Specified Machinery definition

Specified Machinery means machinery shown in the Schedule as Specified Machinery.
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Specified Machinery means any machinery, equipment or plant specified by the Minister by order under section 57B of the Act;'.
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Examples of Specified Machinery in a sentence

  • Every Specified Machinery item is separately subject to this clause.

  • Blanket Machinery means all machinery at the Situation other than Specified Machinery and Excluded Machinery up to the amount stated as the Sum Insured Limit any one Breakdown in the Schedule.

  • Specified Machinery means Machinery shown in the Schedule as Specified Machinery up to the amount stated as the Sum Insured any one Breakdown in the Schedule.

  • Under-insurance If the Sum Insured for a Specified Machinery item is less than 80% of the value of the specified Machinery item at the Situation at the time of commencement of the Period of Insurance and there is a claim for Breakdown to Specified Machinery We will pay for no greater proportion of the claim that the Sum Insured bears to 80% of the reinstatement or replacement cost of the Specified Machinery on the day of commencement of the Period of Insurance.

  • Machinery means Blanket Machinery and/or Specified Machinery of the following defined types of machinery: 1.

  • Specified Machinery means Machinery shown in the Schedule as Specified Machinery up to the amount stated as the Sum Insured any one Breakdown in the Schedule.

  • Breakdown of an item or any part of an item of Machinery or Specified Machinery; and2.

  • Unsafe operation Cover will cease for any Specified Machinery, Unspecified Machinery or Additional Machinery which is Damaged and is operated without being repaired properly.

  • The incentive was availed of by PGI since January 1, 2014 for a period of five (5) years.On February 5, 2015, the Board of Directors (BOD) approved the increase in the authorized capital stock (ACS) of PGI from ₱2.5 billion to ₱3.7 billion at ₱1 par value per share.

  • Specified Machinery means Machinery shown in the Schedule as Specified Machinery.

Related to Specified Machinery

  • Qualified machinery and equipment means all new industrial

  • Farm machinery means all machines and tools that are used in the production, harvesting, and care of farm products, and includes trailers that are used to transport agricultural produce or agricultural production materials between a local place of storage or supply and the farm, agricultural tractors, threshing machinery, hay-baling machinery, corn shellers, hammermills, and machinery used in the production of horticultural, agricultural, and vegetable products.

  • Machinery and equipment shall have the meaning specified in Section 1.1(c).

  • Customer Equipment means hardware, software, systems, cabling and facilities provided by you and used in conjunction with the Equipment that we supply to you in order to receive the Services;