LAPTOPSANYTIME (JAVA CONNECTIONS, LLC)

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(ii) The amount of the accounts that you are able to re-establish or collect; (iii) An amount to allow for probable bad debts that you are normally unable to collect; and (iv) All unearned interest and service charges. (10)"Stock" you have sold but not delivered at the selling price less discounts and expenses you otherwise would have had. (11)"Finished stock" you manufactured at selling price less discounts and expenses you otherwise would have had. (12)Personal Property in Transit (other than "stock" you have sold) at the amount of invoice, including your prepaid or advanced freight charges and other charges which may have accrued or become legally due since the shipment. If you have no invoice, actual cash value will apply. (13)Precious metals, such as gold, silver and platinum, at the average market cost of replacements on the date of loss, or the actual cost of the replacement, if less. (14)"Fine Arts" We will pay the lesser of: (a) The market value at the time of loss or damage; (b) The reasonable cost of repair or restoration to the condition immediately before the covered loss or damage; or (c) The cost of replacement with substantially identical property. e. Our payment for loss of or damage to personal property of others will only be for the account of the owners of the property. We may adjust losses with the owners of lost or damaged property if other than you. If we pay the owners, such payments will satisfy your claims against us for the owners' property. We will not pay the owners more than their financial interest in the Covered Property. f. We may elect to defend you against suits arising from claims of owners of property. We will do this at our expense. g. We will pay for covered loss or damage within 30 days after we receive a properly completed sworn proof of loss, provided you have complied with all of the terms of this Coverage Form, and (1) We have reached agreement with you on the amount of loss; or (2) An appraisal award has been made h. In settling covered losses involving a party wall, we will pay a proportion of the loss, to the party wall based on your interest in the wall in proportion to the interest of the owner of the adjoining building. A party wall is a wall that separates and is common to adjoining buildings that are owned by different parties. However, if you elect to repair or replace your building and the owner of the adjoining building elects not to repair or replace that building, we will pay you the full value of the loss to the party wall, subject to all applicable policy provisions including Limits of Insurance, the Valuation and all other provisions of this Loss Payment Condition. Our payment under the provisions of this paragraph does not alter any right of subrogation we may have against any entity, Including the owner or Insurer of the adjoining building, and does not alter the terms of SECTION III - COMMON POLICY CONDITIONS, K. Transfer of Rights of Recovery Against Others to Us in this policy. 6. Recovered Property If either you or we recover any property after loss settlement, that party must give the other prompt notice. At your option, you may retain the property. But then you must return to us the amount we paid to you for the property. We will pay recovery expenses and the expenses to repair the recovered property, subject to SECTION I - PROPERTY, C the Limits of Insurance. 7. Vacancy a. Description of Terms (1) As used in this Vacancy Condition, the term building and the term vacant have the meanings set forth in paragraphs (a) and (b) below: (a) When this policy is issued to a tenant, and with respect to that tenant's interest in Covered Property, building means the unit or suite rented or leased to the tenant. Such leased space is vacant when it does not contain 391-1003 08 16 Includes copyrighted material of Insurance services Office, Inc., with its permis� .e..� lilekMRregarattt)Ivleton REMEWM & APPROVE) BY: `®' Risk Management Spetlalist 01