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MDG ASSOCIATES, INC. (2)
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MDG ASSOCIATES, INC. (2)
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Last modified
7/25/2024 9:46:58 AM
Creation date
7/25/2024 9:45:45 AM
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Contracts
Company Name
MDG ASSOCIATES, INC.
Contract #
A-2024-095
Agency
Community Development
Council Approval Date
7/16/2024
Expiration Date
7/30/2025
Insurance Exp Date
7/1/2025
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advertising injury" arising out of their willful conduct, which Is defined as the purposeful or willful Intent to <br />cause "bodily injury" or "personal and advertising Injury" or caused In whole or in part by their Intoxlca- <br />tion, by liquor or controlled substances. <br />The coverage provided by provision J. is excess over any other valid and collectable insurance available to <br />your "employee, <br />K. NEWLY FORMED OR ADDITIONALLY ACQUIRED ENTITIES <br />Paragraph 3. of Section 11- Who Is An Insured is replaced by the following: <br />3. Any organization you newly acquire or form and over which you maintain ownership or majority <br />interest, will qualify as a Named insured ii there is no other similar insurance available to that <br />organization. However., <br />a, Coverage under this provision is afforded only until the expiration of the policy period in <br />which the entity was acquired or formed by you, <br />b. Coverage A does not apply to "bodily injury"` or "property demaga" that occurred before you <br />acquired or formed the organization, and <br />c. Coverage B does not apply to "personal and advertising injury" arising out of an offense <br />committed before you acquired or formed the organization. <br />d. Records and descriptions of oporallons must be maintained by the first Named Insured. <br />No person or organization is an insured with respect to the conduct of any current or past partnership, joint <br />venture or limited liability company that is not shown as a Named Insured in the Declarations or qualfiias <br />as an insured under this provision, <br />L. FAILURE TO DISCLOSE HAZARDS AND PRIOR OCCURRENCES <br />Under Section IV . Commercial General Liability Conditions, the following is added to Condition 6. Repre. <br />sentations., <br />Your failure to disclose all hazards or prior "occurrencos" totaling as of the Inception date of the policy <br />shall not prejudice the coverage afforded by this policy provided such failure to disclose all hazards or <br />prior "ccc urrencee Is not intentional. <br />M. KNOWLEDGE OFOCCURRENCE, OFFENSE, CLAIM OR SUIT <br />Under Section IV -Commercial General Liability Condhions, the following is added to Condition 2. Duties <br />In The Event of Occurrence, offense, Claim Or Suit: <br />Knowledge of an "accurrenoo", offense, olalm or "suit" by an agent, servant or "employee" of any <br />Insured shall not In Itself constitute knowledge of the insured unless an insured listed under Paragraph <br />1. of Section it Who Is An insured or a person who has been designated by them to receive reports of <br />"ocourrenoae, offenses, claims or "suits" shall have received such notice from the agent, servant or <br />"employee", <br />s <br />a N. LIBERALIZATION CLAUSE <br />if we revise this Commercial General Liability Extension Endorsement to provide more coverage without <br />additional premium charge, your policy will automatically provide the coverage as of the day the revtsion Is <br />s effective in your state, <br />O. BODILY INJURY REDEFINED <br />Under Section V -Definitions, Definition 3, is replaced by the following; <br />3. "Bodily Injury" means physical Injury, sickness or disease sustained by a person. This includes <br />mental anguish, mental injury, shock, fright or death that results from such physical injury, sick- <br />ness or disease. <br />RIsleMana�mu�tlllrvisfan <br />ri REviswEoyg&APPRg�}vEo BK:. <br />I' 4 (''EW4f4 <br />20t3LlbertyMutual Insurance '� Ri,kMana9emenhSpeclaVsa <br />0088100413 Includes copyrighted material of Insurance services Office, Eno., with Its pennissic -- _ <br />
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