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Agmt25 A Pe Pe, Inc. (2616 Broadway)
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Agmt25 A Pe Pe, Inc. (2616 Broadway)
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Last modified
8/28/2025 1:23:29 PM
Creation date
8/28/2025 1:22:22 PM
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Agreement
PROJECT NAME
Outdoor Business Activity License Agreement
RMP File Number
304.5
Date
8/13/2025
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3. The most we will pay for loss in any one occurrence under this Additional Coverage is <br />$2,500 at each Described Premises. Our payment for loss of or damage to personal property of <br />others will only be for the account of the owner of the property. The amount payable under this <br />Additional Coverage is additional insurance over the insurance available for Business Personal <br />Property. <br />4. The value of fine arts will be the least of the following amounts: <br />a. The actual cash value of that property at the time of loss; <br />b. The cost of reasonably restoring that property to its condition immediately before loss; or <br />c. The cost of replacing that property with substantially identical property. <br />5. In the event of loss, the value of property will be determined as of the time of loss. <br />The following are added to Paragraph E. Property Loss Conditions under Section I — Property: <br />1. In case of loss to any part of a pair or set we will: <br />a. Repair or replace any part to restore the pair or set to its value before the loss; or <br />b. Pay the difference between the value of the pair or set before and after the loss. <br />2. You must arrange for fine arts to be packed and unpacked by competent packers. <br />XII. Fire Department Service Charge <br />First paragraph of Part A.S.c. (Section I — Property) is replaced with: <br />When the fire department is called to save or protect Covered Property from a Covered Cause of <br />Loss, we will pay up to $5,000, unless a different limit is shown in the Declarations, for your liability <br />for fire department service charges: <br />XIII. Fire Extinguisher Systems Recharge Expense Coverage <br />Part A.S.o (3) (Section I — Property) is replaced with: <br />The most we will pay under this Additional Coverage is $10,000 in any one occurrence unless a <br />higher Limit Of Insurance is shown in the Declarations. <br />XIV. Food Contamination <br />The following Additional Coverage is added to Part A.S. (Section I — Property): <br />Food Contamination <br />(1) If your business at the Described Premises is ordered closed by the Board of Health or any other <br />governmental authority as a result of the discovery or suspicion of "food contamination", we <br />will pay: <br />(a) Your expense to clean your equipment as required by the Board of Health or any other <br />governmental authority <br />(b) Your expense to replace food for which is, or is suspected to be, contaminated; <br />(c) Your expense to provide necessary medical tests or vaccinations for your infected <br />employees. However, we will not pay for any expense that is otherwise covered under a <br />Workers' Compensation Policy; <br />(d) The loss of Business Income you sustain due to necessary suspension of your "operations". <br />The coverage for Business Income will begin 24 hours after you receive notice of closing <br />from the Board of Health or any other governmental authority; and <br />(e) Additional advertising expenses you incur to restore your reputation <br />(2) The most we will pay for all loss in any one occurrence under Paragraphs (1)(a) through (1)(e) <br />above, including Business Income, is $10,000 unless a higher Food Contamination Limit Of <br />Insurance is shown in the Declarations. <br />MC BOP RES BROADEND 07 19 <br />ATTY/AGR.2025.207/A Pa Pe, Inc. (2616 Broadway) (Page 25 of 55) <br />Page 6 of 17 <br />
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