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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Sources: Equipment Breakdown Insurance, Equipment Breakdown Insurance