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VACANT PROPERTY SECURITY (3)
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VACANT PROPERTY SECURITY (3)
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Last modified
6/26/2024 2:59:28 PM
Creation date
12/11/2019 10:39:07 AM
Metadata
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Template:
Contracts
Company Name
VACANT PROPERTY SECURITY
Contract #
A-2019-224
Agency
Planning & Building
Council Approval Date
11/19/2019
Expiration Date
12/4/2020
Insurance Exp Date
9/30/2022
Destruction Year
2025
Notes
FIRST AMENDMENT TO INCREASE COMPENSATION AND EXTEND TERM - AWARD OF EQUIPMENT & SERVICE AGREEMENT FOR PLACING METAL SECURITY DOORS, SCREENS & OTHER SECURITY EQUIPMENT ON RED-TAGGED BUILDINGS
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VACANT PROPERTY SECURITY
(Amends)
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VACANT PROPRTY SECURITY
(Amends)
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CNA CNA PARAMOUNT <br />Real Estate General Liability Extension Endorsement <br />Otherwise, and notwithstanding anything to the contrary elsewhere in this Condition, the insurance provided to <br />such person or organization is excess of any other insurance available to such person or organization. <br />3. BODILY INJURY— EXPANDED DEFINITION <br />Under DEFINITIONS, the definition of bodily injury is deleted and replaced by the following: <br />Bodily injury means physical injury, sickness or disease sustained by a person, including death, humiliation, shock, <br />mental anguish or mental injury sustained by that person at any time which results as a consequence of the physical <br />injury, sickness or disease. <br />4. BROAD KNOWLEDGE OF OCCURRENCE/ NOTICE OF OCCURRENCE <br />Under CONDITIONS, the condition entitled Duties in The Event of Occurrence, Offense, Claim or Suit is amended <br />to add the following provisions: <br />A. BROAD KNOWLEDGE OF OCCURRENCE <br />The Named Insured must give the Insurer or the Insurer's authorized representative notice of an occurrence, <br />offense or claim only when the occurrence, offense or claim is known to a natural person Named Insured, to a <br />partner, executive officer, manager or member of a Named Insured, or to an employee designated by any of the <br />above to give such notice. <br />B. NOTICE OF OCCURRENCE <br />The Named Insured's rights under this Coverage Part will not be prejudiced if the Named Insured fails to give <br />the Insurer notice of an occurrence, offense or claim and that failure is solely due to the Named Insured's <br />reasonable belief that the bodily injury or property damage is not covered under this Coverage Part. However, <br />the Named Insured shall give written notice of such occurrence, offense or claim to the Insurer as soon as the <br />Named Insured is aware that this insurance may apply to such occurrence, offense or claim. <br />5. BROAD NAMED INSURED <br />WHO IS AN INSURED is amended to delete its Paragraph 3. in its entirety and replace it with the following: <br />3. Pursuant to the limitations described in Paragraph 4. below, any organization in which a Named Insured has <br />management control: <br />a. on the effective date of this Coverage Part; or <br />b. by reason of a Named Insured creating or acquiring the organization during the policy period, <br />qualifies as a Named Insured, provided that there is no other similar liability insurance, whether primary, <br />contributory, excess, contingent or otherwise, which provides coverage to such organization, or which would have <br />provided coverage but for the exhaustion of its limit, and without regard to whether its coverage is broader or <br />narrower than that provided by this insurance. <br />But this BROAD NAMED INSURED provision does not apply to: <br />(a) any partnership or joint venture; or <br />(b) any organization for which coverage is excluded by another endorsement attached to this Coverage Part. <br />For the purpose of this provision, and of this endorsement's JOINT VENTURES / PARTNERSHIP / LIMITED <br />LIABILITY COMPANIES provision, management control means: <br />A. owning interests representing more than 50% of the voting, appointment or designation power for the <br />selection of a majority of the Board of Directors of a corporation, or the members of the management board of <br />a limited liability company; or <br />B. having the right, pursuant to a written trust agreement, to protect, control the use of, encumber or transfer or <br />sell property held by a trust. <br />CNA74902XX (1-15) <br />Page 6 of 14 <br />Nat'l Fire Ins <br />Insured Name: ASP <br />Co of Hartford <br />MCS ACQUISITION <br />Copyright CNA All Rights Reserved <br />Pol <br />EndorsemE RiskMmWmadciAsion <br />Effectiv i / r RE�AEWED & APPROVED BY.- <br />CORP V;aa <br />Includes copyrighted material of Insurance Services Office, Inc., with its Risk Management Analyst <br />
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