Valuable Papers and Records Clause Samples
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Valuable Papers and Records. It is hereby noted and agreed that the property insured under this Policy is extended to include any valuable papers and records and in case of loss of or damage to the property insured, the basis of valuation and settlement of any claim shall be valued at the cost to Annexure A – Add on covers under Fire Policy reproduce the property as of the date of reproduction including the cost of gathering and/or assembling information; “Valuable papers and records” are defined as written, printed, or otherwise inscribed documents and records, including but not limited to books, maps, films, drawings, abstracts, deeds, mortgages, micro-inscribed documents, manuscripts, and media and the data recorded thereon, but not including money and/or securities.
Valuable Papers and Records. Property insurance covering valuable papers that will insure all documentation produced or used in connection with the Project in an amount of One Million Dollars ($1,000,000), with coverage provided against "Special Form" perils.
Valuable Papers and Records. Coverage is provided for the extra expense necessarily incurred in the cost of compiling books of account, drawings, card index systems or other records including film, tape, disc, drum, cell or other magnetic recording or storage media for electronic data processing, all the property of the Insured, when such records are damaged by a peril insured against.
Valuable Papers and Records. The Consulting Engineer shall secure and maintain a Valuable Papers Insurance Policy at no direct cost to the Municipality, until the work has been completed and accepted by the Municipality. Said Policy will assure the Municipality that all records, papers, maps, statistics, survey notes and other data shall be reestablished, recreated, or restored if made unavailable by fire, theft, flood, or any other cause. This policy shall provide coverage in the amount of Fifty Thousand Dollars ($50,000) regardless of the physical location of the insured items.
Valuable Papers and Records. The cost to replace or restore the lost information on valuable papers and records, including those which exist as electronic data, for which duplicates do not exist. This includes the cost of blank material for reproducing the records, whether or not duplicates exist, and when there is a duplicate, for the cost of labor to transcribe or copy the records.
Valuable Papers and Records. The value of valuable papers and records, including those which exist on electronic or magnetic media (other than prepackaged software programs) is based on the cost of blank materials and the labor to transcribe or copy the records when there is a duplicate.
Valuable Papers and Records. This Additional Agreement applies only to contents pertaining to the Bed & Breakfast business. Coverage is provided for the extra expense necessarily incurred in the cost of compiling books of account, drawings, card index systems or other records including film, tape, disc, drum, cell or other magnetic recording or storage media for electronic data processing, all the property of the Insured, when such records are damaged by a peril insured against.
Valuable Papers and Records. We pay up to $1,000 for loss or damage to Valuable papers and Records on the described premises. What We Do Not Pay For:
Valuable Papers and Records. This Agreement covers physical loss or damage to Valuable Papers and Records while anywhere within this Agreement’s Territory, including while in transit.
1) This Additional Coverage excludes loss or damage to:
a. Property described below, if such property cannot be replaced with other of like kind and quality, unless specifically declared to IRMA;
b. Currency, money or securities;
c. Property held as samples or for sale or for delivery after sale, and
Valuable Papers and Records a. If lost or damaged valuable papers and records are not repaired or replaced within one (1) year of the date of loss, we will not make any payment;
b. if lost or damaged valuable papers and records are repaired or replaced, we will pay the amount actually and necessarily spent to repair or replace with identical property. Regardless of when you complete repair or replacement the amount we will pay is limited to the amount required to repair or replace within a reasonable time.