Insurance Value definition

Insurance Value has the meaning given to it in Clause 23.3 (Terms of obligatory insurances).

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Insurance Value means the value stated as such in the Hire Schedule plus GST, or if no value is stated then the replacement value of the Equipment brand new from Our supplier at the Start Date.

Insurance Value means the insurance value of products/commodities subject to this agreement in Accordance with clause 11 and set out in the relevant addendum if required. Value is not fixed hence all parties must be involved. The depositor and financier notifying the CM.

Examples of Insurance Value in a sentence

The amount of coverage shall be based on each employee's annual salary as follows: Insurance Value AD & D Up to $10,000 $25,000 $25,000 $10,001 - $15,000 $30,000 $30,000 $15,001 - $20,000 $35,000 $35,000 $20,001 or more $40,000 $40,000 B.
The Consignor and the Consignee agree that all claims, whether for full or partial damage, will be based on the Insurance Value, and that the Consignee shall be liable only up to such Insurance Value (and only to the extent of the Consignee’s insurance coverage).
If the parties agree in writing that the Work shall be insured by the Borrower, the Work shall be insured by the Borrower at the Insurance Value with a fine art insurer to be approved in advance by the Lender.
The proceeds of such insurances in respect of an Event of Loss shall be paid to Lessor (or as directed by ▇▇▇▇▇▇) and shall be applied towards the Agreed Insurance Value.
In many market environments, we believe such a focus offers an opportunity for superior risk-adjusted returns; • maintaining rigorous portfolio monitoring in an attempt to anticipate and pre-empt negative credit events within our portfolio; and • utilizing the power and scale of Blackstone and the Blackstone Credit & Insurance platform to offer operational expertise to portfolio companies through the Blackstone Credit & Insurance Value Creation Program.
Insurance Value 00.1,000,000 Number of Warrants 123456 DTC 12345678901234512345678 ▇▇ ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ Certificate Numbers Num/No Denom.
As used herein the term "Insurance Value" shall mean full "replacement value".
Insurance Value of the Work (U.S. Dollars): $ The Lender agrees that in the event that the Work is lost or damaged, recovery, if any, will be limited to an amount as may be paid by the insurer plus any deductible, hereby releasing CAA from any further liability for claims arising out of any loss or damage.
The Agreed Insurance Value is US$[_________].] [if applicable] [6].
At its own cost, Associate shall procure and maintain insurance in an amount not less than the Minimum Insurance Value provided in Schedule A, insuring the Equipment and Software against all risk of loss, or damage including, without limitation, the risks of fire, theft and other such risks as are customarily insured in a standard all risk policy.

More Definitions of Insurance Value

Insurance Value means a value of a parcel of Real Property as reasonably established by Buyer for purposes of title insurance.

Insurance Value is the current commercial value of the insured vehicle, calculated on the basis of its type and age.

Insurance Value of a Drillship means at all times:

Insurance Value means full "replacement value".

Insurance Value means the value of the weight of gold as at despatch.

Insurance Value of the Drillship means at all times an amount which equal to or higher than the greater of: