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IPS GROUP, INC. 2-2014
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IPS GROUP, INC. 2-2014
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Last modified
1/18/2018 3:40:20 PM
Creation date
6/12/2014 5:01:16 PM
Metadata
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Contracts
Company Name
IPS GROUP, INC.
Contract #
A-2014-119
Agency
Finance & Management Services
Council Approval Date
5/20/2014
Expiration Date
5/19/2019
Insurance Exp Date
3/19/2018
Destruction Year
2024
Notes
Per email from Susan Gorospe, in 2014, Finance took over parking fund from from CDA. Email copy in file.
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or for such additional insured. <br />f. Owners/Other Interests - Land is Leased <br />An owner or other interest from whom land has been <br />leased by you but only with respect to liability arising out <br />of the ownership, maintenance or use of that specific part <br />of the land leased to you and subject to the following <br />additional exclusions: <br />This insurance does not apply to: <br />(1) Any "occurrence" which takes place after you cease <br />to lease that land; or <br />(2) Structural alterations, new construction or demolition <br />operations performed by or on behalf of such <br />additional insured. <br />g. Co-owner of Insured Premises <br />A co-owner of a premises co -owned by you and covered <br />under this insurance but only with respect to the co- <br />owners liability as co-owner of such premises. <br />h. Lessor of Equipment <br />Any person or organization from whom you lease <br />equipment. Such person or organization are insureds <br />only with respect to their liability arising out of the <br />maintenance, operation or use by you of equipment <br />leased to you by such person or organization. A person's <br />or organization's status as an insured under this <br />endorsement ends when their written contract or <br />agreement with you for such leased equipment ends. <br />With respect to the insurance afforded these additional <br />insureds, the following additional exclusions apply: <br />This insurance does not apply: <br />(1) To any "occurrence" which takes place after the <br />equipment lease expires; or <br />(2) To "bodily injury," "property damage," or "personal <br />and advertising injury' arising out of the sole <br />negligence of such additional insured. <br />B. The last paragraph of Section II - Who Is An Insured is <br />deleted and replaced by the following: <br />Except as provided in 4. above, no person or <br />organization is an insured with respect to the conduct of <br />any current or past partnership, joint venture or limited <br />liability company that is not shown as a Named Insured <br />in the Declarations. <br />5. PARTNERSHIP OR JOINT VENTURES <br />Paragraph 1.b. of Section 11 - Who Is An Insured is <br />Miscellaneous Attachment: M495240 <br />Master ID: 1377909, Certificate ID: 12892512 <br />4. Other Insurance <br />�. Excess Insurance <br />This insurance is excess over: <br />Any other insurance naming the additional insured as an <br />insured whether primary, excess, contingent or on any <br />other basis unless a written contract or agreement <br />specifically requires that this insurance be either primary <br />or primary and noncontributing. Where required by <br />written contract or agreement, we will consider any other <br />insurance maintained by the additional insured for injury <br />or damage covered by this endorsement to be excess <br />and noncontributing with this insurance. <br />3. NEWLY FORMED OR ACQUIRED ORGANIZATIONS <br />Paragraph 3.a. of Section II - Who Is An Insured is <br />deleted and replaced by the following: <br />Coverage under this provision is afforded only until the <br />end of the policy period or the next anniversary of this <br />policy's effective date after you acquire or form the <br />organization. whichever is earlier. <br />4. JOINT VENTURES/ PARTNERSHIP/ LIMITED <br />LIABILITY COMPANY COVERAGE <br />A. The following is added to Section II - Who Is An <br />Insured: <br />4. You are an insured when you had an interest in a <br />joint venture, partnership or limited liability company <br />which terminated or ended prior to or during this <br />policy period but only to the extent of your interest in <br />such joint venture, partnership or limited liability <br />company. This coverage does not apply: <br />a. Prior to the termination date of any joint venture, <br />partnership or limited liability company; or <br />b. If there is other valid and collectible insurance <br />purchased specifically to insure the partnership, joint <br />venture or limited liability company. <br />h. Discrimination or humiliation that results in injury to the <br />feelings or reputation of a natural person, but only if such <br />discrimination or humiliation is: <br />(1) Not done intentionally by or at the direction of: <br />(a) The insured; or <br />(b) Any "executive officer,' director, stockholder, partner, <br />member or manager (if you are a limited liability <br />company) of the insured; and <br />
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