Additional Coverages definition

Additional Coverages. We will also provide these additional coverages up to the amounts stated below. These additional coverages do not increase the amount of insurance. BURGLARY: 100% of the amount of insurance coverage for loss by burglary or holdup. The term Burglary shall mean the act of stealing property by forcible entry into the storage space described in the Rental Agreement; however, this coverage only applies when such storage space is securely locked at the time of the forcible entry. The mere absence of a lock will not constitute forcible entry. DEBRIS REMOVAL: 20% of the amount of your insurance under the Master Policy to cover the necessary expense incurred in the removal of debris from the property insured following an insured loss. TRANSIT: 100% of the amount of your insurance under the Master Policy for loss by fire or by the collision or overturn of a motor vehicle or trailer upon which covered property is being transported while such property is in transit to or from the storage space, provided the property is within 100 miles of the described storage facility. EXTRA RENTAL SPACE: 20% of the amount of your insurance under the Master Policy to cover the extra expense necessarily incurred by you for the rental of substitute storage when occupancy of the described storage space is prevented as a result of loss or damage to storage facility building by a peril insured against in this policy.
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Additional Coverages has the meaning ascribed thereto in Section 13.2(l).
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Additional Coverages has the meaning ascribed thereto in Section 13.2(1). “Adjusted for Inflation” means adjusted by the percentage increase, if any, or
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Examples of Additional Coverages in a sentence

  • Damage To Property Of Others under Section II – Additional Coverages.

  • The Limits of Liability applicable to Section II., Additional Coverages, are in addition to, and not part of, the Limits of Liability applicable to Section I., Insuring Agreements.

  • Damage To Property Of Others un- der Section II – Additional Coverages.

  • This exclusion does not apply to coverage provided under SECTION II - COVERAGES, Additional Coverages, 1.

  • Additional Coverages These Additional Coverages do not increase the coverage limit shown on your Declarations.

  • We do not cover property damage to non- owned property occupied by, used by, or in the care of any insured or any other resident of any insured's household, except as provided in Additional Coverages, item 2.

  • The limits applicable to the Coverage Extensions and the Fire Department Service Charge and Pollutant Clean Up and Removal Additional Coverages are in addition to the Limits of Insurance.

  • The following exclusions apply to the Additional Coverages of this endorsement.

  • Be able to identify the coverage available for debris removal and property removal under the HO Property Coverages - Additional Coverages.

  • Additional CoveragesThese Additional Coverages do not increase the coverage limit shown on your Declarations.


More Definitions of Additional Coverages

Additional Coverages. In addition to the basic coverage afforded under the contract, additional coverages are provided, the most important ones being: - Excess employers liability - Loss prevention expenses - Dismantling and assembly expenses - Products recall costs - Loss of use - Testing and sorting costs incurred in relation to product recall claims - Excess automobile liability - Legal protection in criminal proceedings (insured claims only) - Employee benefits liability - Personal and advertising injury liability
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Additional Coverages has the meaning ascribed thereto in Section 13.2(l). “Additional Lands” means any lands required for a Modification.
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Additional Coverages. The builder's risk policy shall insure (i) the cost of preventive measures to reduce or prevent a loss (sue & xabor) in an amount not less than $25,000,000, (ii) inland transit with sub-limits sufficient to insure the largest single shipment to or from the Land from anywhere within the United States or Canada, (iii) attorney's fees, engineering and other consulting costs, and permit fees directly incurred in order to repair or replace damaged insured property in a minimum amount of $25,000,000, (iv) expediting expenses in an amount not less than $25,000,000, (v) off-site storage with sub-limits sufficient to insure the full replacement value of any property or equipment not stored on the Land and (vi) the removal of debris with a sub-limit not less than 25 percent of the loss amount or $5,000,000, whichever is greater.
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Additional Coverages has the meaning ascribed thereto in Section 13.2(k). “Additional Development” has the meaning ascribed thereto in Section 5.4.
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Additional Coverages. We will also provide the following additional coverages up to the amounts stated below. These additional coverages do not increase the “amount of insurance”.
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Additional Coverages. The builder’s risk policy shall insure (a) off-site coverage with sub-limits sufficient to insure the full replacement value of any equipment, supplies and materials not stored on the Site, (b) the removal of debris with a sublimit of not less than the lesser of twenty-five percent of the Minimum Coverage and $15,000,000 per occurrence, (c) inland transit coverage with sublimits to insure the largest single shipment to or from the Site from designated storage facilities, (d) project management costs including architects’ fees, engineering costs, permit application fees, and other necessary fees or costs directly incurred in order to replace damage to insured property and (e) pollution cleanup and removal with a sublimit not less than $1,500,000 per occurrence.
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Related to Additional Coverages

  • Additional Covenant means any covenant in respect of the financial condition or financial position of the Company, including, but not limited to, covenants that specify or require the maintenance of certain financial ratios applicable to the Company, and the default provision related thereto (regardless of whether such provision is labeled or otherwise characterized as a covenant or a default).

  • Minimum Essential Coverage has the meaning given in the Affordable Care Act, 26 U.S.C. §5000A(f).

  • Additional Cost has the meaning assigned to such term in Section 3.01.

