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CNA CNA PARAMOUNT <br />Business Property Coverage Part <br />c. the installation, fabrication or erection project is accepted by the purchaser as complete; or <br />d. the Named Insured abandons the installation, fabrication or erection project with no intention to complete <br />it. <br />D. Mobile Computing Devices — Worldwide Coverage <br />1. The Insurer will pay for direct physical loss of or damage to mobile computing devices while outside the <br />coverage territory, except within any country upon which the United States government has imposed <br />sanctions, embargoes or similar prohibitions. The loss or damage must be directly caused by a covered <br />peril. <br />2. The most the Insurer will pay for loss or damage under this OFF -SITE COVERAGE for any one occurrence <br />is the Mobile Computing Devices — Worldwide Coverage Limit of Insurance. <br />E. Property at Unspecified Locations Coverage — Property Damage and Time Element Combined <br />1. The Insurer will pay for direct physical loss of or damage to insured property, research and development <br />project property and fine arts at an unspecified location, or while in the custody of a salesperson, directly <br />caused by a covered peril. <br />The coverage provided for fine arts under this OFF -SITE COVERAGE is subject to the provisions of the Fine <br />Arts Coverage in the ADDITIONAL COVERAGE BASKET section, except the requirement that such <br />property be at a location or reported unspecified location. <br />2. To the extent time element coverage is applicable under this Business Property Coverage Part, the <br />Insurer will pay, as provided, for: <br />a. the actual loss of business income the Named Insured sustains during the period of restoration due <br />to the necessary suspension or delay of operations; <br />b. the actual loss of research and development business income the Named Insured sustains during the <br />period of restoration due to the necessary suspension or delay of research and development projects; <br />and <br />c. extra expense, <br />caused by loss of or damage to insured property, research and development project property and fine <br />arts at an unspecified location or while in the custody of a salesperson directly caused by a covered peril. <br />0 <br />0 <br />3. The most the Insurer will pay for all loss, damage or expense combined under this OFF -SITE COVERAGE: <br />a. at any one unspecified location for any one occurrence is the Property at Unspecified Locations <br />0 <br />Coverage — Property Damage and Time Element Unspecified Location Limit of Insurance. <br />b. for all unspecified locations for any one occurrence, regardless of the number of unspecified <br />locations involved, is the Property at Unspecified Locations Coverage — Property Damage and Time <br />Element Unspecified Locations Combined Limit of Insurance. <br />4. This Property at Unspecified Locations Coverage does not apply to: <br />a. property in transit, other than while in the custody of salespersons as described in Paragraph E.1. above; <br />b. property that is covered under the Protection of Property Coverage of the ADDITIONAL COVERAGES <br />section. <br />5. The Earth Movement and Flood Excluded Perils under the EXCLUSIONS section do not apply only with <br />respect to unspecified locations that the Named Insured does not own, operate or lease. <br />F. Property in Transit Coverage — Property Damage and Time Element Combined <br />1. The Insurer will pay for direct physical loss of or damage to insured property, ri <br />project property, fine arts, media and records of accounts receivable directly <br />CNA62648XX 10-15 <br />Copyright CNA All Rights Reserved. <br />,searcn ana aeveio meni <br />,a Risk MmRgemerdDi isfan <br />REVIEWED & APPROVED BY.- <br />ru4w'L� 11. Yi&4441 <br />Risk Management Analyst <br />