<p>Notwithstanding what has been stated to the contrary under this Policy, it is hereby declared and agreed that in the event of loss or damage to merchandise (finished stock), the basis of loss settlement shall be (as stated in the policy schedule) of the said merchandise or finished stocks, at the time of the loss, provided that declaration of values shall be made on the same basis; otherwise, no payment shall be made beyond amount which would have been payable under this policy if this clause has not been incorporated therein.</p>
