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PI-GLD-HS (10/11)
<br />organization is an insured only with respect to liability for "bodily injury,' "property damage" or
<br />"personal and advertising injury" caused, in whole or in part, by your maintenance, operation
<br />or use of equipment leased to you by such person or organization.
<br />A person's or organization's status as an additional insured under this endorsement ends
<br />when their contract or agreement with you for such leased equipment ends.
<br />With respect to the insurance afforded to these additional insureds, this insurance does not
<br />apply to any "occurrence" which takes place after the equipment lease expires.
<br />h. Grantors of Permits —Any state or political subdivision granting you a permit in connection
<br />with your premises subject to the following additional provision:
<br />(1) This insurance applies only with respect to the following hazards for which the state or
<br />political subdivision has issued a permit in connection with the premises you own, rent or
<br />control and to which this insurance applies:
<br />(a) The existence, maintenance, repair, construction, erection, or removal of advertising
<br />signs, awnings, canopies, cellar entrances, coal holes, driveways, manholes,
<br />marquees, hoist away openings, sidewalk vaults, street banners or decorations and
<br />similar exposures;
<br />(b) The construction, erection, or removal of elevators; or
<br />(c) The ownership, maintenance, or use of any elevators covered by this insurance.
<br />I. Vendors —Only with respect to "bodily injury" or "property damage" arising out of `your
<br />products" which are distributed or sold in the regular course of the vendor's business, subject
<br />to the following additional exclusions:
<br />(1) The insurance afforded the vendor does not apply to:
<br />(a) "Bodily injury" or "property damage" for which the vendor is obligated to pay
<br />damages by reason of the assumption of liability in a contract or agreement. This
<br />exclusion does not apply to liability for damages that the vendor would have in the
<br />absence of the contract or agreement;
<br />(b) Any express warranty unauthorized by you;
<br />(c) Any physical or chemical change in the product made intentionally by the vendor;
<br />(d) Repackaging, except when unpacked solely for the purpose of inspection,
<br />demonstration, testing, or the substitution of parts under instructions from the
<br />manufacturer, and then repackaged in the original container;
<br />(a) Any failure to make such inspections, adjustments, tests or servicing as the vendor
<br />has agreed to make or normally undertakes to make in the usual course of business,
<br />in connection with the distribution or sale of the products;
<br />(f) Demonstration, installation, servicing or repair operations, except such operations
<br />performed at the vendor's premises in connection with the sale of the product;
<br />Page 8 of 12
<br />Includes copyrighted material of Insurance Services Office, Inc., with its pei
<br />© 2011 Philadelphia Indemnity Insurance Company
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