Common use of Loss Settlement Clause in Contracts

Loss Settlement. Covered property losses are settled at actual cash value at the time of loss but not more than the amount required to repair or replace.

Loss Settlement. Covered property losses are settled at actual cash value at the time of loss but not more than the amount required to repair or replacereplace the damaged property.

Loss Settlement. Covered property losses are settled at actual cash value at the time of loss but not more than the amount required to repair re- pair or replacereplace the damaged property.

Loss Settlement. Covered property losses are settled at actual cash value at the time of loss but not more than the amount required to repair or replacere- place.

Loss Settlement. Covered property losses are settled at actual cash value Actual Cash Value at the time of loss but not more than the amount required to repair or replaceloss.

Loss Settlement. Covered property losses are settled at as "actual cash value value" at the time of loss but not no more than the amount required to repair or replace.

Loss Settlement. Covered property losses are settled at "actual cash value value" at the time of loss but not more than the amount required to repair or replacereplace the damaged property.

Loss Settlement. Covered property losses are settled at actual cash value at the time of loss but not more than the amount required to repair or replace. However, the valuation of any covered property losses does not include and we will not pay any amount for “diminution in value”.