Covered Damages Sample Clauses
Covered Damages. The Minister shall indemnify against all physical loss or damages to the Artwork directly caused by any accidental events, including damages caused by earthquakes or volcanic eruptions or tsunami caused therefrom or terrorism (acts by a person acting on behalf of or in cooperation with an organization, who engages in activities directed to overturn or control any government established legally or illegally, through armed forces or violence, including any parties acting for political, ideological, or religious motives; the same shall apply hereinafter), excluding damages caused by events set forth in each of the items in Article 9 (hereinafter referred to as "Covered Damages").
Covered Damages. The Aggregate Merger Consideration is subject to reduction as provided in this Section 11.2 for Covered Damages, subject to the limitations set forth in this Article XI, including Section 11.5(e), which limits the reduction of the Aggregate Merger Consideration for Covered Damages to the Escrow Fund.
Covered Damages. The Damage Waiver applies to: ● Accidental damage caused by normal use. ● Minor scratches, dents, or cosmetic wear. ● Mechanical failure not caused by misuse, negligence, or abuse.