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ARELLANO ASSOCIATES -2012
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ARELLANO ASSOCIATES -2012
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Last modified
5/8/2020 9:37:51 AM
Creation date
2/21/2012 10:40:24 AM
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Contracts
Company Name
ARELLANO ASSOCIATES
Contract #
N-2012-011
Agency
PUBLIC WORKS
Insurance Exp Date
3/26/2013
Destruction Year
0
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g. All interest on the full amount of any <br />judgment that accrues after entry of the <br />judgment and before we have paid, of- <br />fered to pay, or deposited in court the <br />part of the judgment that is within the <br />applicable limit of insurance. <br />These payments will not reduce the limits of <br />insurance. <br />2 4f we defend an insured against a "suit" and <br />an indemnitee of the insured is also named <br />as a party to the "suit", we will defend that <br />indemnitee if all of the following conditions <br />are met: <br />a. The "suit" against the indemnitee seeks <br />damages for which the insured has as- <br />sumed the liability of the indemnitee in a <br />contract or agreement that is an "in- <br />sured contract": <br />b. This insurance applies to such liability <br />assumed by the insured; <br />c. The obligation to defend. or the cost of <br />the defense of, that indemnitee, has also <br />been assumes! by me insured in the same <br />"insured contract"; <br />d. The allegations in the "suit" and the in- <br />formation wa know about the "occur- <br />rence" are such that no conflict appears <br />to exist between the interests of the <br />insured and the interests of the indem- <br />nitee: <br />e. The indemnitee and the insured ask us to <br />conduct and control the defense of that <br />indemnitee against such "suit' and agree <br />that we can assign the same counsel to <br />defend the insured and the indemnitee: <br />and <br />f. The indemnitee: <br />11} Agrees in writing to: <br />(a! Cooperate with us in the inves- <br /> tigation, settlement or defense <br /> of the "suit'; <br />Sb) Immediately sand us copies of <br /> any demands, notices, sum- <br /> monses or legal papers received <br /> in connection with the "suit"; <br />(cl Notify any other insurer whose <br /> coverage is avaiiable to the in- <br /> demnitee; and <br />{dl Cooperate with us with respect <br /> to coordinating other applicable <br /> insurance available to the indem- <br /> nitee: and <br />(21 Provides us with written authoriza- <br />tion to <br />(a! Obtain records and other infor- <br />mation related to the "suit"; and <br />Ibl Conduct and control the defense <br />of the indemnitee in such "suit'. <br />So long as the above conditions are met. <br />attorneys' fees incurred 6y us in the de- <br />fense of that indemnitee, necessary litiga- <br />tion expenses incurred by us and necessary <br />litigation expenses incurred by the indemni- <br />tee at our request will be paid as Supple- <br />mentary Payments. Notwithstanding the pro- <br />visions of Paragraph 2b.f2) of SECTION I - <br />COVERAGE A -BODILY INJURY ANp PROP- <br />ERTY DA7IMGE L1AB?ITY, such payments will <br />not be deemed to be damages for "bodily <br />injury" and "property damage" and will not <br />reduce the limits of insurance. <br />Our abliga[ion to defend an insured's indem- <br />nitee and to pay for attorneys' fees and nec- <br />essary litigation expanses as Supplemen- <br />tary Payments ends when: <br />a. We have used up the applicable :?imit of <br />insurance in the payment of judl?ments <br />or settlements; or <br />b. The conditions set forth above, or the <br />terms of the agreement described in <br />Paragraph f_ above, are no longer met <br />SECTION 11 -WHO )S AN INSURED <br />1. If you are designated in the Declarations as: <br />a. An individual. you and your spouse are <br />insureds, but only with respect to the <br />conduct of a business of which you are <br />the sole owner. <br />b. A partnership or joint venture, you are <br />an insured. Your members, your part- <br />ners, and their spouses are also insureds, <br />but only with respect to the conduct of <br />your business_ <br />c. A limited liability company, you are an <br />insured Your members are also insureds, <br />but only with respect to the conduct of <br />your business. Your managers are in- <br />sureds. but only with respect to their <br />duties as your managers. <br />d. An organi2ation other than a partner- <br />ship, joint venture or limited liability com- <br />pany, you are an insured. Your "execu- <br />tive officers'" and directors are insureds. <br />but only with respect to their duties as <br />your officers or directors. Your stock- <br />holders are also insureds. but only with <br />respect to their liability as stockholders. <br />?.um.a =aom a?..e a .? s. o.n. n ..a ...m?aa,.,, <br />9$ZI'.?? ? Ed. 4-99 C.n.ngn.. i9s9 ?YUy9riu 'c ....?,. as...o«r. os'::'.e aa...:9 ... ..e ,....... n. <br />Page 8 of 7 7
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