Impaired property definition

Impaired property means tangible property, other than "your product" or "your work", that cannot be used or is less useful because:

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Impaired property means tangible property, other than "the Named Insured’s product" or "the Named Insured’s work", that cannot be used or is less useful because:

Impaired property means tangible property (other than "products" or "your work"): a. that is less useful or no longer useable because: 1) it includes "products" or "your work" that is, or is believed to be, deficient or dangerous; or 2) you" failed to carry out the terms of a contract or agreement; and b. which can be restored by: 1) the repair, replacement, adjustment, or removal of "products" or "your work"; or

Examples of Impaired property in a sentence

• This insurance is not permitted to include any type of exclusion or limitation of coverage applicable to claims arising from: ▪ Contractual assumption of liability; ▪ Impaired property that has not been physically injured; ▪ Materials supplied or handled by the named insured; ▪ Property damage to the work performed by the named insured; ▪ Punitive, exemplary, or multiplied damages; or work performed by subcontractors.

• This insurance is not permitted to include any type of exclusion or limitation of coverage applicable to claims arising from: ▪ Contractual assumption of liability; ▪ Impaired property that has not been physically injured; ▪ Materials supplied or handled by the named insured; ▪ Property damage to the work performed by the named insured; ▪ Punitive, exemplary or multiplied damages; or work performed by subcontractors.

• Impaired property; if such product, work, or property is withdrawn or recalled from the market or from use by any person or organization because of a known or suspected defect, deficiency, inadequacy, or dangerous condition in it.

More Definitions of Impaired property

Impaired property means tangible property, other than your product or your work, that cannot be used or is less useful because it incorporates your product or your work that is known or thought to be defective, deficient, inadequate, or dangerous, or if such property can be restored to use by the repair, replacement, adjustment or removal of your product or your work.

Impaired property means tangible prop- erty, other than "your product" or "your work", that cannot be used or is less useful because:

Impaired property means tangible property, other than work performed for you, that cannot be used or is less useful because:

Impaired property means tangible property, other than your product or your work, that can- not be used or is less useful because:

Impaired property means tangible "business" property, other than "your product" or "your work":

Impaired property has the meaning set forth in Section 8.18.

Impaired property means tangible property (other than "products" or "your work"):