Common use of Pair or Set Clause in Contracts

Pair or Set. In the case of loss of or damage to any article(s) which are a part of a set, whether scheduled or unscheduled, the measure of loss of or damage to such article or articles shall be a reasonable and fair proportion of the total value of the set, giving consideration to the importance of said article, but in no event shall such loss or damage be construed to mean loss of the set.

Appears in 2 contracts

Sources: Motor Truck Cargo Insurance Policy, Motor Truck Cargo Insurance Policy