Declared Value definition

Declared Value means your assessment of the cost of reinstatement of the property insured (as defined in Basis of settlement - Reinstatement) at the level of costs applying at the inception of the period of insurance (ignoring inflationary factors which may operate subsequently) together with insofar as the insurance by the item provides due allowance for

Declared Value means the assessment by the Insured of the cost of reinstatement of Property Insured arrived at in accordance with paragraph 1ai of the Basis of Settlement Adjustments at the level of costs applying at inception of the Period of Insurance (ignoring inflationary factors which may subsequently operate), together with, to the extent that cover provides, due allowance for

Declared Value means the Insured's assessment of the cost of reinstatement of the property insured arrived at in accordance with the first paragraph of the Reinstatement Value Conditions at the level of costs applying at the inception of the period of insurance (ignoring inflationary factors which may operate subsequently to the fixing of the Declared Value) together with, in so far as the insurance by the item provides, due allowance for:

Examples of Declared Value in a sentence

• Declarations of Declared Value are between the Exhibitor and the selected Carrier ONLY, and are in no way an extension of Freeman's maximum liability stated herein.

• Freeman will use commercially reasonable efforts to transmit the Declared Value instructions to the selected Carrier; however, FREEMAN WILL NOT BE LIABLE FOR ANY CLAIM ARISING FROM THE TRANSMITTAL OF, OR FAILURE TO TRANSMIT, DECLARED VALUE INSTRUCTIONS TO THE CARRIER NOR FOR FAILURE OF THE CARRIER TO UPHOLD THE DECLARED VALUE OR ANY OTHER TERM OF CARRIAGE.

• If You fail to notify Us of the Declared Value at the start of any Period of Insurance, We will use the last Declared Value notified to Us for the following Period of Insurance.

• In no case shall Carrier’s maximum liability exceed $20,000 (Canadian dollars) unless Excess Declared Value Coverage is requested and the additional charges paid.

• TEG will use commercially reasonable efforts to transmit the Declared Value instructions to the selected Carrier; however, TEG WILL NOT BE LIABLE FOR ANY CLAIM ARISING FROM THE TRANSMITTAL OF, OR FAILURE TO TRANSMIT, DECLARED VALUE INSTRUCTIONS TO THE CARRIER NOR FOR FAILURE OF THE CARRIER TO UPHOLD THE DECLARED VALUE OR ANY OTHER TERM OF CARRIAGE.

More Definitions of Declared Value

Declared Value means the Takaful Participant's assessment of the cost of replacement or reinstatement of the property covered arrived at in accordance with the opening paragraph of the Reinstatement Value Clause, at the level of costs applying at the inception of the Period of Takaful (ignoring inflationary factors which may operate subsequently) together with, insofar as the Takaful by the item provides, due allowance for:-

Declared Value in relation to property means the value of the property as declared in the declaration completed in terms of section 14 by the person who has acquired the property;

Declared Value means your assessment of the cost of reinstatement of the property insured arrived at in accordance with paragraph a i) at the level of costs applying at the inception of the period of insurance. You should ignore any inflationary factors which may operate subsequently. You should also make an allowance for

Declared Value for a parameter means the value given by the manufacturer or importer in the technical documentation pursuant to point 2 of Annex IV to Directive 2009/125/EC;

Declared Value means the Insured’s assessment of the cost of reinstatement of the Property Insured arrived at in accordance with Extension 7A(a) at the level of costs applying at the inception of the Period of Insurance (ignoring inflationary factors which may operate subsequently) together with in so far as the insurance by the item provides, due allowance for

Declared Value means your assessment of the cost of reinstatement of the property insured arrived at in accordance with paragraph 9.1.1 of Standard Clause 9 at the level of costs applying at inception of the period of insurance (ignoring inflationary factors which may operate subsequently) together with, if insured hereby, due allowance for

Declared Value means your assessment of the cost of reinstatement of the property insured in a condition equal to but not better or more extensive than when new at the level of costs applying at the inception of the period of insurance (ignoring inflationary factors which may operate subsequently) together with allowance if required for