Agmt24 Ocean Oyster (2107 Broadway)

Browse Search

f. Demonstration, installation, servicing or repair operations, except such operations performed at the vendors premises in connection with the sale of the product; g. Products which, after distribution or sale by you, have been labeled or relabeled or used as a container, part or ingredient of any thing or substance by or for the vendor. This insurance does not apply to any insured person or organization, from whom you have acquired such products, or any ingredient, part or container, entering into accompanying or containing such products. 6. Any person or organization to whom you are obligated by virtue of a written contract to provide insurance such as is afforded by this policy, but only with respect to liability arising out of the maintenance or use of that part of any premises leased to you, including common or public areas about such premises if so required in the contract. However, no such person or organization is an insured with respect to: a. Any `occurrence" that takes place after you cease to occupy those premises; or b. Structural alterations, new construction or demolition operations performed by or on behalf of such insured. 7. Any person or organization granting a license to make, or distribute "your products" including "your products" which use the name or logo of grantor and to whom you are obligated by virtue of the written contract to provide insurance such as afforded by this policy, but only with respect to liability arising out of "your products". SECTION III — LIMITS OF INSURANCE The following is added to Paragraph 2. of SECTION III — LIMITS OF INSURANCE: d. The General Aggregate Limit applies separately to each of your "locations". For the purpose of this provision only, "Location" means premises involving the same or connecting lots, or premises whose connection is interrupted only by a street, roadway, waterway or right-of-way of a railroad. Paragraph 6. is replaced with the following: 6. Subject to Paragraph 5. above, the Damage To Premises Rented To You Limit is replaced by a "Specific Perils" Limit which is the greater of: a. $300,000; or b. The amount shown in the DECLARATIONS for Damage To Premises Rented To You Limit. The "Specific Perils" limit is the most we will pay under COVERAGE A for damages because of "property damage" to any one premises, while rented to you or temporarily occupied by you with permission of the owner. However, provisions a. and b. above do not apply if any reference in the DECLARATIONS for Damage to Premises Rented to You is deleted from this policy either by the provisions of the Coverage Form or by endorsement. The following is added under SECTION III — LIMITS OF INSURANCE: 8. Product Recall Expense $100,000 is the most we will pay for all "product recall expenses" arising out of the same defect or deficiency. 9. Professional Services Subject to provisions in SECTION I — COVERAGES - COVERAGE A — BODILY INJURY AND PROPERTY DAMAGE LIABILITY — 2. Exclusions r. and COVERAGE B — PERSONAL AND ADVERTISING INJURY LIABILITY — 2. Exclusions q. the most we will pay for Professional Services is $50,000 each annual period. Page 4 of 6 Includes copyrighted material of Insurance Services Office, Inc., 33-0729 10 13 Used with permission ATTY/AGR.2024.213/Ocean Oyster (2107 Broadway) (Page 23 of 27)