Common use of Pair or Set Clause in Contracts

Pair or Set. The value of a lost or damaged article which is part of a pair or set is based on a reasonable proportion of the value of the entire pair or set. The loss is not considered a total loss of the pair or set.

Appears in 5 contracts

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

Pair or Set. The value of a lost or damaged article which that is part of a pair or set is based on a reasonable proportion of the value of the entire pair or set. The loss is not considered a total loss of the pair or set.

Appears in 1 contract

Sources: Builders' Risk Coverage Agreement