Agmt25 Timber and Salt (881 Middlfield Road)

Browse Search

e. The coverage provided by this Additional Coverages does not apply to any loss payable under Employee Dishonesty Optional Coverage. f. The following definitions are added to Paragraph H. Definitions: (1) "Expenses" means: (a) Costs for notarizing affidavits or similar documents attesting to fraud required by financial institutions or similar credit grantors or credit agencies. (b) Costs for certified mail to law enforcement agencies, credit agencies, financial institutions or similar credit grantors. (c) Costs for obtaining credit reports. (d) Lost income resulting from time taken off work to complete fraud affidavits, meet with or talk to law enforcement agencies, credit agencies and/or legal counsel, up to a maximum payment of $250 per day. Total payment for lost income is not to exceed $10,000. (e) Loan application fees for reapplying for a loan or loans when the original application is rejected solely because the lender received incorrect credit information. (f) Reasonable attorney fees incurred as a result of "identity fraud" to: (i) Defend lawsuits brought against you by merchants, vendors, suppliers, financial institutions or their collection agencies; (ii) Remove any criminal or civil judgments wrongly entered against you; and (iii) Challenge the accuracy or completeness of any information in a consumer credit report. (g) Charges incurred for long distance telephone calls to merchants, vendors, suppliers, customers, law enforcement agencies, financial institutions or similar credit grantors, or credit agencies to report or discuss an actual "identity fraud". (2) "Identity fraud" means the act of knowingly transferring or using, without lawful authority, a means of identification of your business, as described in the Declarations, with the intent to commit, or to aid or abet another to commit, any unlawful activity that constitutes a violation of federal law or a felony under any applicable state or local law. g. With respect to the coverage provided by this endorsement, the Other Insurance Condition under Section III — Common Policy Conditions is replaced by the following: The coverage provided under this endorsement will be excess over any other insurance or agreement covering the same loss or damage, whether you can collect on it or not. But we will not pay more than the applicable limit of insurance provided under this endorsement. 16. Interruption Of Computer Operations The following Additional Coverage is added: The Interruption Of Computer Operations Limit of Insurance under Paragraph A.5.q.(3) is increased to $25,000 at each described premises. This Limit of Insurance is in addition to any other Limit of Insurance that may be provided by this policy for this coverage 17. Lease Loss Assessment The following Additional Coverage is added: If required in a written lease agreement, we will pay up to $2,500 in any one occurrence for your share of an assessment charged to all tenants by the building owner as a result of direct physical damage caused by or resulting from a Covered Cause of Loss to building property you occupy. 18. Leasehold Improvements The following Additional Coverage is added: We will pay for loss of Improvements and Betterments Leasehold Interest you sustain due to the cancellation of your lease. The cancellation must result from direct physical loss of or damage to property at the premises described in the Declarations caused by or resulting from a Covered Cause of Loss. 26-0115 10 10 Includes Copyrighted Material of the Insurance Services Office, Inc. Page 7 of 22 Used with permission ATTY/AGR.2025.234/Pacific Dining CA1, LLC (881 Middlefield Rd) (Page 26 of 47)