noncontribution clause

noncontribution clause. A fire-insurance-policy provision stating that only the interests of the property owner and the first mortgagee are protected under the policy. [Cases: Insurance 3449. C.J.S. Insurance § 1395.]

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词条贡献者

译者Terence，毕业于国内顶尖法学院，擅长翻译各种与复杂结构性融资相关的法律文件。