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CNA CNA PARAMOUNT First Party Glossary of Defined Terms B. Water Efficiency, including use of water efficient processes and wastewater technologies, as well as use of alternative water or indoor plumbing systems that reduce water usage from any plumbing fixture. C. Materials Efficiency, including use of sustainable and environmentally preferable construction materials, materials management and re -cycling programs. D. Environmental Quality, including reduction of the quantity of indoor air contaminants by use of low -emitting products or materials. Green insured property does not include stock, processing water, molds and dies, property in the open, personal property of others or personal property of executive officers or employees. Gross Leasehold Interest Gross leasehold interest means the difference between the: A. the current monthly rental value at the market rate of the location or the reported unspecified location the Named Insured has leased on the date the direct physical loss or damage occurred; and B. the actual monthly rent the Named Insured currently pays, including taxes, insurance, janitorial or other services or fees that the Named Insured pays as part of the rent and other monthly assessments. Installation Location Installation location means a premises that is not owned, leased or operated by the Named Insured at which installation property is or will be installed, constructed or serviced. Installation Property Installation property means personal property that has or will become a permanent part of an installation, construction, or service project being performed for others by the Named Insured, or on the Named Insured's behalf. Insured Property Insured property means real property and personal property. Location Location means each of the locations specified in the Business Property Schedule of Locations or scheduled in any endorsement to this Policy and includes: A. the area associated with that address in which the Named Insured is legally entitled to conduct business activities; and B. the area extending 1,000 feet beyond that address. Manager Manager means any natural person manager or member. Manufactured Goods Manufactured goods means goods manufactured at a premises: A. the Named Insured owns or operates; or B. that the Named Insured does not own or operate, provided the Named Insured: 1. contracted for the goods to be manufactured exclusively for the Named Insured; a CNA62641XX 10-15 Copyright CNA All Rights Reserved. HORaN RiskMmRgzmerdDivisian REVIEWED & APPROVED BY.- o z Risk Management Analyst