Common use of Required Endorsements and Minimum Sublimits Clause in Contracts

Required Endorsements and Minimum Sublimits. i. Additional Expenses Due To Delay In Completion Project, including but not limited to financing costs including interest expenses, insurance expenses, Included with specific sublimits (based on an estimated 12 period of indemnity) as follows: professional fees and taxes; $1,900,000 — construction financing interest. $380,000 — real estate taxes $204,000 — insurance premiums

Required Endorsements and Minimum Sublimits. i. Additional Expenses Due To Delay In Completion Project, including but not limited to financing costs including interest expenses, insurance expenses, professional fees and taxes; Included with specific sublimits (based on an estimated 12 period of indemnity) as follows: professional fees and taxes; $1,900,000 — construction financing interest. $380,000 — real estate taxes $204,000 — insurance premiums