Indemnity Agreement. In the event that any of the property insured be lost or damaged by the perils insured against the Insurer will indemnify the Insured against the direct loss so caused to an amount not exceeding whichever is the least of: (a) The actual cash value of the property at the time of loss or damage; (b) The interest of the Insured in the property; (c) The amount of insurance specified in the ”Declarations Page” in respect of the property lost or damaged. Provided, however, that where the insurance applies to the property of more than one person or interest, the Insurer's total liability for loss sustained by all such persons and interests shall be limited in the aggregate to the amount or amounts of insurance specified in the “Declarations Page”.
Appears in 4 contracts
Samples: Indemnity Agreement, Indemnity Agreement, Indemnity Agreement
Indemnity Agreement. In the event that any of the property insured be lost or damaged by the perils an insured against peril, the Insurer will indemnify the Insured against the direct loss so caused to an amount not exceeding whichever is the least of:
(a) The a. the actual cash value of the property at the time of loss or damage;
(b) The b. the interest of the Insured in the property;
(c) The c. the amount of insurance specified in on the ”Declarations “Declaration Page” in respect of to the property lost or damaged. Provided, however, that where the insurance applies to the property of more than one 1 person or interest, the Insurer's insurer’s total liability for loss sustained by all such persons and interests shall be limited in the aggregate to the amount or amounts of insurance specified in on the “Declarations Declaration Page”.
Appears in 3 contracts
Samples: Indemnity Agreement, Indemnity Agreement, Commercial Property Insurance Agreement
Indemnity Agreement. In the event that any of the property insured Insured be lost or damaged by an insured peril, the perils insured against the Insurer insurer will indemnify the Insured against the direct loss so caused to an amount not exceeding whichever is the least of:
(a) The a. the actual cash value of the property at the time of loss or damage;
(b) The b. the interest of the Insured in the property;
(c) The c. the amount of insurance specified in on the ”Declarations “Declaration Page” in respect of to the property lost or damaged. Provided, however, that where the insurance applies to the property of more than one 1 person or interest, the Insurer's insurer’s total liability for loss sustained by all such persons and interests shall be limited in the aggregate to the amount or amounts of insurance specified in on the “Declarations Declaration Page”.
Appears in 2 contracts
Samples: Commercial Property Insurance Agreement, Commercial Property Insurance Agreement
Indemnity Agreement. In the event that any of the property insured be lost or damaged by the perils insured against against, the Insurer will indemnify the Insured against the direct loss so caused to an amount not exceeding whichever is the least of:
(a) The the actual cash value of the property at the time of loss or damage;
(b) The the interest of the Insured in the property;
(c) The the amount of insurance specified in on the ”Declarations Page” page in respect of the property lost or damaged. Provided, however, that where the insurance applies to the property of more than one person or interest, the Insurer's total liability for loss sustained by all such persons and interests shall be limited in the aggregate to the amount or amounts of insurance specified in on the “Declarations Page”page.
Appears in 2 contracts
Samples: Indemnity Agreement, Commercial Property Insurance Agreement
Indemnity Agreement. In the event that any of the property insured be lost or damaged by the perils insured against against, the Insurer will indemnify the Insured against the direct loss so caused to an amount not exceeding whichever is the least of:
(a) The actual cash value of the property at the time of loss or damage;
(b) The interest of the Insured insured in the property;
(c) The amount of insurance specified in the ”“Declarations Page” in respect of the property lost or damaged. Provided, however, that where the insurance applies to the property of more than one person or interest, the Insurer's insurer’s total liability for loss sustained by all such persons and interests shall be limited in the aggregate to the amount or amounts of insurance specified in the “Declarations Page”.
Appears in 2 contracts
Samples: Indemnity Agreement, Indemnity Agreement
Indemnity Agreement. In the event that any of the property insured be lost or damaged by the perils insured against against, the Insurer will indemnify the Insured against the direct loss so caused to an amount not exceeding whichever is the least of:
(a) The the actual cash value of the property at the time of loss or damage;
(b) The the interest of the Insured in the property;
(c) The the amount of insurance specified in on the ”"Declarations Page” " in respect of the property lost or damaged. Provided, however, that where the insurance applies to the property of more than one person or interest, the Insurer's total liability for loss sustained by all such persons and interests shall be limited in the aggregate to the amount or amounts of insurance specified in on the “"Declarations Page”".
Appears in 1 contract
Samples: Indemnity Agreement
Indemnity Agreement. In the event that any of the property insured be lost or damaged by the perils insured against against, the Insurer will indemnify the Insured against the direct loss so caused to an amount not exceeding whichever whi- chever is the least of:
(a) The a. the actual cash value of the property at the time of loss or damage;
(b) The b. the interest of the Insured in the property;
(c) The c. the amount of insurance specified in on the ”"Declarations Page” " in respect of the property lost or damaged. Provided, however, that where the insurance applies to the property of more than one person or interest, the Insurer's total liability for loss sustained by all such persons and interests shall be limited in the aggregate to the amount or amounts of insurance specified in on the “"Declarations Page”".
Appears in 1 contract
Samples: Indemnity Agreement