Property Damage Issue under CGL Form

Our insured is a rental equipment company. In this particular claim, it rented out an electricity generator that failed to work. As a result, the insured's client was prevented from recording an event that eventually was to be televised, thus allegedly suffering a loss of income. Since insured's client only suffered a loss of income, not damages to his personal property per se (i.e., none of his equipment suffered damages due to the broken-down generator), is the client's claim covered as property damage under our insured's CGL Policy (1996), considering that money is not tangible property?

Puerto Rico Subscriber