Common use of Sum Insured Clause in Contracts

Sum Insured. The builder’s risk policy shall (i) be on a completed value form, with no periodic reporting requirements, (ii) insure 100% of the replacement value of the Improvements, and (iii) value losses at replacement cost, without deduction for physical depreciation or obsolescence including custom duties, taxes and fees (if rebuilt or repaired).

Sum Insured. The builder’s 's risk policy shall (i) be on a ----------- completed value form, with no periodic reporting requirements, (ii) insure 100% of the replacement completed insurable value of the ImprovementsBuilding(s), and (iii) value losses at replacement cost, without deduction for physical depreciation or obsolescence including custom duties, taxes and fees and (if rebuilt iv) insure loss or repaired)damage from earth movement and flood with separate sublimits of $15,000,000.

Sum Insured. The builder’s risk policy or endorsement shall (i) be on a completed value form, with no periodic reporting requirements, (ii) insure 100% of the replacement completed insurable value of the Improvements constituting a part of the Improvements, and (iii) value losses at replacement cost, without deduction for physical depreciation or obsolescence including custom duties, taxes and fees and (if rebuilt iv) insure loss or repaired)damage from earth movement and flood with separate sublimits equal to not less than $10,000,000.

Sum Insured. The builder’s 's risk policy shall (i) be on a completed value form, with no periodic reporting requirements, (ii) insure 100% of the replacement completed insurable value of the ImprovementsBuilding(s), and (iii) value losses at replacement cost, without deduction for physical depreciation or obsolescence including custom duties, taxes and fees and (if rebuilt iv) insure loss or repaired)damage from earth movement and flood with separate sublimits equal to the anticipated cost of the related Leased Property.

Sum Insured. The builder’s risk policy shall (i) be on a completed value form, with no periodic reporting requirements, (ii) insure 100% of the replacement completed insurable value of the ImprovementsBuilding(s), and (iii) value losses at replacement cost, without deduction for physical depreciation or obsolescence including custom duties, taxes and fees and (if rebuilt iv) insure loss or repaired)damage from earth movement and flood with separate sublimits equal to the anticipated cost of the related Leased Property.

Sum Insured. The builder’s risk policy shall (i) be on a completed value form, with no periodic reporting requirements, (ii) insure 100% of the replacement value of the ImprovementsImprovements (except with respect to flood and earthquake, in each such case, the policy shall be in an amount not less than $10,000,000) and (iii) value losses at replacement cost, without deduction for physical depreciation or obsolescence including custom duties, taxes and fees (if rebuilt or repaired).

Sum Insured. The builder’s risk policy shall (i) be on a completed value form, with no periodic reporting requirements, (ii) insure 100% of the replacement completed insurable value of the ImprovementsBuilding(s), and (iii) value losses at replacement cost, without deduction for physical depreciation or obsolescence including custom duties, taxes and fees and (if rebuilt iv) insure loss or repaired)damage from earth movement and flood with separate sublimits of $15,000,000.

Sum Insured. The builder’s 's risk policy shall (i) be on a completed value form, with no periodic reporting requirements, (ii) insure 100% of the replacement completed insurable value of the ImprovementsBuilding(s), and (iii) value losses at replacement cost, without deduction for physical depreciation or obsolescence including custom duties, taxes and fees and (if rebuilt iv) insure loss or repaired)damage from earth movement and flood with separate sublimits of $15,000,000.