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De mrt ons WHEN USIA Wl'1'H R1sSl'I:C;T"CO INSUI2ANCP: UND[sIt'CIiIS CONTRACT, WORDS <br />(continued) ANI? i'HftAS)?S THA'I' AI'PT1.?1K [N IiC)L[) YRIN'C ?-IAVI; 1'FIE SPP:C[A L Mls'AtVINCGS <br />I7lSCI2IBF:D BELOW: <br />/mpalrBd PrOpCYty Impairwi property means tangible property, other than your product ar your work, that carmot <br />bc: used or is less useful because: <br />• it incorporates your product or your work that is known or thought to be defective, <br />deficient, irruicyutuc or dangerous; or <br />• you have foiled Lo fulfill the terms or conditions of a. contract. or agreement; <br />iF such property can he restored [o use by: <br />• the repair, rcptacc;ment, adjusUnenL ar removal of Vour product or your work; or <br />• your fulfilling the terms or conditions of the Contracts or agrecntent. <br />/I)SLIYBd Insured means a person or an organvation qualifying as an insured in the Who is An insured <br />sec lion of this contract. <br />. , ?r .?_ <br />Insured Con _.??.<-:. _ ?- _, <br />t!'2Ct itrsvred con4act: <br />A_ means: <br />1. a Lease of premises; <br />2. a sidetrack agroement; <br />3. err uasernen[ or license agrcemenC <br />4. an obligation, Irs req aired by ordinance, co indemnify a municipality, except in <br />connection with work Cor a municipality; <br />J. an elevator nraiutenance agrcenunt; or <br />6. any othercantractor agreeinenc pertaitung to,.yourtrusiness (including an <br />indcmnifit-anon oF'.a municipality In"connecton with work pcrYOrnmd`ror such '. <br />municipality) rn which yon.. assume the tort liability ofanother person ar: organization <br />to pay damages, to''which this insurance applies, sustained by a tbrti persorr or <br />organization. <br />IK, does no[ include that part of any contract or agreement that indemnities an architect, <br />engineer or surveyor for damages azising ovt of: <br />1. preparing, approving or Failing ro prepare or approve maps, drawings, opinions, <br />reports, Surveys, Held orders, change orders. designs or speciFcations; or <br />2. giving directions or instructions, or failing [n give them. <br />Llabiliry Insurance <br />Form BO-QZ-2000 (Rev. 4-01) CoiMract Page 26 0/ 32