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Definitions WHEN USED WITH RESPECT TO INSURANCE UNDER THIS CONTRACT, WORDS <br />AND PHRASES THAT APPEAR IN BOLD PRINT HAVE THE SPECIAL MEANINGS <br />DESCRIBED BELOW: <br />Customer and who makes a claim or brings a suit which arises out of, or is directly or indirectly related to, <br />{continued) any of the above. <br />Employee Employee includes a leased worker. Employee does not include a temporary worker. <br />Financial Instruments Financial Instruments means: <br />• currency, coins, bank notes, and bullion: <br />• travelers checks, registered checks, food stamps, and money orders held for sale to the <br />public: <br />• all negotiable and non-negotiable instruments or contracts that represent either money or <br />other property held by you in any capacity; <br />• revenue and other stamps in current use, tickets and tokens; <br />• property of others that you hold as a pledge or as collateral for a loan; <br />• commodities, jewelry, precious and semi-precious stones and precious metals in any form; <br />• insurance policies; and <br />• certificates of origin or title, deeds, mortgages and abstracts of title. <br />Foreclosed Property <br />Foreclosed properly means property to which you have perfected your right to possession, or to <br />which you have been given the deed or title, because the property was security for a loan you <br />owned or serviced and there was a default on that loan. <br />Hostile Fire <br />Hostile fire means one which becomes uncontrollable or breaks out from where it was intended to <br />be. <br />impaired Property <br />Impaired property means tangible property, other than your product or your work, that cannot <br />be used or is less useful because: <br />• it incorporates your product or your work that is known or thought to be defective, <br />deficient, inadequate or dangerous; or <br />• you have failed to fulfill the terms or conditions of a contract or agreement; <br />if such property can be restored to use by: <br />• the repair, replacement, adjustment or removal of your product m your work; or <br />• your fulfilling the terms or conditions of the contract or agreement. <br />Insured <br />Insured means a person or an organization qualifying as an Insured in the Who Is An Insured <br />section of this contract. <br />Liahlrity Insurance <br />Form 17-02-3080(Rev. 4-01) Contract <br />,�, <br />0 <br />twkl�,uganauotwdat -. <br />REVIEWED&APPROVED BY: <br />A,. , Acwedo �. <br />Risk Management Specialist -. <br />