Common use of Partial Loss Clause in Contracts

Partial Loss. If the covered machinery suffers damage the basis of indemnification shall be the costs and expenses reasonably and necessarily incurred to restore the damaged machinery to its working condition immediately before the occurrence of the damage including the costs of gaining access dismantling re- erection as well as ordinary freight and customs dues provided that

Partial Loss. If the covered participant machinery suffers damage the basis of indemnification shall be the costs and expenses reasonably and necessarily incurred to restore the damaged machinery to its working condition immediately before the occurrence of the damage including the costs of gaining access dismantling re- erection as well as ordinary freight and customs dues provided that