 | Law reports, digests, etc - 1923 - 872 pages
...Cancelling insurance already placed." Amongst the Institute Time Clauses was the following clause 18 : " In ascertaining •whether the vessel is a constructive...the vessel or wreck shall be taken into account." Such was the head policy. The policy of reinsurance now sued on by the plaintiffs was, as I have said,... | |
 | Commercial law - 1925 - 422 pages
...be incorporated in the policy, amongst which Time Clauses is a provision or clause providing that, in ascertaining whether the vessel is a constructive...taken as the repaired value, and nothing in respect of damage or break-up value of the vessel or wreck shall be taken into account. In this case the insured... | |
 | Susan Hodges - Business & Economics - 1999 - 1013 pages
...in full, whether the Vessel be fully or partly loaded or in ballast, chartered or unchartered. 16.2 In ascertaining whether the Vessel is a constructive total loss, the insured value in the insurances on hull and machinery shall be taken as the repaired value and nothing in respect... | |
 | Baris Soyer - Business & Economics - 2001 - 497 pages
...more than the insured value at the time this insurance terminates. 17 CONSTRUCTIVE TOTAL LOSS 17.1 In ascertaining whether the Vessel is a constructive...of the Vessel or wreck shall be taken into account. 17.2 No claim for constructive total loss based upon the cost of recovery and/or repair of the Vessel... | |
 | Baris Soyer - Business & Economics - 2006 - 360 pages
...ascertaining whether the vessel is a constructive total loss, 80% of the insured value of the vessel shall be taken as the repaired value and nothing in...of the vessel or wreck shall be taken into account. 21.2 No claim for constructive total loss of the vessel based upon the cost of recovery and /or repair... | |
 | Administrative law - 1972 - 774 pages
...Policy may be added to Particular Average occurring within such period, providing It occur on the eame voyage as above defined, but only that portion of...damaged or breakup value of the Vessel or wreck shall bo taken Into account. In the event of Total or Constructive Total Loss, no claim to be made by the... | |
 | Commerce - 1970 - 900 pages
...loss sustained during the period covered by this insurance. 7. In ascertaining whether a container is a constructive total loss the insured value shall...repaired value and nothing in respect of the damaged or scrap value of the container sail be taken into account. No claim for constructive total loss based... | |
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In ascertaining whether the Vessel is a constructive total loss the insured value shall be taken as the repaired value and nothing in respect of the damaged or break-up value of the Vessel or wreck shall be taken into account. 
