Common use of Partial Loss Clause in Contracts

Partial Loss. If the participant machinery suffers damage the basis of indemnification shall be the costs and expenses reasonably and necessarily incurred to restore the damaged machinery to its working condition immediately before the occurrence of the damage including the costs of gaining access dismantling re- erection as well as ordinary freight and customs dues provided that a. the value of parts which can be used in any way whatsoever will be deducted. b. the costs of any alteration addition improvement or overhaul carried out at the time of repair or replacement are not recoverable under this Agreement. c. if without the consent of the Company temporary repairs are carried out by the Participant in the interests of safety or to minimise further loss or damage to the Covered property the cost of such temporary repairs will be borne by the Company. In the event that the temporary repairs aggravate the loss or cause additional loss or damage to the Covered property any additional costs so incurred or consequences arising therefrom will be for the account of the Participant. d. where the damage is restricted to a part or parts of a covered item the Company shall not be liable for an amount greater than the value of such part or parts which are lost or damaged as allowed for within the Sum covered.

Partial Loss. If the participant covered plant or machinery suffers damage the basis of indemnification shall be the costs and expenses reasonably and necessarily incurred to restore the damaged machinery to its working condition immediately before the occurrence of the damage including the costs of gaining access dismantling re- erection re-installation as well as ordinary freight and customs dues provided that a. any existing undamaged or repairable parts of the value of parts damaged covered item(s) which can be reasonably utilised shall be used in any way whatsoever will be deductedthe repairs. b. the costs of any alteration addition improvement or overhaul carried out at the time of repair or replacement are not recoverable under this Agreement. c. if without the consent of the Company temporary repairs are carried out by the Participant in the interests of safety or to minimise further loss or damage to the Covered property Property the cost of such temporary repairs will be borne by the Companycompany. In in the event that the temporary repairs aggravate the loss or cause additional loss or damage to the Covered property Property any additional costs so incurred or consequences arising therefrom will be for the account of the Participant. d. where the damage is restricted to a part or parts of a covered item the Company shall not be liable for an amount greater than the value of such part or parts which are lost or damaged as allowed for within the Sum coveredCovered.

Partial Loss. If the participant covered machinery suffers damage the basis of indemnification shall be the costs and expenses reasonably and necessarily incurred to restore the damaged machinery to its working condition immediately before the occurrence of the damage including the costs of gaining access dismantling re- erection as well as ordinary freight and customs dues provided that a. the value of parts which can be used in any way whatsoever will be deducted. b. the costs of any alteration addition improvement or overhaul carried out at the time of repair or replacement are not recoverable under this Agreement. c. if without the consent of the Company temporary repairs are carried out by the Participant in the interests of safety or to minimise further loss or damage to the Covered property Property the cost of such temporary repairs will be borne by the Company. In the event that the temporary repairs aggravate the loss or cause additional loss or damage to the Covered property Property any additional costs so incurred or consequences arising therefrom will be for the account of the Participant. d. where the damage is restricted to a part or parts of a covered item the Company shall not be liable for an amount greater than the value of such part or parts which are lost or damaged as allowed for within the Sum covered.

Partial Loss. If the participant covered machinery suffers damage the basis of indemnification shall be the costs and expenses reasonably and necessarily incurred to restore the damaged machinery to its working condition immediately before the occurrence of the damage including the costs of gaining access dismantling re- erection as well as ordinary freight and customs dues provided that a. the value of parts which can be used in any way whatsoever will be deducted. b. the costs of any alteration addition improvement or overhaul carried out at the time of repair or replacement are not recoverable under this Agreement. c. if without the consent of the Company temporary repairs are carried out by the Participant in the interests of safety or to minimise further loss or damage to the Covered property Property the cost of such temporary repairs will be borne by the Company. In the event that the temporary repairs aggravate the loss or cause additional loss or damage to the Covered property Property any additional costs so incurred or consequences arising therefrom will be for the account of the Participant. d. where the damage is restricted to a part or parts of a covered item the Company shall not be liable for an amount greater than the value of such part or parts which are lost or damaged as allowed for within the Sum covered.