Agmt25 Timber and Salt (881 Middlfield Road)

Browse Search

(b) Less discounts and expenses you otherwise would have had. (3) Exclusions Paragraph B. Exclusions in Section I — Property is replaced by the following: (a) Of the Exclusions contained in Paragraph 13.1. in Section I — Property, only the following apply to Spoilage Coverage: b. Earth Movement; c. Governmental Action; d. Nuclear Hazard; f. War And Military Action; and g. Water. (b) We will not pay for loss or damage caused by or resulting from: (i) The disconnection of any refrigerating, cooling or humidity control system from the source of power. (ii) The deactivation of electrical power caused by the manipulation of any switch or other device used to control the flow of electrical power or current. (iii) The inability of an electrical utility company or other power source to provide sufficient power due to: i. Lack of fuel; or ii. Governmental order. (iv) The inability of a power source at the described premises to provide sufficient power due to lack of generating capacity to meet demand. (v) Breaking of any glass that is a permanent part of any refrigerating, cooling or humidity control unit. (4) Deductible Paragraph D. Deductibles is replaced by the following: We will not pay for loss or damage in any one occurrence until the amount of loss or damage exceeds $250, unless a different deductible is stated in the policy for Spoilage Coverage. We will then pay the amount of loss or damage in excess of that Deductible, up to the applicable Limit of Insurance. (5) Definitions The following is added to Paragraph H. Property Definitions: "Perishable stock" means property: (a) Maintained under controlled temperature or humidity conditions for preservation; and (b) Susceptible to loss or damage if the controlled temperature or humidity conditions change. (6) Property Not Covered The following is added to Paragraph A.2. Property Not Covered: k. Property located: (1) On buildings; (2) In the open; or (3) In vehicles. (7) Paragraph A.3. Covered Causes of Loss does not apply. (8) Paragraph A.6. Coverage Extensions does not apply. (9) Paragraph G. Optional Coverages does not apply. f. Valuable Papers and Records Page 2 of 22 Includes Copyrighted Material of the Insurance Services Office, Inc. 26-0115 10 10 Used with permission ATTY/AGR.2025.234/Pacific Dining CA1, LLC (881 Middlefield Rd) (Page 21 of 47)