Real Property Damage definition

Real Property Damage means the Real Property that was destroyed by the claimed Sewage Disposal System Event occurring on or about April 30-May 1, 2019, at the Claimed Address. The monetary value of the Real Property Damage shall be strictly limited to the lesser of the estimated and/or actual cost to repair the Real Property destroyed and to return the Real Property to its condition that existed immediately prior to the claimed Sewage Disposal System Event occurring on or about April 30-May 1, 2019. Real Property Damage does not include any Real Property that was damaged by overland flooding of stormwater onto Real Property. The monetary value of the Real Property Damage shall not include any other measure of Real Property loss or damage, including but not limited to, the lost rental value, diminished market value, loss of use or enjoyment or business interruption.
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Real Property Damage means for Subclass A and Subclass B the Real Property that was destroyed by the claimed Sewage Disposal System Event occurring on or about August 11, 2014 at the Claimed Address. The monetary value of the Real Property Damage shall be strictly limited to the lesser of the estimated and/or actual cost to repair the Real Property destroyed
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Examples of Real Property Damage in a sentence

  • Damages alleged by a Wetlands Real Property Damage Claimant that meet the requirements set forth in the Wetlands Real Property Claim Framework.

  • Real Property Interests; Liens on Real Property; Damage to Real Property;Rights to Acquire Real Property Schedule 4.12 ......................................

Related to Real Property Damage

  • Property damage means physical injury to, destruction of or loss of use of tangible property.

  • Severe property damage means substantial physical damage to property, damage to the treatment facilities which would cause them to become inoperable, or substantial and permanent loss of natural resources which can reasonably be expected to occur in the absence of a bypass. Severe property damage does not mean economic loss caused by delays in production.

  • Environmental Damage means any injury or damage to persons, living organisms or property (including offence to man’s senses) or any pollution or impairment of the environment resulting from the discharge, emission, escape or migration of any substance, energy, noise or vibration;

  • Damage to Property means physical injury to or destruction of tangible property, including the loss of its use. Tangible property includes the cost of recreating or replacing stocks, bonds, deeds, mortgages, bank deposits and similar instruments, but does not include the value represented by such instruments.

  • Materially Damaged means damage which, in Seller’s reasonable estimation, exceeds $500,000.00 to repair or which, in Seller’s reasonable estimation, will take longer than ninety (90) days to repair.