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(5) our request, give us complete with other property of like kind and n in ventories of the damaged and quality, subject to Paragraph d.(1)(d) undamaged property. Include below, quantities, costs, values and amount of b. We will give notice of our intentions within loss claimed. 30 days after we receive the sworn proof (6) As often as may be reasonably of loss. required, permit us to inspect the c. We will not pay you more than your property proving the loss or damage financial interest in the Covered Property. and examine your books and records. d. We will determine the value of Covered Also permit us to take samples of Property as follows: damaged and undamaged property for (1) At replacement cost without deduction inspection, testing and analysis, and for depreciation except as provided in permit us to make copies from your (2) through (16) below. books and records. () Send loss (a) You may make a claim for loss or us a signed, sworn proof of damage covered by this insurance containing the information we request on an actual cash value basis to investigate the claim. You must do instead of a replacement cost basis. this within 60 days after our request. In the event you elect to have loss We will supply you with the necessary or damage settled on an actual forms. cash value basis, you may .still (8) Cooperate with us in the investigation make a claim on a replacement or settlement of the claim. cost basis If you notify us of your (9) Resume all or part of your "operations" Intent to do so within 180 days after as quickly as possible. the loss or damage. b. We may examine any insured under oath, (b) We will not pay on a replacement while not in the presence of any other cost basis for any loss or damage: insured and at such times as may be (i) Until the loss or damaged reasonably required, about any matter property is actually repaired or relating to this insurance or the claim, replaced; including an insured's books and records. (ii) Unless the repairs or In the event of an examination, an replacement are made as soon insured's answers must be si signed. g as reasonably possible after the 4. Legal Action Against Us loss or damage; and No one may bring a legal action against us (fit) Unless the repairs or under this insurance unless: replacement are completed a. There has been full compliance with all of within: the terms of this insurance; and (1) 24 months (for personal b. The action is brought within 2 years after property), the date on which the direct physical loss (2) 24 months (for buildings and or damage occurred. The 2 year other real property), limitation also applies to indirect or after the loss or damage, unless consequential loss covered under this extended in writing by us. policy. 5. Loss Payment However, if the cost to repair or replace the damaged building In the event of loss or damage covered by property is $2,500 or less, we will this policy: settle the loss according to the a. At our option, we will either: provisions of Paragraphs d.(1)(a) and (1) Pay the value of lost or damaged d.0)(b) above whether or not the property; actual repair or replacement is complete. (2) Pay the cost of repairing or replacing (c) will not pay more for loss or the lost or damaged property; damage damage on a replacement cost (3) Take all or any part of the property at, basis than the least of: an agreed or appraised value; or (i) The cost to replace, on the same (4) Repair, rebuild or replace the property premises, the lost or damaged 391 - 1003 06 09 Includes copyrighted material of Insurance Services Page 38 of 66 17,982 Office, Inc. with its permission