Location of Risk definition

Location of Risk means the Insured Premises specified under the Schedule.

Examples of Location of Risk in a sentence

  • The Company or their representative shall have reasonable time and opportunity to examine the property, and the Named Insured’s Location of Risk, before repairs are undertaken or physical evidence of the Accident is removed, except for protection or salvage.

  • The Company will cover the death of the Insured if death occurs at the Location of Risk and is caused by violent external and visible means sustained as a result of fire, Robbery or Burglary; or solely by Injury to the Insured as a result of Accident.

  • The Company will also cover the Insured against legal liability as an owner not in occupation at the Location of Risk specified in the Schedule, subject to a maximum limit of HK$1,000,000, (inclusive of legal costs and expenses) in respect of any one claim or series of claims arising out of one event and in aggregate during each Period of Insurance.

  • The Company will pay the Insured for accidental physical loss of or damage to the Household Contents during the course of such Household Contents being moved by professional removers from the Location of Risk to a new risk location within Hong Kong.

  • The Company will pay the Insured for accidental physical loss of or damage to the Household Contents during the course of such Household Contents being temporarily removed from the Location of Risk to any other premises within Hong Kong for cleaning, repair or maintenance for up to fourteen (14) days.

  • The Company will indemnify the Insured against the accidental physical loss of or damage to an un-opened bottle of wine kept by the Insured at the Location of Risk as specified in the Schedule.

  • In respect of each and every claim for physical loss of or damage to the Household Contents, Personal Effects and Valuables contained within the Location of Risk caused by rainwater seepage due to tropical cyclone warning signal no.3 or above or rainstorm signal “Amber” or above (see Section 1P), the excess shall be 10% of the adjusted loss subject to a minimum of HK$3,000 or otherwise specified in the Schedule.

  • The building structure of Location of Risk is of concrete construction.

  • The Company will indemnify the Insured in respect of the breakage of window glass at the Location of Risk caused by the insured perils.

  • The Company will pay the cost incurred by the Insured up to HK$30,000 subject to a maximum daily limit of HK$1,000 during each Period of Insurance for any reasonable temporary accommodation occupied by the Insured in the event the Location of Risk becomes uninhabitable due to accidental physical loss of or damage to the Building.

Related to Location of Risk

  • General Conditions Cost means costs incurred and minor work performed by Contractor without the need for competitive bids/proposals. The allowable General Conditions items are limited in Paragraph 11.1 and are further described on Exhibit “D”. The maximum allowable General Conditions Cost payable to Contractor during the Construction Phase of the Project is set out in Exhibit “A” attached to this Agreement.

  • Terms of Use means any privacy policy, terms of use or other terms and conditions made applicable by BNYM in connection with the Company’s or a Permitted User’s access to and use of a Component System or a BNYM Web Application or other access site or access method.

  • General Conditions means the “International Development Association General Conditions for Credits and Grants”, dated July 1, 2005 (as amended through October 15, 2006).