Loss Valuation definition
Loss Valuation means the value which the Equipment would have had if it had not been lost or destroyed, assuming the Equipment was in excellent condition prior to the event, as determined by an Approved Valuer;
Loss Valuation means the value which the Goods would have consequence of the enforcement of a judgment; or had if they had not been lost, destroyed or so damaged,
Loss Valuation. On a "Replacement Cost" basis with a policy modification to cover all cost to repair or replace the structure or work (including overhead and profits) and based on replacement cost calculations at the time of repair or replacement.
More Definitions of Loss Valuation
Loss Valuation means:
(i) the value which the Equipment would have had if it had not been lost, destroyed or irreparably damaged, assuming the Equipment was in excellent condition prior to the event, as determined by an Approved Valuer; as adjusted for:
(ii) the amount (if any) by which the estimate Fair Market Value of the Equipment immediately before its loss exceeds the amount we estimated would be the Fair Market Value or the residual value (whichever is the greater) of the Equipment at the end of the original term when we originally calculated the rental payments;
Loss Valuation means the value which the Goods would have