CZ002 - DATE RECOGNITION CLAUSE (SPECIFIED PERILS) (OBSOLETE FROM 09-03)

As from (insert date)

  1. (Not applicable to Section D – Liability)

The insurance under this Policy shall not apply in respect of any loss damage or liability directly or indirectly caused by or contributed to by or consisting of or arising from the failure of any

a)computer data processing equipment or media microchip integrated circuit or similar device or

b)other equipment or system for processing storing or retrieving data or

c)computer software

whether the property of the Insured or not and whether occurring before during or after the year 2000 to

i)recognise correctly any date as its true calendar date

ii)capture save retain or correctly manipulate interpret or process any data information command or instruction as a result of treating any date otherwise than as its true calendar date

iii)capture save retain or correctly process any data as a result of the operation of any programmed command which causes the loss of data or the inability to capture save retain or correctly to process such data on or after any date but such indemnity shall apply in respect of subsequent loss destruction or damage which itself results from a Defined Peril and which is not otherwise excluded by the Section.

Definition

For the purpose of this Special Provision

Defined Peril shall mean fire lightning explosion aircraft or other aerial device or articles dropped therefrom riot civil commotion strikers locked out workers persons taking part in labour disturbances malicious persons other than thieves earthquake storm flood escape of water from any tank apparatus or pipe or impact by any vehicle or animal.

  1. (Applicable only to Section D – Liability)

The insurance under Section D Subsections 2 and 3 shall not provide indemnity against liability directly or indirectly caused by or contributed to by or consisting of or arising from the failure of any

a)computer data processing equipment or media microchip integrated circuit or similar device or

b)other equipment or system for processing storing or retrieving data or

c)computer software

whether the property of the Insured or not and whether occurring before during or after the year 2000 to

i)recognise correctly any date as its true calendar date

ii)capture save retain or correctly manipulate interpret or process any data information command or instruction as a result of treating any date otherwise than as its true calendar date

iii)capture save retain or correctly process any data as a result of the operation of any programmed command which causes the loss of data or the inability to capture save retain or correctly to process such data on or after any date.