Examples of Risk Coverage in a sentence
The Contractor’s Builder's Risk Coverage shall be on a special covered cause of loss form and shall include theft, vandalism, malicious mischief, collapse, false-work, temporary buildings and debris removal including demolition, increased cost of construction, architect's fees and expenses, flood and earthquake coverage, materials and equipment in transit, and all below and above ground structures, water and sewer mains.
Property Coverage (Builder’s Risk) Coverage must be afforded in an amount not less than 100% of the total project cost, including soft costs, with a deductible of no more than $25,000 each claim.
Builder's Risk/Installation Floater The Contractor shall procure and maintain during the life of the Contract, or until acceptance of the project by King County, whichever is longer, “All Risk” Builders Risk Insurance at least as broad as ISO form number CP0020 (Builders Risk Coverage Form) with ISO form number CP0030 (Causes of Loss—Special Form) including coverage for collapse, theft and property in transit.
Funds will be transferred from applicable Agency to ORM to pay the premium for the Builders Risk Coverage.
Personal Property Insurance covering leasehold improvements paid for by Tenant and Tenant's personal property and fixtures from time to time in, on, or at the Premises, in an amount not less than 100% of the full replacement cost, without deduction for depreciation, providing protection against events protected under "All Risk Coverage," as well as against sprinkler damage, vandalism, and malicious mischief.
The Guarantor shall at all times maintain the Foreign Exchange Risk Coverage Scheme in respect of the Loan.
Should a loss be sustained under the Builders Risk Coverage, the Contractor shall act on behalf of the College and the Contractor for the purpose of adjusting the amount of such loss with the insurance companies.
When the sales price is > $1 Million $635 + $63.50* for every $100,000 price increment over $1Million Supplemental Risk Coverage (Optional) Insurance E&O insurance standard deductible of $20,000 per agency waived for agent.
Prior to the commencement of any Work hereunder, the Contractor shall maintain and pay for Broad Form (All Risks) Builders Risk Coverage in the joint names of the College and the Contractor totaling not less than 100% of the total value of the Work done and materials delivered on the site (contract value) so that any loss under such policies of insurance will be payable to the College and the Contractor as their respective interests appear.
Builders Risk Coverage: (If Applicable) Limit: Minimum limit in the amount of total bid price.