Common use of Abandonment of Property Clause in Contracts

Abandonment of Property. We may take the property or any part of it at the agreed or appraised value, but an insured may not abandon the covered property to us unless we specifically agree.

Appears in 20 contracts

Sources: Insurance Policy, Commercial Property Coverage Agreement, Commercial Property Agreement

Abandonment of Property. We may take the property property, or any part of it it, at the agreed or appraised value, but an insured may not abandon the covered property to us unless we specifically agree.

Appears in 1 contract

Sources: Insurance Agreement