Common use of Limited Fungus And Related Perils Clause in Contracts

Limited Fungus And Related Perils. a. Subject to the Limited Fungus and Related Perils Coverage Aggregate Limit, "we" pay for direct physical loss or damage to covered property caused by or consisting of "fungus or related perils" that is the direct result of a "specified peril" that occurs during the policy period. The Limited Fungus and Related Perils Coverage Aggregate Limit also applies to any cost or expense to: 1) clean up, contain, treat, detoxify, or neutralize "fungus or related perils" on covered property or remove "fungus or related perils" from covered property; 2) remove and replace those parts of covered property if doing so is necessary to gain access to "fungus or related perils"; and 3) test for the existence or level of "fungus or related perils" following the repair, replacement, restoration, or removal of damaged property if it is reasonable to believe that "fungus or related perils" are present.

Limited Fungus And Related Perils. a. Subject to the Limited Fungus and Related Perils Coverage Aggregate Limit, "we" pay for direct physical loss or damage to covered property caused by or consisting of "fungus or related perils" that is the direct result of a "specified peril" covered peril that occurs during the policy period. The Limited Fungus and Related Perils Coverage Aggregate Limit also applies to any cost or expense to: 1) clean up, contain, treat, detoxify, or neutralize "fungus or related perils" on covered property or remove "fungus or related perils" from covered property; 2) remove and replace those parts of covered property if doing so is necessary to gain access to "fungus or related perils"; and 3) test for the existence or level of "fungus or related perils" following the repair, replacement, restoration, or removal of damaged property if it is reasonable to believe that "fungus or related perils" are present.