Loss of Property definition

Loss of Property means the greatest of the following:
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Loss of Property includes damage to property, loss of profits and loss of use;
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Loss of Property. ' shall mean the physical loss, damage or destruction of Property anywhere by any means by the Insured and which does not fall within the definition of Dishonest Act.
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Examples of Loss of Property in a sentence

  • Loss of Property and Theft The Victoria Edelweiss Club will not be responsible for damages or loss of any personal property and equipment left unattended prior to, during or following any function.

  • Damage to Property or Loss of Property: AC4 Fitness will not be responsible for the loss, theft, disappearance, or damage to any personal property, including money, negotiable securities or jewelry belonging to Member.

  • This Condition applies to Personal Injury, or Loss of Property, which arises as a result of the Contractor’s negligence or default or that of its employees (acting in the course of their employment), agents or sub-contractors in connection with the performance or purported performance of this Service Contract, by the Contractor.

  • Loss of Property – the Centre does not accept responsibility or liability for any damage or loss of property of things that are placed and left upon the premises whilst the Centre is being hired.

  • Loss of Property Wolverton & Greenleys Town Council cannot accept responsibility for damage to or loss or theft of Town Hall users property and effects.

  • As primary POC, SRNS SS&ES shall ensure timely and effective communication occurs related to DOE surveys/audits potentially including aspects of SRR operations • Provide routine Information Security reviews of SRR Electronic Shipping Orders, Excess, Loss of Property, and Release of Information Requests including Freedom of Information Act (FOIA) reviews.

  • Loss of Property The Governing Body and the Chiltern Hills Academy cannot accept responsibility for damage to, or the loss or theft of, hirer’s property and effects.

  • Indemnities Performance/Non-performance of Obligations The Supplier shall indemnify the Authority against all claims, proceedings, actions, damages, costs, expenses and other liabilities which may arise out of, or in consequence of, the supply of the Deliverables or the performance or non-performance by the Supplier of its obligations under the Contract, including in respect of any death or Personal Injury and Loss of Property (including GFA).

  • Medical Emergencies – Internal 2222 or External 999 Loss of Property South Devon Healthcare Trust accepts no responsibility for damage to or loss of or theft of personal property, (including motor vehicles on its premises), with the exception of small valuables handed to their officials for safe custody.


More Definitions of Loss of Property

Loss of Property. Event of Default to only apply to Obligors and Material Subsidiaries.
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Loss of Property includes damage to property, caused by the Supplier as a result of its negligence or misconduct, and, subject to any express statement to the contrary, applies to property belonging to the Authority or any other person;
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Loss of Property includes damage to property and loss of use. “Loss” includes destruction.
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Related to Loss of Property

  • Damage to Property means physical injury to or destruction of tangible property, including the loss of its use. Tangible property includes the cost of recreating or replacing stocks, bonds, deeds, mortgages, bank deposits and similar instruments, but does not include the value represented by such instruments.

  • Loss of Use means the total and irrecoverable loss of function of an arm, hand, foot, leg or thumb and index finger of the same hand provided such loss of function is continuous for 12 consecutive months and such loss of function is thereafter determined on evidence satisfactory to Chubb Life to be permanent.

  • Consequential Loss means loss of profits, anticipated loss of profit or revenue, loss of production, loss of business opportunity, loss of or damage to goodwill or reputation, loss of use or any other similar loss, but excludes:

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Other Properties shall have the meaning set forth in Section 9.1.

  • Property means any interest in any kind of property or asset, whether real, personal or mixed, or tangible or intangible.

  • Physical Property has the meaning assigned to such term in the definition of “Delivery” above.

  • hazardous properties means radioactive, toxic or explosive properties.

  • Material Damage and “Materially damaged” means damage (w) resulting in the Property not complying with all legal requirements applicable to the Property, (x) reasonably exceeding $300,000 or (y) that entitles any tenant of the Property to terminate its Lease, or (z) which, in Buyer’s or Seller’s reasonable estimation, will take longer than 120 days to repair.

  • Environmental Damage means any injury or damage to persons, living organisms or property (including offence to man’s senses) or any pollution or impairment of the environment resulting from the discharge, emission, escape or migration of any substance, energy, noise or vibration;

  • Improved Property means any property upon which there is erected a structure intended for continuous or periodic habitation, occupancy or use by human beings or animals and from which structure Sanitary Sewage and/or Industrial Wastes shall be or may be discharged.

  • Personal Property shall have the meaning set forth in the granting clause of the Mortgage.

  • Real Property Assets means, as of any time, the real property assets (including interests in participating mortgages in which the Borrower’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by the Borrower, EQR and the Consolidated Subsidiaries of either or both at such time.

  • Casualty shall have the meaning set forth in Section 6.2 hereof.

  • Residential property means improved property that:-

  • Severe property damage means substantial physical damage to property, damage to the treatment facilities which would cause them to become inoperable, or substantial and permanent loss of natural resources which can reasonably be expected to occur in the absence of a bypass. Severe property damage does not mean economic loss caused by delays in production.

  • Damage means actual and/or physical damage to tangible property;

  • Developed Property means all Assessor’s Parcels of Taxable Property for which Building Permits were issued on or before May 1 of the prior Fiscal Year, provided that such Assessor's Parcels were created on or before January 1 of the prior Fiscal Year and that each such Assessor's Parcel is associated with a Lot, as determined reasonably by the Board.

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • Loss or Damage means any loss or damage to the Vehicle, including that caused by theft of the Vehicle or by adverse weather events, that requires repair or replacement including the loss of use of the Vehicle (demurrage), legal expenses, assessment fees, towing and recovery costs, storage, service charges and any appraisal fees of the Vehicle;

  • Income Property means, in respect of each Sub-Fund, (a) all interest, dividends and other sums deemed by the Trustee, (after consulting the auditors either on a general or case by case basis), to be in the nature of income (including taxation repayments, if any) received or receivable by the Trustee in respect of the Deposited Property of the relevant Sub-Fund (whether in cash or, without limitation, by warrant, cheque, money, credit or otherwise or the proceeds of sale or transfer of any Income Property received in a form other than cash); (b) all interest and other sums received or receivable by the Trustee in respect of (a), (c) or (d) of this definition; (c) all cash payments received or receivable by the Trustee for the account of the relevant Sub-Fund in respect of an Application; and (d) all Cancellation Compensation received by the Trustee for the account of the relevant Sub-Fund; (e) any payments to be received or are receivable by the Trustee under any contractual agreements in the nature of investments for the benefit of the relevant Sub-Fund but excluding (i) the Deposited Property; (ii) any amount for the time being standing to the credit of the distribution account for the account of the relevant Sub-Fund or previously distributed to Unitholders; (iii) gains for the account of the relevant Sub-Fund arising from the realisation of Securities; and (iv) any sums applied towards payment of the fees, costs and expenses payable by the Trust from the Income Property of the relevant Sub-Fund;

  • Leased Personal Property shall have the meaning given such term in Section 2.1(e).

  • Covered Property is the address stated on your Agreement Coverage Summary Page. • “Domestic-grade” Items are those that were designated by the manufacturer, manufactured and marketed solely for installation and use in a residential single family dwelling.

  • Properties as defined in Section 4.17(a).

  • Rental Property means a hotel room, vacation home, or other rental property You booked for Your stay during Your Trip.