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1 <br />2 SECTION V --COVERAGE PERIOD AND TERRITORY <br />3 <br />4 <br />5 The coverages stated in Section I of this MEMORADUM apply to DAMAGES caused by <br />6 OCCURRENCE anywhere in the world during the MEMORANDUM PERIOD. <br />7 <br />8 <br />9 SECTION VI --EXCLUSIONS <br />10 <br />11 <br />12 This MEMORANDUM does not apply to any CLAIM for or arising out of: <br />13 <br />14 1. Contamination of the environment by POLLUTANTS introduced at any time, into, under or up <br />15 land, the atmosphere, or any watercourse or body of water or aquifer. This exclusion appli <br />16 whether or not the contamination is introduced into the environment intentionally or accidenta: <br />17 or gradually or suddenly, and whether or not the COVERED PARTY or any other person <br />18 organization is responsible for the contamination. <br />19 <br />20 Contamination includes any unclean, unsafe, or unhealthful condition, either actual or potenti~ <br />21 which arises out of the presence in the environment of any POLLUTANT whether permanent <br />22 transient. <br />23 <br />24 Environment includes land, bodies of water, underground water or water table or aquifer, t] <br />25 atmosphere, and any other natural feature of the earth, whether or not altered, developed <br />26 cultivated. <br />27 <br />28 This exclusion does not apply to: <br />29 <br />30 a. Any discharge, dispersal, seepage, migration, release or escape ofPOLLUTANTS that mee <br />31 all of the following conditions: <br />32 <br />33 i. It was accidental and neither expected nor intended by the COVERED PARTY. This <br />34 condition would not serve to deny coverage for a specific incident where such <br />35 discharge, dispersal, seepage, migration, release or escape of pollutants was a result o <br />36 an attempt by the COVERED PARTY to mitigate or avoid a situation where <br />37 substantial third party bodily injury, PROPERTY DAMAGE or PERSONAL INJUR' <br />38 could occur; <br />39 <br />40 ii. It was demonstrated as having commenced on a specific date during the teen of this <br />41 MEMORANDUM; <br />42 <br />43 iii. Its commencement became known to the COVERED PARTY within twenty-one (21) <br />44 calendar days and was further reported to the person responsible for risk management <br />45 at the MEMBER within a reasonable time frame; <br />46 <br />47 iv. Its commencement was reported in writing to BICEP within sixty (60) calendar days c <br />48 becoming known to the person responsible for risk management at the MEMBER; an. <br />49 <br />03-OS-06 7 <br />