Replacement cost value definition

Replacement cost value means the estimated cost to
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Replacement cost value means the cost at the time of loss of a new item identical to the one damaged, destroyed or stolen. If an identical item is no longer manufactured or cannot be obtained, replacement cost value will be the cost of a new item that is:
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Replacement cost value means: the repair or replacement will be made with materials or property of like kind, quality or function. It shall also include replacement new of unlike kind, quality or function when replacement of like kind, quality or function cannot be accomplished to restore the appearance and function that existed prior to the loss.
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Examples of Replacement cost value in a sentence

  • Values: l00% Replacement cost value of property/Limit of $5,000 deductible Endorsements Required: o Inflation Guard, and Agreed Amount and Replacement Cost endorsements o List of Locations and Schedule of Values, if Blanket Policy o 438BFU (Loss Payee Endorsement - see copy attached, with enlargement of same for easier reading), in favor of General Electric Capital Business Asset Funding Corporation amended to 30 days notice of change, cancellation or non-renewal.

  • Values: l00% Replacement cost value of property/Limit of $5,000 deductible ------ Endorsements Required: o Inflation Guard, and Agreed Amount and Replacement Cost endorsements o List of Locations and Schedule of Values, if Blanket Policy o 438BFU (Loss Payee Endorsement - see copy attached, with enlargement of same for easier reading), in favor of General Electric Capital Business Asset Funding Corporation amended to 30 days notice of change, cancellation or non-renewal.

  • Values: 100% Replacement cost value of property/Limit of $5,000 deductible Endorsements Required: • Inflation Guard, and Agreed Amount and Replacement Cost endorsements • List of Locations and Schedule of Values, if Blanket Policy • 438BFU (Loss Payee Endorsement - see copy attached, with enlargement of same for easier reading), in favor of Lender amended to 30 days notice of change, cancellation or non-renewal.

Related to Replacement cost value

  • 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.

  • Replacement Cost means the cost to repair or rebuild the improvements owned by Lessor at the time of the occurrence to their condition existing immediately prior thereto, including demolition, debris removal and upgrading required by the operation of Applicable Requirements, and without deduction for depreciation.

  • Full Replacement Cost as used herein shall mean the actual replacement cost of the Leased Property requiring replacement from time to time including an increased cost of construction endorsement, if available, and the cost of debris removal. In the event either party believes that full replacement cost (the then-replacement cost less such exclusions) has increased or decreased at any time during the Lease Term, it shall have the right to have such full replacement cost re-determined.

  • Equipment Cost means, for each Unit, the purchase price therefor paid by the Owner Trustee to the Lessee pursuant to Section 2 of the Participation Agreement and as set forth in Schedule 1 to the Participation Agreement with respect to such Unit. Notwithstanding anything to the contrary contained in the Operative Agreements, the Equipment Cost for any Replacement Unit shall be deemed to be the Equipment Cost or deemed Equipment Cost of the Unit replaced by such Replacement Unit.

  • Worst Value means, in respect of a ST Valuation Date, the RI Value for the Reference Item(s) with the lowest or equal lowest RI Value for any Reference Item in the Basket in respect of such ST Valuation Date.