Common use of Supply utilities Clause in Contracts

Supply utilities. a) We will indemnify you for loss of rent receivable in consequence of: i) damage by an insured peril to property at any: I) generating station or sub-station of the electricity supply undertaking; II) land-based premises of the gas supply undertaking or of any natural gas producer linked directly therewith; III) water works or pumping station of the water supply undertaking; or IV) land-based premises of the telecommunications undertaking; from which you obtain electricity, gas, water or telecommunication services. ii) accidental failure at the premises of: I) the terminal ends of the electricity supply utility service feeders; II) the supply of gas at the supply utility meters; III) the supply of water at the supply utility main stopcock; or IV) the supply of telecommunication services at the incoming line terminal or receivers. For the avoidance of doubt, damage to any satellite or interruption in the supply of any telecommunication following damage to any satellite is excluded from and not insured by this policy; b) The maximum amount payable in respect of any one (1) occurrence under this clause will not exceed 15% of the sum insured or £250,000 whichever is the lesser;

Appears in 2 contracts

Sources: Property Owners Insurance Policy, Property Owners Insurance Policy

Supply utilities. a) We will indemnify you for loss of rent receivable in consequence of: i) damage by an insured peril to property at any: I) generating station or sub-station of the electricity supply undertakingsupplyundertaking; II) land-based premises of the gas supply undertaking or of o f any natural gas g as producer linked directly therewithdirectlytherewith; III) water works or pumping station of the water supply undertakingsupplyundertaking; or IV) land-based premises of the telecommunications undertaking; from f rom which you obtain electricity, gas, water or telecommunication services. ii) accidental failure accidentalf ailure at the premises of: I) the terminal ends of the electricity supply utility service feeders; II) the supply of gas at the supply utility metersutilitymeters; III) the supply of water at the supply utility main stopcock; or IV) the supply of telecommunication services at the incoming line terminal or receivers. For the avoidance of doubt, damage to any satellite or interruption in the supply of any telecommunication following damage to any satellite is excluded from f rom and not insured by this policy; b) The maximum amount payable in respect of any one (1) occurrence under und er this clause will not exceed 15% of the sum insured or £250,000 whichever is the lesser;

Appears in 1 contract

Sources: Property Owners Insurance Policy