Theft of Money and Securities Sample Clauses

Theft of Money and Securities. We will pay for loss of money and securities inside a covered location or inside a bank or similar depository resulting from theft, disappearance or destruction. We will pay for loss from damage to the covered location or its exterior if you are the owner of the premises or liable for damage to it. We will pay for loss of or damage to a locked safe, vault, cash register, cash box or cash drawer located inside the covered location resulting directly from an actual or attempted theft of or unlawful entry into those containers. We will pay for loss of money and securities outside the covered location while in the care and custody of an employee, messenger, or delivery service. Any amount we pay is limited to that portion of loss exceeding the deductible shown in the Information Pages. We will then pay in excess of the deductible up to the limit shown for this coverage in the Information Pages.
AutoNDA by SimpleDocs

Related to Theft of Money and Securities

  • Collection of Money Except as otherwise expressly provided herein, the Indenture Trustee may demand payment or delivery of, and shall receive and collect, directly and without intervention or assistance of any fiscal agent or other intermediary, all money and other property payable to or receivable by the Indenture Trustee pursuant to this Indenture. The Indenture Trustee shall apply all such money received by it as provided in this Indenture. Except as otherwise expressly provided in this Indenture, if any default occurs in the making of any payment or performance under any agreement or instrument that is part of the Trust Estate, the Indenture Trustee may take such action as may be appropriate to enforce such payment or performance, including the institution and prosecution of appropriate Proceedings. Any such action shall be without prejudice to any right to claim a Default or Event of Default under this Indenture and any right to proceed thereafter as provided in Article V.

Time is Money Join Law Insider Premium to draft better contracts faster.