Common use of Actual Cash Value Clause in Contracts

Actual Cash Value. The value of covered property will be based on actual cash value at the time of loss (with a deduction for depreciation).

Actual Cash Value. The value of covered property will be is based on the actual cash value at the time of loss (with a deduction for depreciation).

Actual Cash Value. The value of covered property will be based on the actual cash value at the time of loss (with a deduction for depreciation).

Actual Cash Value. The value of covered property will be based on the actual cash value at the time of the loss (with a deduction for depreciation).

Actual Cash Value. The value of covered property will be is based on the actual cash value at the time of loss (with a deduction for depreciation)) except as provided in paragraphs 2. and 3.