Examples of Specified Property in a sentence
We may take any action that We consider necessary to reduce or avert such loss or damage, in whole or in part, including without limitation the disposition of the Specified Property that is salvageable.
Actual cash value means the cost of replacing the damaged Specified Property with property of similar kind and quality, less allowance for age, condition and normal life expectancy, if applicable, of the Specified Property.
Specified property Specified Property means that Insured Property, as described in the Schedule under Coverage B1 (Deterioration of specified property), including its packaging, while at a Situation specified in the Schedule.
In the case of internal AQs, all SUs are required to clear their internal AQs before the final audit.
The most we will pay for this Optional Coverage is the Limit of Insurance shown in the Declarations for Specified Property.