NEWLY ACQUIRED LOCATION Clause Samples

NEWLY ACQUIRED LOCATION. Subject to a limit of $250,000 on buildings and $100,000 on contents, this insurance shall cover property at any newly acquired location in Canada or the continental United States of America that is owned, rented or controlled by the Insured and occupied by the Insured for the purposes stated in the Declaration Page(s). This coverage attaches at the time of the acquisition and extends for a period of 30 days, or to the date of endorsement of this Form adding such location, or until the expiry date of this policy, whichever occurs first.
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NEWLY ACQUIRED LOCATION. If there is a “breakdown” of “insured equipment” at a newly acquired location, the Insurer will pay for loss under (A) Indemnity Agreement of Section I – Insuring Agreement provided: (a) the Insured notifies the Insurer in writing within ninety (90) days after the date the location is acquired; (b) the newly acquired location is within the “coverage territory” or within any other country in which a location specified in the “Declarations Page” is located; (c) the Insured agrees to pay an additional premium for the insurance from the date the location is newly acquired in accordance with the Insurers’ Manual of Rates.
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NEWLY ACQUIRED LOCATION. If there is a “breakdown” of “insured equipment” at a newly acquired location, the Insurer will pay for loss under (A) Indemnity Agreement of Section I – Insuring Agreement provided: (a) the Insured notifies the Insurer in writing within ninety (90) days after the date the location is acquired; (b) the newly acquired location is within the “coverage territory” or within any other country in which a location specified in the “Declarations Page” is located; (c) the Insured agrees to pay an additional premium for the insurance from the date the location is newly acquired in accordance with the Insurers’ Manual of Rates. The most the Insurer will pay under this extension in any “one breakdown” is the amount of insurance specified on the “Declarations Page” for Newly Acquired Location.
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NEWLY ACQUIRED LOCATION. This Form is extended to cover buildings and contents at any newly acquired location, other than any location(s) already described on the Declaration Page(s), that is owned, rented or controlled by the Insured for the purposes stated on the Declaration Page(s). This coverage attaches at the time of the acquisition and extends: 49.1. for the number of days shown in the Summary of Coverages for this Extension under Section 3.; or 49.2. to the date of endorsement of this form adding such location; or 49.3. until the expiry date of this policy; whichever occurs first.
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NEWLY ACQUIRED LOCATION. BUILDING - 30 DAY REPORTING
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Related to NEWLY ACQUIRED LOCATION

  • Closing Location The Closing shall be held at the location designated by the Corporation or, if no such designation is made, at the office of Seller's Attorney.

  • Project Location [Insert the location of the Project, if applicable]

  • Current Locations The chief executive office of each Company is located at the address set forth in Schedule 2 hereto.

  • Data Location 1.1. The CONTRACTOR shall not store or transfer non-public COUNTY data outside of the United States. This includes backup data and Disaster Recovery locations. The CONTRACTOR will permit its personnel and contractors to access COUNTY data remotely only as required to provide technical support. (Remote access to data from outside the continental United States is prohibited unless approved in advance and in writing by the County.) 1.2. The CONTRACTOR must notify the COUNTY in advance and in writing of any location changes to CONTRACTOR’s data center(s) that will process or store County data.

  • After Acquired Real Property Upon the acquisition by it or any of its Subsidiaries after the date hereof of any interest (whether fee or leasehold) in any real property (wherever located) (each such interest being a “New Facility”) with a Current Value (as defined below) in excess of $500,000 in the case of a fee interest immediately so notify the Collateral Agent, setting forth with specificity a description of the interest acquired, the location of the real property, any structures or improvements thereon and either an appraisal or such Loan Party’s good-faith estimate of the current value of such real property (for purposes of this Section, the “Current Value”). The Collateral Agent shall notify such Loan Party whether it intends to require a Mortgage (and any other Real Property Deliverables or landlord’s waiver (pursuant to Section 7.01(l) hereof) with respect to such New Facility. Upon receipt of such notice requesting a Mortgage (and any other Real Property Deliverables) or landlord’s waiver, the Person that has acquired such New Facility shall promptly furnish the same to the Collateral Agent. The Borrower shall pay all fees and expenses, including, without limitation, reasonable attorneys’ fees and expenses, and all title insurance charges and premiums, in connection with each Loan Party’s obligations under this Section 7.01(m).