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THE LIBRARY CORPORATION
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Last modified
6/13/2018 4:40:31 PM
Creation date
6/23/2017 4:02:38 PM
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Contracts
Company Name
THE LIBRARY CORPORATION
Contract #
A-2017-139
Agency
Parks, Recreation, & Community Services
Council Approval Date
6/6/2017
Expiration Date
6/17/2020
Insurance Exp Date
5/8/2019
Destruction Year
0
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5. To any: <br />(a) Lessor of equipment after the equipment lease terminates or expires; or <br />(b) Owners or other interests from whom land has been leased; or <br />(c) Managers or lessors of premises if: <br />(1) The'bccurrence"takes place after you cease to be a tenant in that premises; or <br />(2) The'bodiy injury', 'Woperty damage", '*rsonal and advertising injury" arises out of structural <br />alterations, new construction or demolition operations performed by or on behalf of the manager <br />or lessor. <br />c. Limits of Insurance applicable to the additional insured are those specified in the contract, agreement or <br />permit or in the Declarations of this policy, whichever is less, and fix the most we will pay regardless of the <br />number of: <br />1. Insureds; <br />2. Claims made or "suits" brought; or <br />3. Persons or organizations making claims or bringing "suits". <br />These Limits of Insurance are inclusive of and not in addition to the Limits of Insurance shown in the <br />Declarations. <br />3. AGGREGATE LIMIT PER LOCATION <br />a. Under Section III —Limits of Insurance, the General Aggregate Limit applies separately to each of your <br />'locatiorW' owned by or rented or leased to you. <br />b. Under Section V— Definitions, the following definition is added: <br />'Location" means premises involving the same or connecting lots, or premises whose connection is <br />interrupted only by a street, roadway, waterway or right-of-way of a railroad. <br />4. BLANKET WAIVER OF SUBROGATION <br />Section IV - Transfer of Rights of Recovery Against Others to Us Condition is amended to add the <br />following: <br />We will waive any right of recovery we may have against any person or organization because of payments we <br />make for injury or damage arising out of your ongoing operations done under a written contract or agreement with <br />that person or organtzation and included kr'yourwork"or the'productscompleted operations hazard". This <br />waiver applies only to persons or organizations with whom you have a written contract, executed prior to the <br />'bodily injury' or'property damage", that requires you to waive your rights of recovery. <br />5. BODILY INJURY REDEFINED —MENTAL ANGUISH <br />Under Section V, the definition of 'bodily injury" is replaced by the following: <br />'Bodily injury" means bodily injury, sickness, or disease sustained by a person, including mental anguish or <br />death resulting from any of these at any time. <br />6. BROADENED NAMED INSURED <br />Section II - Who Is An Insured is amended to include as an insured the following: <br />Any organization which is a legally incorporated entity in which you own a financial interest of more <br />percent of the voting stock on the effective date of this endorsement will be a Named Insured un 9 <br />day or the end of the policy period, whichever comes first, provided there is no other similaeiQ�+ r <br />available to that organization. <br />The insurance afforded herein does not apply to any entity which is also an insured under another <br />would be an insured under such policy but for its termination or the exhaustion of its limits of i 7�� <br />\P(,� <br />1.40 <br />Q� <br />VCG 207 11 13 Includes copyrighted material of Insurance services Office, Inc. Page 3 of B <br />Copyright, OneBeacon Insurance Group LLC <br />
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