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C *S 1 *02/2011 7*P A C46 14 128-03*485927922 *D119* ORIG IMAGE COPY <br />0253563 GREAT AMERlCAN INS CO OF NY <br />b. the loss is covered by any other insurance you have or by any insurance of such person <br />who causes such loss. <br />These payments will not reduce the Limits of Insurance. <br />O. Additional Insured - Manager or Lessor of Premises <br />I. SECTION 11 - WHO IS AN INSURED is amended to, include as an additional insured any person <br />or organization from whom you lease or rent property and which requires you to add such <br />person or, organization as an additional insured on this Policy under: <br />(a) a written contract; or <br />(b) an oral agreement or contract where a Certificate of Insurance showing that person or <br />organization as an additional insured has been issued: <br />but the written or oral contract or agreement must be an "insured contract," and, <br />(i) currently in effect or become effective during the term of this Policy; and <br />(ii) executed prior to the "bodily injury," "property damage," "personal and advertising injury."® <br />2. With respect to the insurance afforded to the Additional Insured identified in paragraph 1, <br />above, the following additional provisions apply: <br />(a) This insurance applies only with respect to the liability arising out of the ownership, <br />maintenance or use of that part of the premises [eased to you. <br />(b) The Limits of insurance applicable to the Additional Insured are the lesser of those <br />specified in the written contract or agreement or in the Declarations for this Policy and <br />subject to all the terms, conditions and exclusions for this Policy. The Limits of Insurance <br />applicable to the Additional Insured are inclusive of and not in addition to the Limits of <br />Insurance shown in the Declarations. <br />(c) In no event shall the coverages or Limits of Insurance in this Coverage Form be increased <br />by such contract. <br />(d) Coverage provided herein is excess over any other valid and collectible insurance available <br />to the Additional Insured whether the other insurance is primary, excess, contingent or on <br />any, other basis unless a written contractual arrangement specifically requires, this insurance <br />to be primary. <br />(e) This insurance applies only to the extent permitted by law, <br />3. This insurance does not apply to: <br />(a) Any "occurrence" or offense which takes placeafter you cease to be a tenant in that <br />premises. <br />(b) Structural alterations, new construction or demolition operations performed by or on behalf <br />of the Additional Insured. <br />P. Additional Insured - Funding Sources <br />I.,SECTION Il - WHO IS AN INSURED is amended to include as an additional insured any Funding <br />,,,)Source which requires you in a written contract to name the Funding Source as an additional <br />insured but only with respect to liability arising out of: <br />CG 89 70 (Ed. 11/14) <br />(Page 7 of 12) <br />