<p>In the application of the Deductible Clause made part of this coverage each of the following shall be considered a separate Unit of Insurance:</p>

<ol>
	<li>each separate building or structure (including foundation) per policy valuation</li>
	<li>contents of each building or structure per policy valuation</li>
	<li>property in the open at each location per policy valuation</li>
	<li>fully Annual Business Interruption/Loss or Gross Earnings/Rental Value which would have been earned in twelve (12) month period following the occurrence at the location where the physical loss occurs.</li>
</ol>
