TEMPORARY REMOVAL. The Property Insured under this Section, other than Stock, is covered whilst temporarily removed for cleaning, renovation, repair, or other similar purposes to another part of the Premises, or to any other premises within the Geographical Limits including whilst in Transit. The amount recoverable in respect of each Item shall not exceed 10% of the relevant Limit of Indemnity after deducting the value of any Building, exclusive of fixtures and fittings, or Stock. This Extension does not apply to: (a) motor vehicles and motor chassis licensed for normal road use; (b) property held by the Insured in trust, other than Machinery/Plant.
Appears in 2 contracts
Sources: Indemnity Agreement, Indemnity Agreement