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F.M. THOMAS AIR CONDITIONING, INC.
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Last modified
4/5/2023 8:20:59 AM
Creation date
3/26/2021 11:29:33 AM
Metadata
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Contracts
Company Name
F.M. THOMAS AIR CONDITIONING, INC.
Contract #
v
Agency
Public Works
Council Approval Date
3/16/2021
Expiration Date
3/31/2024
Destruction Year
2029
Notes
For Insurance Exp. Date see Notice of Compliance
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CNA CNA PARAMOUNT <br />Contractors' General Liability Extension Endorsement <br />b. by reason of a Named Insured creating or acquiring the organization during the policy period, <br />qualifies as a Named Insured, provided that there is no other similar liability insurance, whether primary, <br />contributory, excess, contingent or otherwise, which provides coverage to such organization, or which would have <br />provided coverage but for the exhaustion of its limit, and without regard to whether its coverage is broader or <br />narrower than that provided by this insurance. <br />But this BROAD NAMED INSURED provision does not apply to: <br />(a) any partnership, limited liability company or joint venture; or <br />(b) any organization for which coverage is excluded by another endorsement attached to this Coverage Part. <br />For the purpose of this provision, management control means: <br />A. owning interests representing more than 50% of the voting, appointment or designation power for the <br />selection of a majority of the Board of Directors of a corporation; or <br />B. having the right, pursuant to a written trust agreement, to protect, control the use of, encumber or transfer or <br />sell property held by a trust. <br />4. With respect to organizations which qualify as Named Insureds by virtue of Paragraph 3. above, this insurance <br />does not apply to: <br />a. bodily injury or property damage that first occurred prior to the date of management control, or that first <br />occurs after management control ceases; nor <br />b. personal or advertising injury caused by an offense that first occurred prior to the date of management <br />control or that first occurs after management control ceases. <br />6. The insurance provided by this Coverage Part applies to Named Insureds when trading under their own names <br />or under such other trading names or doing -business -as names (dba) as any Named Insured should choose to <br />employ. <br />6. BROADENED LIABILITY COVERAGE FOR DAMAGE TO YOUR PRODUCT AND YOUR WORK <br />A. Under COVERAGES, Coverage A — Bodily Injury and Property Damage Liability, the paragraph entitled <br />Exclusions is amended to delete exclusions k. and I. and replace them with the following: <br />m This insurance does not apply to: <br />N <br />N <br />r <br />k. Damage to Your Product <br />0 <br />0 <br />Property damage to your product arising out of it, or any part of it except when caused by or resulting from: <br />0 <br />(1) fire; <br />(2) smoke; <br />(3) collapse; or <br />(4) explosion. <br />I. Damage to Your Work <br />Property damage to your work arising out of it, or any part of it and included in the products -completed <br />operations hazard. <br />This exclusion does not apply: <br />(1) If the damaged work, or the work out of which the damage arises, was performed on the Named <br />Insured's behalf by a subcontractor; or <br />CNA74705XX (1-15) <br />Poli <br />Page 5 of 17 <br />EndorsernE <br />�cF <br />Risk ManagemerdDi Sinn <br />VALLEY FORGE INSURANCE COMPANY <br />EffectivE <br />RE�AEwED&APPROVED SY: <br />Insured Name: F M THOMAS AIR CONDITIONING <br />INC <br />Copyright CNA All Rights Reserved. <br />Includes copyrighted material of Insurance Services Office, Inc., with its <br />Is <br />_� <br />Risk K4anagement Analyst <br />
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