Survey Report definition
Examples of Survey Report in a sentence
Additionally, Claimstant may, on behalf of the Customer, pay the Garage an advance of up to 25% of the amount approved in the Interim Survey Report of the Insurance Surveyor, if such advance is requested and approved.
Claimstant, on behalf of the Customer, agrees to pay the Garage an amount equivalent to the repair cost approved by the Insurance Surveyor in the Final Survey Report, which represents the expected claim settlement by the Insurance Company.
The total Service amount, including any advance, shall not exceed the Final approved amount as per the Final Survey Report.
The Margin Money shall be defined as the difference between the total estimated cost of repairs of the Asset, as quoted by the Garage, and the potential insurance claim amount approved in the Final Survey Report by the Insurance Surveyor.