<ol>
	<li style="margin-left: 0.5in;">The work of reinstatement (which may be carried out upon another site and in any manner suitable to the requirements of the Insured&nbsp; subject to the liabilities of the Company not being thereby increased) must be commenced and carried out with reasonable dispatch and in any case must be completed&nbsp; within six months after the destruction or damage or within such further time as the Company may (during the said six months) in writing allow, otherwise, no payment beyond the amount which would have been payable under the policy if this memorandum had not been incorporated therein shall be made.</li>
	<li style="margin-left: 0.5in;">When any property insured under this memorandum is damaged or destroyed in part only the liability of the Company shall not exceed the sum representing the cost which the Company could have been called upon to pay for reinstatement if such property had been wholly destroyed.</li>
	<li style="margin-left: 0.5in;">No payment beyond the amount which would have been payable under the policy if this memorandum had not been incorporated therein shall be made until the cost of reinstatement shall have been actually incurred.</li>
	<li style="margin-left: 0.5in;">Each item insured under this memorandum is declared to be separately subject to the following Condition of Average, namely:
	<ul>
		<li style="margin-left: 0.5in;">If at the time of reinstatement the sum representing the cost which would have been incurred in reinstatement if the whole of the property covered by such Item had been destroyed, exceeds the sum insured thereon at the breaking out of any fire or at the commencement of any destruction of or damage to such property by any other peril thereby insured against, then the Insured shall be considered as being his own insurer for the excess and shall bear a ratable proportion of the loss accordingly.</li>
	</ul>
	</li>
	<li style="margin-left: 0.5in;">The Company shall not be liable for the cost of removing the debris of the damage or destroyed property to be reinstated or replaced.</li>
	<li style="margin-left: 0.5in;">No payment beyond the amount which would have been payable under the policy if this memorandum had not been incorporated therein shall be made if at the time of any destruction or damage to any property insured hereunder such property shall be covered by any other insurance effected by or on behalf of the Insured which is not upon the identical basis of reinstatement set forth herein.</li>
	<li style="margin-left: 0.5in;">When the Insured is unable or unwilling to replace or reinstate the property destroyed or damaged on the same or another site or where by reason of any of the above special&nbsp; provisions no payment is to be made beyond the amount which would have been payable under the policy if this memorandum had not been incorporated therein the rights and liabilities of the company and the insured in respect of the destruction or damage shall be subject to the terms and conditions of the policy, including any Condition of Average therein, as if this memorandum had not been incorporated therein.</li>
</ol>
