agreement, if Insured Equipment “insured equipment” requires repair or replacement due to a Breakdown “breakdown” or Electronic Circuitry Impairment“electronic circuitry impairment”, we the Insurer will pay the additional cost: (a) to repair or replace damaged “insured property”, whichever is the lesser of the cost at the time of a Breakdown “breakdown” or Electronic Circuitry Impairment“electronic circuitry impairment”, using equipment, materials and service firms required or recommended by a Recognized Environmental Standards Program“recognized environmental standards program”; (b) to dispose of damaged “insured property property” or equipment, if practicable, through a recycling process; and (c) to flush out reconstructed space with up to one hundred (100) percent outside air using new filtration media. With respect to any building that is Insured Property “insured property” and was, at the time of the Breakdown “breakdown” or Electronic Circuitry Impairment“electronic circuitry impairment”, certified by a Recognized Environmental Standards Program“recognized environmental standards program”, we the Insurer will pay the additional costs: (ia) to prevent lapse of such certification; (iib) to reinstate the certification or replace it with an equivalent certification; (iiic) for an engineer authorized by a Recognized Environmental Standards Program “recognized environmental standards program” to oversee the repair or replacement of the damaged Insured Property“insured property”; and (ivd) for a professional engineer to commission or recommission your the Insured’s damaged mechanical, electrical, or electronic building systems. As used in this coverage, additional costs mean those beyond what would have been payable in the absence of this Green Coverage. This coverage applies in addition to any coverage that may apply under the Environmental and Efficiency Improvements or any other applicable coverage and only to Insured Property “insured property” that must be repaired or replaced as a direct result of a Breakdown “breakdown” or Electronic Circuitry Impairment“electronic circuitry impairment”. This provision does not apply to any property valued or insured on an Actual Cash Value basis. In no event shall we the Insurer be liable for loss in excess of $25,000.

GREEN COVERAGE. Under With respect to Property Damage described under Insuring Agreement 1(a), if Insured Equipment requires repair or replacement due to a Breakdown or Electronic Circuitry Impairment, we the Company will pay the additional cost: (a) a. to repair or replace damaged insured propertyInsured Property, whichever is the lesser of the cost at the time of a Breakdown or Electronic Circuitry Impairment, using equipment, materials and service firms required or recommended by a Recognized Environmental Standards Program; (b) b. to dispose of damaged insured property Insured Property or equipment, if practicable, through a recycling process; and (c) c. to flush out reconstructed space with up to one hundred (100) percent outside air using new filtration media. With respect to any building that is Insured Property and was, at the time of the Breakdown or Electronic Circuitry Impairment, certified by a Recognized Environmental Standards Program, we the Company will pay the additional costs: (i) i. to prevent lapse of such certification; (ii) . to reinstate the certification or replace it with an equivalent certification; (iii) . for an engineer authorized by a Recognized Environmental Standards Program to oversee the repair or replacement of the damaged Insured Property; and (iv) . for a professional engineer to commission or recommission your the Insured’s damaged mechanical, electrical, or electronic building systems. As used in this coverage, additional costs mean those beyond what would have been payable in the absence of this Green Coverage. This coverage applies in addition to any coverage that may apply under the Environmental and Efficiency Improvements or any other applicable coverage and only to Insured Property that must be repaired or replaced as a direct result of a Breakdown or Electronic Circuitry Impairment. This provision does not apply to any property valued or insured on an Actual Cash Value basis. In no event shall we the Company be liable for loss in excess of $25,000.

GREEN COVERAGE. Under With respect to Property Damage described under Insuring Agreement 1(a), if Insured Equipment requires repair or replacement due to a Breakdown or Electronic Circuitry Impairment, we the Company will pay the additional cost: (a) to repair or replace damaged insured propertyInsured Property, whichever is the lesser of the cost at the time of a Breakdown or Electronic Circuitry Impairment, using equipment, materials and service firms required or recommended by a Recognized Environmental Standards Program; (b) to dispose of damaged insured property Insured Property or equipment, if practicable, through a recycling process; and (c) to flush out reconstructed space with up to one hundred (100) percent outside air using new filtration media. With respect to any building that is Insured Property and was, at the time of the Breakdown or Electronic Circuitry Impairment, certified by a Recognized Environmental Standards Program, we the Company will pay the additional costs: (i) to prevent lapse of such certification; (ii) to reinstate the certification or replace it with an equivalent certification; (iii) for an engineer authorized by a Recognized Environmental Standards Program to oversee the repair or replacement of the damaged Insured Property; and (iv) for a professional engineer to commission or recommission your the Insured’s damaged mechanical, electrical, or electronic building systems. As used in this coverage, additional costs mean those beyond what would have been payable in the absence of this Green Coverage. This coverage applies in addition to any coverage that may apply under the Environmental and Efficiency Improvements or any other applicable coverage and only to Insured Property that must be repaired or replaced as a direct result of a Breakdown or Electronic Circuitry Impairment. This provision does not apply to any property valued or insured on an Actual Cash Value basis. In no event shall we the Company be liable for loss in excess of $25,000.