Agmt26 Teriyaki Madness (875 Middlefield Road)

Browse Search

course of transit or at a premises you do not own, lease or operate. The most we will pay for loss or damage under this Extension is $50,000. 32. Pollutant Clean Up and Removal Section I. A. 5. h. Pollutant Clean Up and Removal Limit is deleted and replaced by the following We will pay your expense to extract "pollutants" from land or water at the described premises if the discharge, dispersal, seepage, migration, release or escape of the "pollutants" is caused by or results from a Covered Cause of Loss that occurs during the policy period. The expenses will be paid only if they are reported to us in writing within 180 days of the date on which the Covered Cause of Loss occurs. This Additional Coverage does not apply to costs to test for, monitor or assess the existence, concentration or effects of "pollutants". But we will pay for testing which is performed in the course of extracting the "pollutants" from the land or water. The most we will pay for each location under this Additional Coverage is $50,000 for the sum of all such expenses arising out of Covered Causes of Loss occurring during each separate 12 month period of this policy. 33. Salespersons' Samples The following is added to the Additional Coverages section: We will pay up to $1,000 in any one occurrence as an additional Limit of Insurance to extend Business Personal Property to cover: a. Samples of your stock in trade (including containers); and b. Similar property of others; but only while such property is in: (1) Your custody while acting as a sales representative; or (2) In the custody of your sales representative or agents. 34. Spoilage The following is added to the Additional Coverages section: a. We will pay for direct physical loss of or damage to "perishable stock" caused by or resulting from: (1) A change in temperature or humidity resulting from failure of refrigeration, cooling or humidity control apparatus or equipment located within the described premises; (2) Contamination by a refrigerant; or (3) Power outage, meaning change in temperature or humidity resulting from complete or partial interruption of electrical power, either on or off the described premises, and due to conditions or events beyond your control. b. We will not pay for direct physical loss of or damage to "perishable stock" located: (1) In the open; or (2) In any vehicle. c. Valuation For purposes of this Additional Coverage, Paragraph E.S. Loss Payment Item d. is deleted and replaced by the following: d. We will determine the value of finished "perishable stock" in the event of loss or damage at: (1) The selling price, as if no loss or damage had occurred; (2) Less discounts and expenses you otherwise would have had. d. Exclusions (1) Of the Exclusions contained in Paragraph B.1. in Section I - Property, only the following apply to this Additional Coverage: (a) Earth Movement; (b) Governmental Action; BP990102 0522 Includes Copyrighted Material of the Insurance Services Office, Inc. Page 15 of 24 Used with permission ATTY/AGR.2026.027/Azasa Inc. (875 Middlefield Rd) (Page 32 of 51)