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EAST END REALITY PARTNERS, LP.
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EAST END REALITY PARTNERS, LP.
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Last modified
12/23/2020 4:54:36 PM
Creation date
12/23/2020 4:51:38 PM
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Contracts
Company Name
EAST END REALITY PARTNERS, LP.
Contract #
N-2020-218
Agency
Community Development
Expiration Date
12/11/2021
Destruction Year
2026
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5. A post office certificate of mailing or a certified mail receipt will be sufficient proof of mailing of notice. <br />D. CHANGES -The First Named Insured is authorized to make changes in the terms of this policy with our consent. <br />This policy's terms can be amended or waived only by a written endorsement issued by us and made a part <br />of this policy. <br />E. CONFORMITY WITH LAWS -Any terms of this policy which are in conflict with the laws of the state or Canadian <br />province where this policy is issued are amended to conform to such laws. <br />F. DUTIES OF INSUREDS IN THE EVENT OF OCCURRENCE, CLAIM OR SUIT <br />You must see to it that: <br />We are notified as soon as practicable: <br />a. Of any Occurrence which may result in a claim under this policy, when the Occurrence is known to: <br />(1) You, if you are an individual; <br />(2) Your partner, if you are a partnership; <br />(3) Your member, if you are a joint venture; <br />(4) Your member or manager, if you are a limited liability company; or <br />(5) Your officer or insurance manager, if you are an organization other than a partnership or joint <br />venture; and <br />b. If a claim is made or Suit is brought against any Insured. <br />2. Insureds: <br />a. Cooperate with us in the investigation or settlement of any claim, or defense of any Insured against <br />any Suit; <br />b. Enforce any right, upon our request, against any person or organization which may be liable to any <br />Insured because of injury or damage to which this policy applies; and <br />c. Make no admission of liability, incur no expense other than first aid, and assume no obligation, without <br />our consent. <br />3. In jurisdictions in which we are prevented from investigating, defending or settling a claim, or defending any <br />Insured against any Suit, you must make or cause to be made such investigation, defense or settlement as <br />may be reasonably necessary. However, settlement requires our prior written authorization. Also, you must <br />see to it that Insureds continue to comply with their duty to cooperate in the defense. <br />G. MAINTENANCE OF PRIMARY INSURANCE <br />While this policy is in effect you agree: <br />1. To maintain Primary Insurance in full force, except forthe reduction of limits of insurance due to the payment <br />of judgments or settlements; <br />2. The terms and conditions of Primary Insurance will not materially change; and <br />3. Renewals or replacements of Primary Insurance will not materially change from the expiring Primary <br />Insurance. <br />If you fail to comply with the above this policy shall apply as if Primary Insurance had been so maintained. <br />H. PAYMENT OF LOSS UNDER THIS POLICY - This policy will not apply until the Insured or the Primary Insurer <br />is obligated to pay the full amount of the Primary Insurance limits of insurance. When the amount of judgment <br />or settlement has finally been determined, we will promptly pay on behalf of the Insured the amount of damages <br />which falls within the terms of this policy. <br />I. PREMIUM <br />1. The First Named Insured: <br />a. Is responsible for the payment of all premiums; and <br />530206 19 <br />Copyright © 2002 Alllanz Global Rlsks US Insmanoe Company. All righta reserved <br />g�A, OOt gNEvleweo 'ovmB <br />e� 1 �afYrieMC �"�. �!:AzlrnU.l <br />Risk Management Analyst <br />
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