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Last modified
6/5/2024 10:15:27 AM
Creation date
10/14/2021 10:38:43 AM
Metadata
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Template:
Contracts
Company Name
CEM CONSTRUCTION
Contract #
P 16-7566
Agency
Public Works
Council Approval Date
9/21/2021
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COMMERCIAL GENERAL LIABILITY <br />CG 20 34 0413 <br />THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br />ADDITIONAL INSURED - LESSOR OF LEASED <br />EQUIPMENT - AUTOMATIC STATUS WHEN <br />REQUIRED IN LEASE AGREEMENT WITH YOU <br />This endorsement modifies insurance provided under the following: <br />COMMERCIAL GENERAL LIABILITY COVERAGE PART <br />A. Section II — Who Is An Insured is amended to <br />include as an additional insured any person(s) or <br />organization(s) from whom you lease equipment <br />when you and such person(s) or organization(s) <br />have agreed in writing in a contract or agreement <br />that such person(s) or organization(s) be added as <br />an additional insured on your policy. Such <br />person(s) or organization(s) is an insured only with <br />respect to liability for "bodily injury", "property <br />damage" or "personal and advertising injury" <br />caused, in whole or in part, by your maintenance, <br />operation or use of equipment leased to you by <br />such person(s) or organization(s). <br />However, the insurance afforded to such <br />additional insured: <br />1. Only applies to the extent permitted by law; <br />and <br />2. Will not be broader than that which you are <br />required by the contract or agreement to <br />provide for such additional insured. <br />A person's or organization's status as an <br />additional insured under this endorsement ends <br />when their contract or agreement with you for such <br />leased equipment ends. <br />B. With respect to the insurance afforded to these <br />additional insureds, this insurance does not apply <br />to any "occurrence" which takes place after the <br />equipment lease expires. <br />C. With respect to the insurance afforded to these <br />additional insureds, the following is added to <br />Section III — Limits Of Insurance: <br />The most we will pay on behalf of the additional <br />insured is the amount of insurance: <br />1. Required by the contract or agreement you <br />have entered into with the additional insured; <br />or <br />2. Available under the applicable Limits of <br />Insurance shown in the Declarations; <br />whichever is less. <br />This endorsement shall not increase the <br />applicable Limits of Insurance shown in the <br />Declarations. <br />%kMwg mtDlWlm <br />p i , �3 I�nEwevRRs�A,/�rrawmer. <br />MOM <br />Risk Md(4lgemen[5 <br />CG 20 34 04 13 © Insurance Services Office, Inc., 2012 Page 1 of 1 <br />
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