Property Insurance definition

Property Insurance is defined in Section 6.10(a).

Property Insurance means insurance against loss or damage to real or personal

Property Insurance means each insurance against direct or indirect loss of or damage to a property resulting from fire, smoke, weather disturbances, climatic conditions, earthquake, volcanic eruption, rising waters, insects, blight, animals, war damage, riot, civil commotion, destruction by order of civil authority to prevent spread of conflagration or for other reason, water damage, vandalism, glass breakage, explosion of a water system, collision, theft of automobiles, and personal effects in them (but no other forms of theft insurance), loss of or damage to domestic or wild animals, and any other perils to property which in the discretion of the director or his designee form proper subjects of property insurance, if not specified in items (1), (7), (11), (35), (40), (54), or (59) of this section.

Examples of Property Insurance in a sentence

• All-Risk Property insurance shall include: (i) coverage for fire, flood, wind and storm, tornado and earthquake with limits and coverage amounts similar to other facilities of similar construction, location and occupancy to the Project; and (ii) mechanical and electrical breakdown insurance covering all objects customarily subject to such insurance, including boilers and engines, and with limits equal to an amount equal to their probable maximum loss.

• The All-Risk Property insurance shall cover physical loss or damage to the Project including the period during testing and startup.

• The Contractor shall maintain a Property insurance policy covering “All Risk” of direct physical loss or damage, or equivalent, including the perils of theft, flood, transit, earthquake, and pollution clean-up expense for property owned by the state that is in the Contractor’s care, custody, and control.

• To secure this Loan Agreement I give you a security interest in the Property including existing and future improvements, easements, fixtures, attachments, replacements and additions to the Property, insurance refunds, and proceeds.

• Property insurance shall include not less than $1,000,000 Fire Legal liability on the Premises, including improvements and betterments owned by the Successor Agency, and shall name the Successor Agency as a loss payee.

More Definitions of Property Insurance

Property Insurance. The Contractor shall obtain at his expense any an all risk property insurance policy on his equipment on the work site as the same shall be at his risk until final completion and acceptance of the Project.

Property Insurance means property insurance as

Property Insurance means insurance against loss or damage to real or personal property of every kind and any interest in that property, from all hazards or causes, and against loss consequential upon the loss or damage including vehicle comprehensive and vehicle physical damage coverages, but excluding inland marine insurance and ocean marine insurance as defined under Subsections (38) and (58).

Property Insurance means insurance providing coverage for the Premises, the Building, and Building Equipment, against loss, damage, or destruction by fire and other hazards (except earthquake or war risk) from time to time during the Term.

Property Insurance means, collectively, the insurance policies and coverages described in clauses (i), (iii), (iv), (v) and, to the extent applicable, (vii) of Section 8.1 hereof.

Property Insurance means providing protection against damage or loss to real or personal property from perils such as fire, theft and wind.

Property Insurance. “Prop- erty insurance” means insurance on real or personal property of every kind and of every interest therein, whether on land, water or in the air, against loss or damage from any and all hazard or cause, and against conse- quential loss from such loss or damage, other than noncontractual legal liability for loss or damage. “Property insurance” does not in- clude title insurance. [1967 c.359 §40]