Common use of Electronic Data Processing Media Valuation Clause in Contracts

Electronic Data Processing Media Valuation. Notwithstanding any provision to the contrary within the Contract or any endorsement thereto, it is understood and agreed as follows:- Should electronic data processing media insured by this Contract suffer physical loss or damage insured by this Contract, then the basis of valuation shall be the cost of the blank media plus the costs of copying the ELECTRONIC DATA from back-up or from originals of a previous generation. These costs will not include research and engineering nor any costs of recreating, gathering or assembling such ELECTRONIC DATA. If the media is not repaired, replaced or restored the basis of valuation shall be the cost of the blank media. However this Contract does not insure any amount pertaining to the value of such ELECTRONIC DATA to the Assured or any other party, even if such ELECTRONIC DATA cannot be recreated, gathered or assembled. N.M.A. 2915 (25.1.01) Form approved by Lloyd’s Underwriters’ Non-Marine Association Limited ACE Tempest Reinsurance Ltd. Hamilton, Bermuda (hereinafter referred to as the “Subscribing Reinsurer") The Subscribing Reinsurer hereby accepts a 10.0% share in the interests and liabilities of the “Reinsurer” as set forth in the attached Contract captioned above. This Agreement shall become effective on September 10, 2004, and shall continue in force until May 31, 2005, both days inclusive. The Subscribing Reinsurer’s share in the attached Contract shall be separate and apart from the shares of the other reinsurers, and shall not be joint with the shares of the other reinsurers, it being understood that the Subscribing Reinsurer shall in no event participate in the interests and liabilities of the other reinsurers.

Electronic Data Processing Media Valuation. Notwithstanding any provision to the contrary within the Contract or any endorsement thereto, it is understood and agreed as follows:- Should electronic data processing media insured by this Contract suffer physical loss or damage insured by this Contract, then the basis of valuation shall be the cost of the blank media plus the costs of copying the ELECTRONIC DATA from back-up or from originals of a previous generation. These costs will not include research and engineering nor any costs of recreating, gathering or assembling such ELECTRONIC DATA. If the media is not repaired, replaced or restored the basis of valuation shall be the cost of the blank media. However this Contract does not insure any amount pertaining to the value of such ELECTRONIC DATA to the Assured or any other party, even if such ELECTRONIC DATA cannot be recreated, gathered or assembled. N.M.A. 2915 (25.1.01) Form approved by Lloyd’s Underwriters’ Non-Marine Association Limited ACE Tempest Reinsurance Ltd. HamiltonH▇▇▇▇▇▇▇, Bermuda (hereinafter referred to as the “Subscribing Reinsurer"”) The Subscribing Reinsurer hereby accepts a 10.013.50% share in the interests and liabilities of the “Reinsurer” as set forth in the attached Contract captioned above. This Agreement shall become effective on September 10October 1, 2004, and shall continue in force until May 31, 2005, both days inclusive. The Subscribing Reinsurer’s share in the attached Contract shall be separate and apart from the shares of the other reinsurers, and shall not be joint with the shares of the other reinsurers, it being understood that the Subscribing Reinsurer shall in no event participate in the interests and liabilities of the other reinsurers.

Electronic Data Processing Media Valuation. Notwithstanding any provision to the contrary within the Contract or any endorsement thereto, it is understood and agreed as follows:- Should electronic data processing media insured by this Contract suffer physical loss or damage insured by this Contract, then the basis of valuation shall be the cost of the blank media plus the costs of copying the ELECTRONIC DATA from back-up or from originals of a previous generation. These costs will not include research and engineering nor any costs of recreating, gathering or assembling such ELECTRONIC DATA. If the media is not repaired, replaced or restored the basis of valuation shall be the cost of the blank media. However this Contract does not insure any amount pertaining to the value of such ELECTRONIC DATA to the Assured or any other party, even if such ELECTRONIC DATA cannot be recreated, gathered or assembled. N.M.A. 2915 (25.1.01) Form approved by Lloyd’s Underwriters’ Non-Marine Association Limited ACE Tempest Reinsurance Ltd. HamiltonMunchener Ruckversicherungs-Gesellschaft Munich, Bermuda Germany (hereinafter referred to as the “Subscribing Reinsurer"”) The Subscribing Reinsurer hereby accepts a 10.04.92% share in the interests and liabilities of the “Reinsurer” as set forth in the attached Contract captioned above. This Agreement shall become effective on September 10October 1, 2004, and shall continue in force until May 31, 2005, both days inclusive. The Subscribing Reinsurer’s share in the attached Contract shall be separate and apart from the shares of the other reinsurers, and shall not be joint with the shares of the other reinsurers, it being understood that the Subscribing Reinsurer shall in no event participate in the interests and liabilities of the other reinsurers.

Electronic Data Processing Media Valuation. Notwithstanding any provision to the contrary within the Contract or any endorsement thereto, it is understood and agreed as follows:- Should electronic data processing media insured by this Contract suffer physical loss or damage insured by this Contract, then the basis of valuation shall be the cost of the blank media plus the costs of copying the ELECTRONIC DATA from back-up or from originals of a previous generation. These costs will not include research and engineering nor any costs of recreating, gathering or assembling such ELECTRONIC DATA. If the media is not repaired, replaced or restored the basis of valuation shall be the cost of the blank media. However this Contract does not insure any amount pertaining to the value of such ELECTRONIC DATA to the Assured or any other party, even if such ELECTRONIC DATA cannot be recreated, gathered or assembled. N.M.A. 2915 (25.1.01) Form approved by Lloyd’s Underwriters’ Non-Marine Association Limited ACE Tempest Reinsurance Ltd. HamiltonMunchener Ruckversicherungs-Gesellschaft Munich, Bermuda Germany (hereinafter referred to as the “Subscribing Reinsurer"”) The Subscribing Reinsurer hereby accepts a 10.05.64% share in the interests and liabilities of the “Reinsurer” as set forth in the attached Contract captioned above. This Agreement shall become effective on September 10October 1, 2004, and shall continue in force until May 31, 2005, both days inclusive. The Subscribing Reinsurer’s share in the attached Contract shall be separate and apart from the shares of the other reinsurers, and shall not be joint with the shares of the other reinsurers, it being understood that the Subscribing Reinsurer shall in no event participate in the interests and liabilities of the other reinsurers.