Equipment Breakdown definition

Equipment Breakdown as used herein means:
Equipment Breakdown means a sudden and accidental:
Equipment Breakdown means physical damage to covered equipment that is a direct result of an Accident. Accident means a fortuitous event that causes direct physical loss or damage to Covered Property. The event must be one of the following:

Examples of Equipment Breakdown in a sentence

  • Equipment Breakdown Coverage (a.k.a. Boiler & Machinery) shall be included as required by the Contract Documents or by law, which shall specifically cover insured equipment during installation and testing (including hot testing, where applicable).

  • Excess Property & Equipment Breakdown: The Fund purchases this coverage from the MEL3.

  • If a separate Equipment Breakdown deductible is shown, the following applies.

  • As used in this coverage, additional costs mean those beyond what would have been payable under this Equipment Breakdown Coverage had no “hazardous substance” been involved.

  • The Equipment Breakdown limit of insurance and deductible are Included in and not in addition to, the Blanket limit and deductible.


More Definitions of Equipment Breakdown

Equipment Breakdown means a mechanical breakdown of equipment at the Facility that is not the result of a Force Majeure that is an act of God or public enemy; landslide; sinkhole; lightning; earthquake; fire (unless caused by Seller's willful misconduct or failure to follow Prudent Utility Practice); storm; ice; snow; hurricane; tornado; wind; flood; riot; civil disturbance; insurrection; war; sabotage; terrorism; failure of contractors or suppliers (including, in the case of Seller, OUC and other Customers providing services to Seller) to provide fuel, equipment, material or services, provided that such failure would qualify as a Force Majeure under Section 1.1.44 if such failure were directly experienced by the applicable Party.
Equipment Breakdown means the following:
Equipment Breakdown means a sudden and accidental: a) Mechanical breakdown; or b) Electrical breakdown; or c) Bursting, cracking or splitting; of “Covered Home Equipment” that results in direct physical damage and requires repair or replacement of all or part of the damaged “Covered Home Equipment”.
Equipment Breakdown means accidental direct physical loss or damage resulting from mechanical breakdown, electrical breakdown, electronic breakdown, rupture, bursting, bulging, implosion or steam explosion originating within:
Equipment Breakdown will not mean: Physical loss or damage caused by or resulting from any of the following; however, if loss or damage not otherwise excluded results, then “we” will pay for such resulting damage: All losses excluded in the underlying coverage forms noted above; and Loss, damage, cost or expense directly caused by, contributed to by, resulting from or arising out of the following causes of loss: Fire, lightning, combustion explosion, windstorm or hail, weight of snow, ice or sleet, freezing, falling objects, smoke, aircraft or vehicles, riot or civil commotion, vandalism, sinkhole collapse, volcanic action, leakage from fire extinguishing equipment, water, water damage, earth movement and flood.
Equipment Breakdown as used herein means physical loss or damage both originating within:
Equipment Breakdown. “We” will pay “you” the amount “you” spend to repair or replace “your” Covered Property damaged by an “Equipment Breakdown”. “Our” payment will be the lesser of: