Common use of Predominant Use is Dwelling or Habitational Occupancies Clause in Contracts

Predominant Use is Dwelling or Habitational Occupancies. If a single structure is used for both habitational and non-habitational purposes and the predominant use is dwelling or habitational occupancies, the entire exposure for the structure should be reported to the FHCF under the Data Call, and the FHCF will reimburse losses for the entire structure.

Appears in 7 contracts

Samples: Reimbursement Contract, Reimbursement Contract, Reimbursement Contract (United Insurance Holdings Corp.)

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Predominant Use is Dwelling or Habitational Occupancies. If a single structure is used for both habitational and non-habitational purposes and the predominant use is dwelling or habitational occupancies, occupancies the entire exposure for the structure should be reported to the FHCF under the Data Call, and the FHCF will reimburse losses for the entire structure.

Appears in 1 contract

Samples: Reimbursement Contract (Federated National Holding Co)

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