Insured Values definition

Insured Values means the amount for which insurance cover is obtained in respect of the property, other asset or interest insured, and the basis on which insurance premium is computed.
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Insured Values means the amount for which insurance cover is obtained in respect of the property, other asset or interest insured, and the basis on which insurance premium is computed. According to the coinsurance clause, it must not be lower than a certain percentage of the insurable value of the property, other asset or interest insured to be able to claim a partial loss in full.
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Examples of Insured Values in a sentence

  • PROPERTY INSURANCE (All Risks Coverage including Earthquake and Flood)INSURER Insured Values (Replacement Cost) -TYPE OF COVERAGE Building and Tenants’ Improvements $ POLICY NUMBER Contents and Equipment $ POLICY PERIOD From to Deductible Per Loss $ 4.

  • PROPERTY INSURANCE (All Risks Coverage including Earthquake and Flood)INSURER Insured Values (Replacement Cost) -TYPE OF COVERAGE Building and Tenants Improvement $ POLICY NUMBER Contents and Equipment $ POLICY PERIOD From to Deductible Per Loss $ 4.

  • PROPERTY INSURANCE (All Risks Coverage including Earthquake and Flood) INSURER Insured Values (Replacement Cost) -TYPE OF COVERAGE Building and Tenants Improvement $ POLICY NUMBER Contents and Equipment $ POLICY PERIOD From to Deductible Per Loss $ 4.

  • There are three types of Insured Values for Vehicles falling into categories A, B, and C (see the table under the ‘Types of vehicles we insure’ section).

  • If it shall appear to the Secretary of State that a substantial increase of Queen’s Enemy Risks has occurred or is likely to occur, he may determine that the Insured Values of all ships which are entered in the Association for insurance against the Queen’s Enemy Risks shall not be further changed without his consent.

  • If Insured Values / Sums Insured are too low and the Client is therefore under-insured, then average will apply.

  • If Insured Values / Sums Insured are too low and you are therefore under-insured, then the condition of an average will apply, which stipulates that if the value of the property is greater than the sum insured, then you shall bear the risk of the difference in value.

  • All Insured Values / Sums Insured provided by you are deemed by us to be adequate for your purposes and to include VAT at the prevailing rate (unless otherwise stated).

  • If the Secretary of State shall serve a General Premium Notice upon the Association, the Insured Values of all Entered Ships, which are insured by the Association in currencies other than Sterling, shall, for the purpose of insurance against the Queen’s Enemy Risks, be converted into Sterling and such Entered Ships shall thereafter be insured by the Association in that currency.

  • The Contractor shall use this report to determine if any policy limits need to be increased as a result of quarterly reported Total Insured Values.

Related to Insured Values

  • Insured Amount As defined in the Policy.

  • Stored value means monetary value that is evidenced by an electronic record.

  • Casualty Value means the market value of the Equipment at the end of the Term or when in relation to a Total Loss, the market value the Equipment would have had at the end of the Term but for the Total Loss. The Casualty Value may be less than but will not be more than the original purchase price of the Equipment.

  • Appraised Value The value set forth in an appraisal made in connection with the origination of the related Mortgage Loan as the value of the Mortgaged Property.

  • Good Value means that the Benchmarked Rates are within the Upper Quartile;

  • full insurable value means one hundred percent (100%) of the actual replacement cost of the Property (excluding foundation and excavation costs and costs of underground flues, pipes, drains and other uninsurable items).

  • Casualty Amount means five hundred thousand Dollars (USD500,000) (or the equivalent in any other currency);

  • Insured Casualty has the meaning set forth in Section 5.1(x)(iv)(B).

  • Insurance Amount has the meaning set forth in Section 6.08(c).

  • 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.

  • Excess valuation assets for a valuation period means, with

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.

  • Property Value means the aggregate fair value of the properties (land and buildings) held by the Group according to the latest consolidated Financial Report, adjusted for any investments in and depreciations of the properties, respectively, during the period starting on the day falling immediately after the last day of the period covered by the latest consolidated Financial Report and ending on the relevant Record Date.

  • Insured Amounts means, with respect to any Distribution Date, the Deficiency Amount for such Distribution Date.

  • Salvage value means the amount received for property retired, less any expenses incurred in connection with the sale or in preparing the property for sale, or, if retained, the amount at which the material recoverable is chargeable to materials and supplies, or other appropriate account.

  • Restoration Cost has the meaning set forth in Section 5.06.

  • 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 building codes, ordinances or laws, and without deduction for depreciation.

  • Normal cost means the annual cost attributable, under the actuarial cost method in use, to current and future years as of a particular valuation date, excluding any payment in respect of an unfunded actuarial liability.

  • Rental Value means Business Income that consists of:

  • Equipment Cost means, for any Item of Equipment, the gross amount paid by the Company to the manufacturer thereof, including all applicable sales taxes, and delivery charges as invoiced by such manufacturer to the Company.

  • Interest Coverage Amount The amount to be paid by the Depositor to the Trustee for deposit into the Interest Coverage Account on the Closing Date pursuant to Section 4.08, which amount is $____________.

  • Fair Rental Value as used in this Lease, shall be equal to the annual rent per rentable square foot (including additional rent and considering any “base year” or “expense stop” applicable thereto), including all escalations, at which tenants (pursuant to leases consummated within the twelve (12) month period preceding the first day of the Option Term), are leasing non-sublease, non-encumbered, non-equity space which is not significantly greater or smaller in size than the subject space, with a comparable level of improvements (excluding any property that Tenant would be allowed to remove from the Premises at the termination of the Lease), for a comparable lease term, in an arm’s length transaction, which comparable space is located in the “Comparable Buildings,” as that term is defined in this Section 2.2.2, below (transactions satisfying the foregoing criteria shall be known as the “Comparable Transactions”), taking into consideration the following concessions (the “Concessions”): (a) rental abatement concessions, if any, being granted such tenants in connection with such comparable space; (b) tenant improvements or allowances provided or to be provided for such comparable space, and taking into account the value, if any, of the existing improvements in the subject space, such value to be based upon the age, condition, design, quality of finishes and layout of the improvements and the extent to which the same can be utilized by a general office/lab user other than Tenant; and (c) other reasonable monetary concessions being granted such tenants in connection with such comparable space; provided, however, that in calculating the Fair Rental Value, no consideration shall be given to the fact that Landlord is or is not required to pay a real estate brokerage commission in connection with Tenant’s exercise of its right to extend the Lease Term, or the fact that landlords are or are not paying real estate brokerage commissions in connection with such comparable space. The Concessions shall be reflected in the effective rental rate (which effective rental rate shall take into consideration the total dollar value of such Concessions as amortized on a straight-line basis over the applicable term of the Comparable Transaction (in which case such Concessions evidenced in the effective rental rate shall not be granted to Tenant)) payable by Tenant. The term “Comparable Buildings” shall mean the Building and those other life sciences buildings which are comparable to the Building in terms of age (based upon the date of completion of construction or major renovation of to the building), quality of construction, level of services and amenities, size and appearance, and are located in South San Francisco, California and the surrounding commercial area.

  • Insured Expenses Expenses covered by an Insurance Policy or any other insurance policy with respect to the Mortgage Loans.

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;

  • Added value means that the Contractor performs subcontract management functions that the Contracting Officer determines are a benefit to the Government (e.g., processing orders of parts or services, maintaining inventory, reducing delivery lead times, managing multiple sources for contract requirements, coordinating deliveries, performing quality assurance functions).