  • Environmental covenant means a servitude arising under an environmental response project that imposes activity and use limitations.

  • Replacement Costs means the expenditures for obtaining and installing equipment, accessories or appurtenances which are necessary during the useful life of the treatment works to maintain the capacity and performance for which such works were designed and constructed.

  • Additional Cost Rate has the meaning given to it in Schedule 4 (Mandatory Cost formulae).

  • Additional Conditions means the terms and conditions set out in the Offer Document.

  • Additional Term Loan has the meaning specified in Section 2.01(c).

  • Basic hospital cover means a hospital policy that includes the clinical categories that must be covered by a basic hospital product.

  • Additional Term Loans means any term loan added pursuant to Section 2.22, 2.23 or 9.02(c)(i).

  • Period of Insurance means the period commencing from the retroactive date and terminating on the expiry date as shown in the Policy Schedule.

  • Casualty Retainage means an amount equal to ten percent (10%) of the costs actually incurred for work in place as part of the Restoration, as certified by the Casualty Consultant, until the Restoration has been completed. The Casualty Retainage shall in no event, and notwithstanding anything to the contrary set forth above in this Section 6.4(b), be less than the amount actually held back by Borrower from contractors, subcontractors and materialmen engaged in the Restoration. The Casualty Retainage shall not be released until the Casualty Consultant certifies to Lender that the Restoration has been completed in accordance with the provisions of this Section 6.4(b) and that all approvals necessary for the re-occupancy and use of the Property have been obtained from all appropriate governmental and quasi-governmental authorities, and Lender receives evidence satisfactory to Lender that the costs of the Restoration have been paid in full or will be paid in full out of the Casualty Retainage; provided, however, that Lender will release the portion of the Casualty Retainage being held with respect to any contractor, subcontractor or materialman engaged in the Restoration as of the date upon which the Casualty Consultant certifies to Lender that the contractor, subcontractor or materialman has satisfactorily completed all work and has supplied all materials in accordance with the provisions of the contractor’s, subcontractor’s or materialman’s contract, the contractor, subcontractor or materialman delivers the lien waivers and evidence of payment in full of all sums due to the contractor, subcontractor or materialman as may be reasonably requested by Lender or by the title company issuing the Title Insurance Policy, and Lender receives an endorsement to the Title Insurance Policy insuring the continued priority of the lien of the Mortgage and evidence of payment of any premium payable for such endorsement. If required by Lender, the release of any such portion of the Casualty Retainage shall be approved by the surety company, if any, which has issued a payment or performance bond with respect to the contractor, subcontractor or materialman.

  • Additional Costs has the meaning given that term in Section 4.1.

  • Insurance Schedule means Schedule 3 attached hereto.

  • Optional Extended Local Calling Scope Arrangement Traffic is traffic that under an optional Extended Local Calling Scope Arrangement chosen by the Customer terminates outside of the Customer’s basic exchange serving area.

  • Coverage Area means the area described in the Website for which Nearmap has available Products, which may cover part or all of that area and which may cover part (but not all) of the area covered by the Survey.

  • Insurance Cost Increase shall not, however, include any premium increases resulting from the nature of the occupancy of any other lessee of the Building. If the parties insert a dollar amount in Paragraph 1.9, such amount shall be considered the "BASE PREMIUM." If a dollar amount has not been inserted in Paragraph 1.9 and if the Building has been previously occupied during the twelve (12) month period immediately preceding the Commencement Date, the "Base Premium" shall be the annual premium applicable to such twelve (12) month period. If the Building was not fully occupied during such twelve (12) month period, the "Base Premium" shall be the lowest annual premium reasonably obtainable for the Required Insurance as of the Commencement Date, assuming the most nominal use possible of the Building. In no event, however, shall Lessee be responsible for any portion of the premium cost attributable to liability insurance coverage in excess of $1,000,000 procured under Paragraph 8.2(b).

  • Debt service extension base means an amount equal to that

  • Debt Service Coverage means that for every $1.00 of debt service required to be paid there must be $1.15 of Net Operating Income available. A worksheet for the calculation of Debt Service Coverage is found in the Report of Operations attached hereto as Exhibit "H" and incorporated herein by this reference.

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Increased Facility Activation Notice means a notice substantially in the form of Exhibit E.

  • Coverage means the types of persons to be eligible as the beneficiaries of the Scheme to health services provided under the Scheme, subject to the terms, conditions and limitations.

  • Insurance Coverage Contractor shall, at Contractor’s sole expense, procure, maintain and keep in force for the duration of this Contract the following insurance conforming to the minimum requirements specified below. Unless specified herein or otherwise agreed to by the City, the required insurance shall be in effect prior to the commencement of work by Contractor and shall continue in force as appropriate until the latter of:

  • Additional Compensation has the meaning given to it in Section 10.2;

  • Creditable coverage means, with respect to an individual, coverage of the individual provided under any of the following:

  • Period of Coverage means the Plan Year, with the following exceptions: (a) for Employees who first become eligible to participate, it shall mean the portion of the Plan Year following the date on which participation commences, as described in Section 3.1; and (b) for Employees who terminate participation, it shall mean the portion of the Plan Year prior to the date on which participation terminates, as described in Section 3.2.