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Last modified
8/26/2021 11:38:02 AM
Creation date
2/22/2021 3:04:35 PM
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Contracts
Company Name
BIBLIOLABS, LLC
Contract #
N-2021-031
Agency
Parks, Recreation, & Community Services
Expiration Date
2/14/2022
Insurance Exp Date
4/16/2022
Destruction Year
2027
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CNA CNA PARAMOUNT <br />Technology Property Extension Endorsement <br />The Insurer will not pay for any loss of business income, loss of research and development <br />business income or extra expense incurred for any one occurrence until the amount of loss or <br />expense exceeds the Property Deductible shown in the Business Property Schedule of <br />Locations, or the Supply Chain Disruption Coverage Deductible shown in the above <br />SCHEDULE, whichever is greater. The Insurer will pay for covered loss and expense in excess <br />of the applicable Deductible amount, up to the Supply Chain Disruption Coverage limit of <br />insurance shown in the above SCHEDULE. <br />4. The Insurer will reduce the amount of the Named Insured's business income loss under this <br />off -site coverage to the extent the Named Insured can resume the Named Insured's <br />operations in whole or in part, by using any other available source of materials or outlets for the <br />Named Insured's products or services. <br />5. The Insurer will not pay for any loss or expense under this off -site coverage caused by or <br />resulting from Earthquake or flood, even if they are otherwise covered perils. <br />Technology Service Provider Coverage <br />1. To the extent time element coverage is applicable at that location or reported unspecified <br />location, the Insurer will pay, as provided, for: <br />the actual loss of business income the Named Insured sustains during the period of <br />restoration due to the necessary suspension or delay of operations; <br />b. the actual loss of research and development business income the Named Insured <br />sustains during the period of restoration due to the necessary suspension or delay of <br />research and development projects; or <br />C. extra expense, <br />caused by the loss of or damage to property at an external service provider located anywhere <br />in the world. The loss or damage must be directly caused by a covered peril. <br />2. The most the Insurer will pay under this off -site coverage for any one occurrence is the <br />Technology Service Provider Coverage limit of insurance shown in the above SCHEDULE. <br />3. The following replaces the Deductible and Qualifying Periods provision of the LIMITS OF <br />INSURANCE/INDEMNITY PERIOD/DEDUCTIBLE/QUALIFYING PERIOD section of the <br />Business Property Coverage Part for this off -site coverage: <br />The Insurer will not pay for any loss of business income, loss of research and development <br />business income or extra expense incurred for any one occurrence until the amount of loss or <br />expense exceeds the Property Deductible shown in the Business Property Schedule of <br />Locations, or the Technology Service Provider Coverage Deductible shown in the above <br />SCHEDULE, whichever is greater. The Insurer will pay for covered loss and expense in excess <br />of the applicable Deductible amount, up to the Technology Service Provider Coverage limit of <br />insurance shown in the above SCHEDULE. <br />CNA62665XX (10-15) <br />Page 3 of 11 <br />VALLEY FORGE INSURANCE <br />Insured Name: LYRASIS INC <br />Po <br />EndorsemE Risk MwaganadDiMiskm <br />COMPANY Effectiv z REVIEWED & APPROVED SY.- <br />Copyright CNA All Rights Reserved. ` Risk Management Analyst <br />
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