Common use of Prohibited Exclusions Clause in Contracts

Prohibited Exclusions. The builder’s risk policy shall not contain any (i) coinsurance provisions, or (ii) exclusion for loss or damage resulting from freezing or mechanical breakdown.

Prohibited Exclusions. The builder’s risk policy shall not contain any (i) coinsurance provisions, or (ii) exclusion for ensuing direct physical loss or damage resulting from freezing freezing, (iii) exclusion for physical loss or mechanical breakdowndamage covered under any guarantee or warranty arising out of an insured peril, or (iv) exclusion for resultant physical loss or damage caused by ordinary wear and tear, gradual deterioration, faulty workmanship, design or materials.

Prohibited Exclusions. The builder’s 's risk policy shall not contain any (i) coinsurance provisions, or (ii) exclusion for ensuing direct physical loss or damage resulting from freezing freezing, (iii) exclusion for physical loss or mechanical breakdowndamage covered under any guarantee or warranty arising out of an insured peril, or (iv) exclusion for resultant physical loss or damage caused by ordinary wear and tear, gradual deterioration, faulty workmanship, design or materials.

Prohibited Exclusions. The builder’s 's risk policy shall not contain any (i) coinsurance provisions, or (ii) exclusion for ensuing direct physical loss or damage resulting from freezing freezing, (iii) exclusion for physical loss or mechanical breakdowndamage covered under any guarantee or warranty arising out of an insured peril, or (iv) exclusion for resultant physical loss or damage caused by ordinary wear and tear, gradual deterioration, faulty workmanship, [design] or materials.

Prohibited Exclusions. The builder’s risk policy or endorsement shall not contain any (i) coinsurance provisions, or (ii) exclusion for ensuing direct physical loss or damage resulting from freezing or mechanical breakdown.(subject to the policy terms and conditions). DMEAST #39698570 v7 12