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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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THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br />THE <br />HARTFORD <br />(8) We will deduct from the total Extra Expense to be paid: <br />(a) The salvage value that remains of any property bought for temporary use during the "dependent <br />property period of restoration", once business operations are resumed; and <br />(b) Any Extra Expense that is paid for by other insurance. <br />(9) You must resume all or part of your "operations" as quickly as possible. We will reduce the amount of <br />your Business Income loss, other than Extra Expense, to the extent you can resume "operations", in <br />whole, or in part, by using any other available: <br />(a) Sources of materials; or <br />(b) Outlet for your products. <br />(10)We will not pay for any Extra Expense or increase of Business Income loss caused by or resulting from: <br />(a) Delay in rebuilding, repairing or replacing the property or resuming "operations", due to interference <br />at the location of the rebuilding, repair or replacement by strikers or other persons; or <br />(b) Suspension, lapse or cancellation of any license, lease or contract. But if the suspension, lapse or <br />cancellation is directly caused by the suspension of "operations', we will cover such loss that affects <br />your Business Income during the "dependent property period of restoration". <br />(c) Any other consequential loss. <br />(11)A waiting period may apply to Business Interruption, however, no other deductible applies to this <br />Coverage Extension. <br />(12)The most we will pay in any one occurrence under this Coverage Extension is the limit shown in the <br />Declarations for Business Income From Dependent Properties. <br />B. The following changes are made to Section G. PROPERTY DEFINITIONS: <br />1. The following definition is added: <br />"Dependent property" means property owned, leased or operated by others whom you depend on to: <br />a. Deliver materials or services to you or to others for your account. But services do not include: <br />(1) Water, wastewater removal, communication, power services or any other utility services; or <br />(2) Any type of web site, or Internet service. <br />b. Accept your products or services; <br />c. Manufacture your products for delivery to your customers under contract for sale; or <br />d. Attract customers to your business premises. <br />The "dependent property" must be located in the coverage territory of this Coverage Part. <br />2. The following definition is added: <br />"Dependent property period of restoration" <br />a. Means the period of time that: <br />(1) Begins: <br />(a) The number of hours shown in the Declarations after the time of direct physical loss or direct physical <br />damage for Business Income for Dependent Properties coverage; or <br />(b) Immediately after the time of direct physical loss or direct physical damage for Extra Expense <br />coverage; <br />caused by or resulting from any Covered Cause of Loss at the "dependent property" or "secondary <br />dependent property"; and <br />(2) Ends on the earlier of: <br />(a) The date when the property at the "dependent property" or "secondary dependent property" should be <br />repaired, rebuilt or replaced with reasonable speed and similar quality; or <br />(b) Exhaustion of the number of consecutive months as shown on the Declarations as the Business <br />Income for Dependent Properties Period of Restoration. <br />b. Does not include any increased period required due to enforcement of or compliance with any ordinance or <br />law that: <br />(1) Regulates the construction, use or repair, or requires the tearing down of any <br />Form SP 30 14 10 18 <br />© 2018, The Hartford <br />(May include copyrighted material of Insurance Services Office, Inc., with its <br />property; or <br />ew cF RAMwagmedDMsian <br />Jy/\'x REVIEWED & APPROVED BY.- <br />v <br />--� Risk janagement Analyst <br />
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