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Definitions WREN USED WITH RESPECT TO INSURANCE UNDER THIS CONTRACT, WORDS <br />(continued) AND PHRASES THAT APPEAR IN BOLD PRINT HAVE THE SPECIAL MEANINGS <br />DESCRIBED BELOW: <br />Impaired Property Impaired property means tangible property, other than your product or your work, that cannot <br />be used or is less useful because: <br />1t incorporates your product or your work that is known or thought to be defective, <br />deficient, inadequate or dangerous; or <br />Q you have failed to fulfill the terms or conditions of a contract or agreement; <br />if suchproperty can be restored to use by: <br />y the repair, replacement, adjastment or removal of your product or your work; or <br />your fulfilling the terins or conditions of the contract or agreement, <br />Insured Insured means aperson or an organization qualifying as an hmrkd in. the Who Is Aninsured <br />section of this contract. <br />insured Contract Insurod contract: <br />A. means: <br />1, a lease of premises: <br />2, a sidetrack agreement; <br />3. an easement or license agreement; <br />4, an obligation, as required by ordinance, to indemnify a municipality; except in <br />connection with work for a municipality: <br />i, an elevator maintenance agreement; or <br />6. any other contract or agreement pertaining to your business (including an <br />indemnification of.a municipality in connection with work performed for such <br />municipality) in which you assume the tort liability of another person or organization <br />to pay damages, to which this insurance applies, sustained by a thud person or <br />organization;. <br />B, does not include that part of any wtitraetor agreement thut indemnities an architect, <br />engineer or surveyor for damages arising out of; <br />1. preparing, approving or fa ling to prepare or approve maps, drawings, opinions, <br />reports, surveys, field orders, change orders, designs or specifications; or <br />2. giving directions or instructions, or failing to give them. <br />L1ablW Maurance <br />Form 80-02-2000(Rev. 4-01) Contract <br />c <br />� v� RlekMana�eemmtfDlWs[an <br />3� REVIEWED&APPROVED HV <br />I` <br />�c <br />Z <br />� Risk Management Analyst <br />