Page 135 - Binder3

15. Wear and Tear
the cost of rectifying or making good wear and tear, scratching of painted or polished surfaces,
gradually developing defects, flaws, deformation, distortion, cracks or partial fractures, loose parts,
defective joints or seams but resulting Damage is not excluded.

Section 4 – Special Provisions

1. Obsolete or Foreign Plant
In the event of a claim in respect of Plant which is obsolete or of foreign manufacture and for which
replacement parts cannot be supplied by the makers from stock our liability will be limited to the price
of corresponding parts of current Plant of similar size and type together with the estimated cost of
installing them.

2. Subrogation Waiver
In the event of a claim we agree to waive any right, remedy or relief to which we might become
entitled by subrogation against:

a) any company standing in the relation of parent to subsidiary or subsidiary to parent to you as
defined in the Companies Act or Companies (N.I.) Order current at the time of the Damage

b) any company which is a subsidiary of a parent company of which you are yourselves a subsidiary
in each case within the meaning of the Companies Act or Companies (N.I.) Order current at the
time of the Damage.

3. Suspension of Cover
We reserve the right at any time to suspend the insurance on any Plant until our requirements for its
safe operation have been fulfilled.

Section 5 – Special Condition

1. Access
You will afford reasonable facilities for our representatives to examine any Plant.

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