Examples of Pressure Plant in a sentence
In respect of any boiler within the definition of Pressure Plant, which uses a heat transfer medium other than water, such heat transfer medium and its vapour shall be considered as substituted for the words “water” and “steam” wherever such words appear in the definition of Pressure Plant.
If the Boiler Pressure Plant covered under Item No. 1 of the Policy Schedule shall at the time of any loss be of greater value than the Sum Insured shall be considered as being the own Insurer for the difference and shall bear a rateable share of the loss accordingly.
In respect of any unfired vessel within the definition of Pressure Plant, which is used for the storage of gas or liquid and which is periodically filled, moved, emptied and refilled in the course of its normal service, such circumstances shall not prevent the vessel from being considered as “in use or connected for use”, for the purpose of the terms of this Policy.
Damage to surrounding property owned by or leased to the Insured and for which the Insured is responsible caused by Explosion of Pressure Plant not exceeding the Limit of Indemnity for Damage for which liability is accepted by the Company.
If the Boiler Pressure Plant covered under Item No. 1 of the Policy Schedule shall at the time of any loss be of greater value than the Sum Insured, the insured shall be considered as being their own Insurer for the difference and shall bear a rateable share of the loss accordingly.The terms value shall mean the new replacement value of the Plant which is inclusive of freight dues and custom duties, if any and erection costs.