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GENERAL53994
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GENERAL53994
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Entry Properties
Last modified
8/24/2016 8:39:22 PM
Creation date
11/23/2007 9:08:36 PM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
C1980004
IBM Index Class Name
General Documents
Doc Date
11/26/1991
Doc Name
Certificate of Insurance
From
MCGRIFF SEIBELS & WILLIAMS INC
To
MLRD
Permit Index Doc Type
INSURANCE
Media Type
D
Archive
No
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A <br />f EGI$ <br />17~ any person or organlzatlon, other than the NAMED INSURED, to such extent and for such <br />limits of Ilabllity (subJect always to the terms and Limits of Liability of this POLICY) as the <br />NAMED INSURED has agreed prior to an OCCURRENCE to provide Insurance for such person <br />or organlzatlon, except: <br />(a) any organlzatlon acquired or formed by the NAMED INSURED after the Inception of the <br />POLICY PERIOD; <br />(b) where such other person or organlzatlon has assumed the Ilabllity of the INSURED under <br />contract; or <br />(c) where such other person or organlzatlon Is engaged In a JOINT VENTURE with the <br />NAMED INSURED In which the NAMED INSURED Is not the operator or managing <br />partner; <br />(3) any officer, director or employee of the NAMED INSURED while acting within the scope of <br />his duties as such; <br />(4) If the NAMED INSURED Is a partnership, the partnership and any partner thereof but only <br />with respect to the partner's Ilabllity as a partner; <br />(5) any person, other than those described In (1) through (4) above, while using any automobile <br />with the permisslon of the NAMED INSURED, provided the use thereof Is wlthln the scope <br />of the permisslon granted. <br />(K) INSURED'S PRODUCTS: The term 'INSURED'S PRODUCTS' shall mean goods or products, Including <br />any container thereof (other than a vehicle), manufactured, sold, handled or distributed by en <br />INSURED or by any other person trading under Its name but 'INSURED'S PRODUCTS' shall not <br />Include: <br />(1) a vending machine or other property rented to or located for use of others but not sold; or <br />(7J gas, electricity or steam. <br />(U JOINT VENTURE: The term 'JOINT VENTURE' shall mean any Joint venture, co-venture, Joint <br />lease, Joint operating agreement or partnership. <br />(M) NAMED INSURED: The term 'NAMED INSURED' shall: <br />(1) mean the organization(s) named in Item 1 of the Declarations and any subsldlary company In <br />Ilne of corporate descent from such organization(s); <br />(7a be deemed to mean any organlzatlon acquired or formed by the 'NAMED INSURED' after the <br />inception of the POLICY PERIOD, other than a partnership or JOINT VENTURE, In which the <br />'NAMED INSURED' has a majority Interest and where the newly acquired or formed <br />organlzatlon does not have other similar Insurance; but only If the 'NAMED INSURED' shall <br />report such acqulsitlon of formation wlthln sixty (60) days thereafter, and If so reported, <br />such newly acquired or formed organizations shall ba deemed to ba a 'NAMED INSURED' <br />from the date of Its acqulsitlon or formation, but only with respect to BODILY INJURY or <br />PROPERTY DAMAGE which occurs or acts pusing PERSONAL 1NJURY which are committed <br />during that part of the COVERAGE PERIOD which Is subsequent to such acqulsitlon or <br />formation. An addltlonal premium and other terms may be required by the COMPANY with <br />respect to such newly acquired or formed organizations; end <br />13I be deemed to mean any subsldlary company In Ilne of corporate descent from the <br />organlzatlon named In Item 1 of the Declarations which has been or may be acquired by or <br />merged with an entity (other than any NAMED INSURED) prior to or after the Inception of <br />the POLICY PERIOD, but only with respect to BODILY INJURY or PROPERTY DAMAGE which <br />occurs or acts causing PERSONAL INJURY which are committed during that part of the <br />COVERAGE PERIOD which Is prior to such acqulsitlon or merger. An addltlonal premium and <br />other terms may be required by the COMPANY with respect to such acquired or merged <br />subsldlary company. <br />emo cveo) [5 of 15l <br />
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