Common use of Defined Events Clause in Contracts

Defined Events. Loss of or damage to the buildings situated as stated in the statement of cover by: 1. fire, lightning, thunderbolt, subterranean fire, explosion. 2. storm, wind, water, hail or snow other than, a. that arising from its undergoing any process necessarily involving the use or application of water, b. wear and tear or gradual deterioration, c. loss or damage i. to retaining walls; other than where a certificate is issued by a professional engineer certifying construction of the retaining walls to be in accordance with building laws and regulations. ii. caused by or aggravated by A. subsidence or landslip

Appears in 2 contracts

Sources: Takaful Body Corporate Agreement, Takaful Body Corporate Agreement