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Commercial General Liability <br />CG 00 01 12 07 <br />c. Any person or organization having proper temporary custody of your property if you die, but only: <br />(1) With respect to liability arising out of the maintenance or use of that property; and <br />(2) Until your legal representative has been appointed. <br />d. Your legal representative if you die, but only with respect to duties as such. That representative will have all <br />your rights and duties under this Coverage Part. <br />3. Any organization you newly acquire or form, other than a partnership, joint venture or limited liability company, <br />and over which you maintain ownership or majority interest, will qualify as a Named Insured if there is no other <br />similar insurance available to that organization. However: <br />a. Coverage under this provision is afforded only until the 90th day after you acquire or form the organization or <br />the end of the policy period, whichever is earlier; <br />b. Coverage A does not apply to "bodily injury" or "property damage" that occurred before you acquired or <br />formed the organization; and <br />c. Coverage B does not apply to "personal and advertising injury" arising out of an offense committed before <br />you acquired or formed the organization. <br />No person or organization is an insured with respect to the conduct of any current or past partnership, joint venture <br />or limited liability company that is not shown as a Named Insured in the Declarations. <br />SECTION III — LIMITS OF INSURANCE <br />1. The Limits of Insurance shown in the Declarations and the rules below fix the most we will pay regardless of the <br />number of: <br />a.lnsureds; <br />b. Claims made or "suits" brought; or <br />c. Persons or organizations making claims or bringing "suits". <br />2. The General Aggregate Limit is the most we will pay for the sum of: <br />a. Medical expenses under Coverage C; <br />b. Damages under Coverage A, except damages because of "bodily injury" or "property damage" included in the <br />"products -completed operations hazard"; and <br />c. Damages under Coverage B. <br />3. The Products -Completed Operations Aggregate Limit is the most we will pay under Coverage A for damages <br />because of "bodily injury" and "property damage" included in the "products -completed operations hazard". <br />4. Subject to Paragraph 2. above, the Personal and Advertising Injury Limit is the most we will pay under Coverage <br />B for the sum of all damages because of all "personal and advertising injury" sustained by any one person or <br />organization. <br />5. Subject to Paragraph 2. or 3. above, whichever applies, the Each Occurrence Limit is the most we will pay for the <br />sum of: <br />a. Damages under Coverage A; and <br />b. Medical expenses under Coverage C <br />because of all "bodily injury" and "property damage" arising out of any one "occurrence". <br />6. Subject to Paragraph 5. above, the Damage To Premises Rented To You Limit is the most we will pay under <br />Coverage A for damages because of "property damage" to any one premises, while rented to you, or in the case of <br />damage by fire, while rented to you or temporarily occupied by you with permission of the owner. <br />7. Subject to Paragraph 5. above, the Medical Expense Limit is the most we will pay under Coverage C for all <br />medical expenses because of "bodily injury" sustained by any one person. <br />The Limits of Insurance of this Coverage Part apply separately to each consecutive annual period and to any <br />remaining period of less than 12 months, starting with the beginning of the policy period shown in the Declarations, <br />unless the policy period is extended after issuance for an additional period of less than 12 months. In that case, the <br />additional period will be deemed part of the last preceding period for purposes of determining the Limits of <br />Insurance. <br />SECTION IV — COMMERCIAL GENERAL LIABILITY CONDITIONS <br />1. Bankruptcy <br />CG 00 01 12 07 © ISO Properties, Inc. , 2000 <br />aay <br />R�v\e�e <br />pRG�GI Pdge 10 of 16 <br />