newly acquired location definition
newly acquired location means any new location acquired by the Insured in the business specified in Item 3 of the Certificate of Insurance, if notice of the new location is given to the Insurer within fourteen days following the date of acquisition.
newly acquired location. “Building”, “Equipment”, “Stock”, “Contents” and “Course of Construction” at any acquired location that is owned, rented or controlled by the Insured in whole or in part to maximum limit specified on the “Declaration Page(s)”. Coverage is automatic on condition that notification of such acquisition shall be filed with the Insurer within 30 days of such acquisition and any additional premium required by the Insurer shall be effected from the date of acquisition. This limit is in addition to the limit of insurance applicable to Buildings, Equipment, Stock, Contents and Course of Construction. This coverage is only applicable if building(s), equipment, stock, contents and/of course of construction are shown on the “Declaration Page(s)”.
newly acquired location. “Building”, “equipment” and “stock” at any newly acquired location within Canada that is owned, rented or controlled by “you” in whole or in part, in or on vehicles within 100 meters of such location. This limit of insurance attaches at the time of the acquisition and extends for a period of 30 days or to the date of endorsement of this form adding such location whichever first occurs.
More Definitions of newly acquired location
newly acquired location. “buildings” at any newly acquired location that is owned, rented or controlled by the insured in whole or in part. This limit of insurance attaches at the time of the acquisition and extends for a period of thirty (30) days or to the date of endorsement of this endorsement adding such location whichever first occurs.
newly acquired location. “Building”, “Equipment”, “Stock” and “Contents” at any acquired location that is owned, rented or controlled by the Insured in whole or in part to maximum limit specified on the “Declaration Page(s)”. Coverage is automatic on condition that notification of such acquisition shall be filed with the Insurer within 30 days of such acquisition and any additional premium required by the Insurer shall be effected from the date of acquisition.