Property damage limit definition

Property damage limit means the limit on the amount of a judgment for property damage, as provided in Subsection 63G-7-604(1)(c).
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Examples of Property damage limit in a sentence

  • However, if electrical covered equipment requires drying out because of the above, WSRMP will pay for the amount the District actually expends to dry out such equipment, subject to the applicable Property damage limit and per occurrence deductible.

  • General Liability Insurance Bodily injury limit of not less than Amount (Paragraph 12) $1,000,600 per occurrence; Property damage limit of not less than $1,000,000 per occurrence; Combined single limit of not less than $2,000,000.

  • Property damage limit of not less than $3,000,000 per occurrence.

  • The liability limits shall not be less than: Bodily injury and $1,000,000 combined single Property damage: limit each occurrence The City will be deemed to have accepted the Work after the City’s Chief Procurement Officer is notified by the using City department of its satisfaction that the work for their respective department is completed.

  • Property damage limit of not less than $1 million per occurrence.