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COMPULINK MANAGEMENT CENTER INC 3 - 2004
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COMPULINK MANAGEMENT CENTER INC 3 - 2004
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Last modified
7/12/2018 10:52:43 AM
Creation date
2/18/2004 2:34:54 PM
Metadata
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Template:
Contracts
Company Name
Compulink Management Center
Contract #
A-2004-004
Agency
Clerk of the Council
Council Approval Date
1/5/2004
Expiration Date
1/5/2009
Insurance Exp Date
1/6/2009
Notes
Renews annually until terminated (COTC, Treasury, PD) Amended by A-2005-122; 01;02;03;04
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2. Claims made or "surfs" brought; or <br />3. Persons or organizations making claims or bringing "suits". <br />These Limits of Insurance are inclusive of and not in addition to the Limits of Insurance shown in the Decla- <br />rations. <br />3. AGGREGATE LIMIT PER LOCATION <br />a. Under Section III -Limits of Insurance, the General Aggregate Limit applies separately to each of your <br />"locations" owned by or rented or leased to you. <br />b. Under Section V -Definitions, the following definition is added: <br />"Location" means premises involving the same or connecting lots, or premises whose connection is in- <br />terrupted only by a street, roadway, waterway or right-of-way of a railroad. <br />4. BLANKET WAIVER OF SUBROGATION <br />Section N -Transfer of Rights of Recovery Against Others to Us Condifion is amended to add the following: <br />We will waive any right of recovery we may have against any person or organization because of payments we <br />make for injury or damage arising out of your ongoing operations done under a written contract or agreement <br />with that person or organization and included in "your work" or the "products-completed operations hazard". <br />This waiver applies only to persons or organizations with whom you have a written contract, executed prior to <br />the "bodily injury" or "property damage", that requires you to waive your rights of recovery. <br />5. BODILY INJURY REDEFINED -MENTAL ANGUISH <br />Under Section V the definition of "bodily injury" is replaced by the following: <br />"Bodily injury" means hodily injury, sickness, or disease sustained by a person, including mental anguish or <br />death resulting from any of these at any time. <br />6. BROADENED NAMED INSURED <br />Section II -Who Is An Insured is amended to include as an insured the following: <br />Any organization which is a legally incorporated entity in which you own a financial interest of more than 50 <br />percent of the voting stack on the effective date of this endorsement will be a Named Insured until the 180'" day <br />or the end of the policy period, whichever comes first, provided there is no other similar insurance available to <br />that organization. <br />The insurance afforded herein does not apply to any entity which is also an insured under another policy or <br />would be an insured under such policy but for its termination or the exhaustion of its limits of insurance. <br />7. BROADENED PROPERTY DAMAGE -BORROWED EQUIPMENT, CUSTOMERS' GOODS AND USE OF <br />ELEVATORS <br />The insurance for "property damage" liability is subject to the following: <br />a, The Damage To Property exclusion under Section I Coverage A is amended as follows: <br />1. The exclusion for personal property in the care, custody or control of the insured does not apply to <br />"property damage" to equipment you borrow while at a job site and provided it is not being used by <br />anyone to perform operations at the time of loss. <br />2. The exclusions for <br />(a) Property loaned to you; <br />(b) Personal property in the care, custody or control of the insured; and <br />(c) That particular part of any property that must be restored ,repaired or replaced because "your <br />work" was incorrectly performed on it <br />do not apply to "property damage" to "customers' goods" while on your premises nor do they apply to <br />"property damage" arising from the use of elevators at premises you own, rent, lease or occupy. <br />Subject to the Each Occurrence Limit, the most we will pay for "property damage" to "Customers' <br />Goods" is $25,000 per "occurrence". <br />b. Under Section V -Definitions, the following definition is added: <br />"Customers' Goods" means goods of your customer on your premises for the purpose of being: <br />1. Repaired; or <br />2. Used in your manufacturing process. <br />c. The insurance afforded by this provision is excess over any other valid and collectible property insurance <br />(including any deductible) available to the insured whether such insurance is primary, excess, contingent or <br />VCG 205 02 05 Includes copyrighted malenal of Insurance Services Office, Inc. Page 3 of 7 <br />Copyright 2004,IIII!II!!!!!!!I!!I!!!!!!!!!!!!!IIII!!!1!!!!!!!!!!I <br />
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