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BOWERS MUSEUM - 2006 CDBG FUNDED PROGRAM
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BOWERS MUSEUM - 2006 CDBG FUNDED PROGRAM
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Entry Properties
Last modified
3/13/2013 2:12:17 PM
Creation date
12/19/2006 1:18:29 PM
Metadata
Fields
Template:
Contracts
Company Name
BOWERS MUSEUM
Contract #
A-2006-092-004
Agency
COMMUNITY DEVELOPMENT
Council Approval Date
4/17/2006
Expiration Date
6/30/2007
Insurance Exp Date
7/30/2007
Destruction Year
2012
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<br />'d, The following definitions are added to the Definitions Section: <br /> <br />1, "Covered recall" means a recall made necessary because the insured or a government body has deter- <br />mined that a known or suspected defect, deficiency, inadequacy or dangerous condillon in "your product" <br />has resulted in or will resuK In "bodily injury" or "property damage". <br /> <br />2. "Produel Recall Expense" means: <br /> <br />(a) The following necessary and reasonable expenses you Incur exclusively for the purpose of recalling <br />"your product": <br /> <br />(1) For communications, including radio or telavislon announcaments or printed advertisements <br />including stationery, envalopes and postage; <br /> <br />(2) For shipping the recalled products from any purchaser, distributor or user to the place or pieces <br />designated by you; <br /> <br />(3) For remuneration paid to your regular "employees' for necessary overtime; <br /> <br />(4) For hiring additional per.rons, other than your regular "employees"; <br /> <br />(5) Incurred by 'employees', including transportation end eccommodetions; <br /> <br />(6) To rent additional warehouse or storage spece; or <br /> <br />(7) For dlsposel of "your products', but only to the extent that specific methods of destruction other <br />than those employed for trash discarding or disposal are required to avoid "bodily Injury" or <br />"property damage" as a result of such dlsposel, but <br /> <br />"produel recell expenses" does not include costs of regaining your market share, goodwill, revenua or profit. <br /> <br />(b) "Product Recall Expense" does not Include any expenses resuitlng from: <br /> <br />(1) Failure of any product to accomplish Its Intended purposa; <br /> <br />(2) Breach of warranties of fitness, quality, durabllily or performance; <br /> <br />(3) Loss of customer approval, or any cost Incurred to regain customer approval; <br /> <br />(4) Radistribullon or replacement of "your product" which has been recalled by like products or substi- <br />tutes; <br /> <br />(5) Caprice or whim of the insured; <br /> <br />(6) A condillon likely 10 cause loss of which any Insured knew or had reason to know at the inception of <br />this insurence; and <br /> <br />(7) Recall of "your products" that have no known or suspected defeel solely because a knoWn or sus- <br />pected defect In another of "your products" has been found <br /> <br />SUPPLEMENTARY PAYMENTS -INCREASED UMITS <br /> <br />In the SUPPLEMENTARY PAYMENTS - Coverages A and B provision: <br /> <br />a. The IImll for the cost of bail bonds is amended to $2,500; and <br /> <br />b. The limit for reasonable expenses Incurred by the "insured" is amended to $500 a day. <br /> <br />" <br /> <br />20. <br /> <br />,~ .I." .J, <br />L,;J I T(~- 1"0" 1)M <br />_"~"" .;~~hl <br />'0'" (', ','. '.. ,- '-._~_" <br />.L,~:... "'.'i ':L'C...ij - <br />/'.-,' '," ",",- <br />~~'.., ,. h Llty AtLor':.:ey <br /> <br />VCG 20li 02 05 <br /> <br />1ncI.- c;opyrIghled _ DlIns......,. Services 0IIice, Inc. <br />CopyIIghl2l104, 11111111111111111111111111111111111111111111111111 <br /> <br />Page7D17 <br />
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