Property Damage Insurance definition

Property Damage Insurance means insurance against loss of or damage to property that is not included in or incidental to some other class of insurance defined by or under this Act; (assurance contre les dommages matériels)

Property Damage Insurance. For Landlord: $2,000,000 100% of the full replacement value of the insured property 100% of the full replacement value of the Building and Property

Property Damage Insurance. Property damage insurance on an "all risk" basis (with customary conditions and exclusions) including coverage against damage or loss caused by earth movement and flood and providing coverage for the Project other than the Satellite (the "COVERED PROPERTY") in a minimum aggregate amount equal to the "full insurable value" of the Covered Property. For purposes of this clause (ii), "full insurable value" shall mean the full replacement value of the Covered Property, including any improvements and equipment and supplies, without deduction for physical depreciation or obsolescence; all such policies may have deductibles of not greater than one million Dollars ($1,000,000) (or its equivalent in another currency or other currencies) except for earth movement insurance which shall have the lowest deductible as shall (in the opinion of AEF) be available on commercially reasonable terms in the insurance market place. Such insurance shall include an "agreed amount" clause.

Examples of Property Damage Insurance in a sentence

• Where applicableSpecial attention is called to requirements for Public Liability and Property Damage Insurance, Workmen’s Compensation Insurance, Social Security Act, Labor, Employment, Unemployment, Wages, Hours, Discrimination in Employment and Assignment of Contract.

• Upon request, the Contractor shall present an affidavit of Worker's Compensation, Public Liability, and Property Damage Insurance to Procurement and Contracts.

• The minimum amounts of such insurance shall be the same as required for Public Liability and Property Damage Insurance.

• The amount of Property Damage Insurance shall not be less than $300,000.00 per occurrence.

• The Contractor shall supply the City with evidence of having and maintaining proper and complete insurance, specifically Worker’s Compensation Insurance in accordance with the laws of the State of Arkansas, Public Liability Insurance and Property Damage Insurance.

• Lessor shall obtain and keep in force during the term of this Lease a policy of Combined Single Limit Bodily Injury and Broad Form Property Damage Insurance, plus coverage against such other risks Lessor deems advisable from time to time, insuring Lessor, but not Lessee, against liability arising out of the ownership, use, occupancy or maintenance of the Office Building Project in an amount not less than $5,000,000.00 per occurrence.

• The Contractor shall present an affidavit of Worker’s Compensation, Public Liability and Property Damage Insurance to Procurement and Contracts.

• The above policies for Public Liability and Property Damage Insurance must be so written as to include Contingent Liability and Contingent Property Damage Insurance to protect the contract against claims arising from the operation of subcontractors.

• This policy shall name the appropriate Railroad as "The Insured" to comply with the Standard Uniform Policy for Railroad Protective Liability and Property Damage Insurance developed and adopted in 1958 by AASHTO-AAR and by Federal Aid Policy Guide 646A Subchapter G, Subpart A, Sections 646.101 through 646.111.

• Contractors must also provide Program Operator with evidence of Workers’ Compensation Insurance and Comprehensive General Liability and Property Damage Insurance with Combined Single Limits of at least $1,000,000.

More Definitions of Property Damage Insurance

Property Damage Insurance. (x) Property damage insurance on an "all risk" basis (with customary conditions and exclusions) including coverage against damage or loss caused by earth movement and flood and providing coverage for its

Property Damage Insurance. For Tenant: 100% of the full replacement value of the Tenant's insured personal property. For Landlord: 100% of the full replacement value of the Building and Property.

Property Damage Insurance. Property insurance on an "all risk" basis insuring the Borrower and the Secured Parties, as their interests may appear, including coverage against damage or loss caused by earth movement (including but not limited to earthquake, landslide, subsidence and volcanic eruption), flood, turbine and machinery accidents.

Property Damage Insurance means insurance against loss or of damage to property that is not included in or incidental to some other class of insurance under this Act;

Property Damage Insurance means the Required Insurance as set out in paragraph 1 of Schedule 17 (Insurance);

Property Damage Insurance. The Client shall obtain property damage insurance, with a minimum limit of _______________________, covering any damage to the Venue or its property caused by the Client, its guests, or any third-party vendors engaged by the Client.