Common use of Xxxxxxxx Loaned, Rented or Leased Clause in Contracts

Xxxxxxxx Loaned, Rented or Leased. property from the time of leaving the Insured’s custody, if it is: 1.10.1. loaned, rented or leased to others; or 1.10.2. sold by the Insured under conditional sale or installment payment or other deferred payment plan; This exclusion (1.10.) does not apply while such property is in the custody of a carrier for hire for the purpose of delivery at the risk of the Insured;

Xxxxxxxx Loaned, Rented or Leased. property from the time of leaving the Insured’s custody, if it is: 1.10.1. loaned, rented or leased to others; or 1.10.2. sold by the Insured under conditional sale or installment payment or other deferred payment plan; This exclusion (1.10.) does not apply while such property is in the custody of a carrier for hire for the purpose of delivery at the risk of the Insured;