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Paragraph 6, is replaced with the following: <br />6. Subject to 5. above, the Fire Damage Limit is the most we will pay under Coverage A for damages <br />because of "property damage" to premises while rented to you, temporarily occupied by you with <br />permission of the owner, or managed by you under a written agreement with the owner, arising out of <br />any one fire, explosion or sprinkler leakage incident. <br />The Fire Damage Limit provided by this policy shall be the greater of: <br />a. $500,000. or <br />b. The amount shown in the Declarations. <br />SECTION IV - COMMERCIAL GENERAL LIABILITY CONDITIONS <br />Item 2. a, is replaced with: <br />2. Duties In The Event of Occurrence, Offense, Claim or Suit <br />a. You must promptly notify us. Your duty to promptly notify us is effective when any of your executive <br />officers, partners, members, or legal representatives is aware of the "occurrence", offense, claim, or <br />"suit". Knowledge of an "occurrence", offense, claim or "suit" by other employee(s) does not imply <br />you also have such knowledge. To the extent possible, notice to us should include: <br />1) How, when and where the "occurrence" or offense took place; <br />2) The names and addresses of any injured persons and witnesses; and <br />3) The nature and location of any injury or damage arising out of the "occurrence", offense, claim <br />or "suit". <br />Item 4. b. 1) b) is replaced with: <br />b. Excess Insurance <br />1) b) That is Fire, Explosion or Sprinkler Leakage insurance for premises while rented to you, <br />temporarily occupied by you with permission of the owner, or managed by you under a <br />written agreement with the owner; or <br />Item 6. is amended to include: <br />6. Representations <br />d. If you unintentionally fail to disclose any hazards existing at the inception date of your policy, we will <br />not deny coverage under this Coverage Part because of such failure. However, this provision does <br />not affect our right to collect additional premium or exercise our right of cancellation or non-renewal. <br />Item 8. is replaced with: <br />8. Transfer of Rights Of Recovery Against Others To Us <br />a. If the insured has rights to recover all or part of any payment we have made under this Coverage <br />Part, those rights are transferred to us. The insured must do nothing after loss to impair them. At <br />our request, the insured will bring suit or transfer those rights to us and help us enforce them. <br />APPROVED AS FORM <br />GECG 602 (09/04) Includes copyrighted material of Insurance Services Offices Inc. with its permission Latfte4t4f Sheed}' <br />Assistant City Attoricy