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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 />a. 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 />provided the suspension was directly caused by the seizure of such personal property as <br />described in Paragraph 1. above. <br />3. This additional coverage will apply only if: <br />a. the Named Insured, executives officers, employees (including leased or temporary <br />employees) or authorized representatives did not know, or have reason to believe, at <br />the time of purchase the seller did not hold legal title to that personal property; <br />b. the personal property was shipped through a licensed importer or exporter if that <br />personal property originated outside the United States; and <br />C. the Insured replaces the seized personal property with similar like and kind property. <br />4. The most the Insurer will pay for all loss, damage or expense under this additional coverage in <br />any one occurrence is the Seized Property Coverage limit of insurance shown in the above <br />SCHEDULE. <br />5. The Governmental Action Excluded Peril under the EXCLUSIONS section of the Business <br />Property Coverage Part does not apply, but only to the extent of the coverage provided under <br />this additional coverage. <br />• Tenant Move Back Costs and Expenses Coverage <br />1. To the extent time element coverage is applicable at that location or reported unspecified <br />location, the Insurer will pay for reasonable and necessary tenant move back costs and <br />expenses incurred by the Named Insured provided that: <br />a. the vacancy occurred while such portion of the location or reported unspecified <br />location could not be occupied by the tenant due to direct physical loss of or damage to <br />covered property directly caused by a covered peril; and <br />b. such tenant moves back within 60 days after the portion of the location or reported <br />unspecified location leased by that tenant has been repaired or rebuilt and is ready for <br />occupancy. <br />2. The most the Insurer will pay under this additional coverage in each occurrence is the Tenant <br />Move Back Costs and Expenses Coverage limit of insurance shown in the above SCHEDULE. <br />CNA62665XX (10-15) <br />Page 7 of 11 <br />VALLEY FORGE INSURANCE <br />Insured Name: LYRASIS INC <br />Po <br />EndorsemE Risk MwaganadDiMiskm <br />COMPANY Effectiv z REVIEWED & APPROVED BY. - <br />Copyright CNA All Rights Reserved. ` Risk Management Analyst <br />
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