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HAZ RENTAL CENTER, LLC.
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HAZ RENTAL CENTER, LLC.
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Last modified
6/17/2022 8:33:32 AM
Creation date
6/15/2022 9:51:11 AM
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Contracts
Company Name
HAZ RENTAL CENTER, LLC.
Contract #
N-2022-172
Agency
Parks, Recreation, & Community Services
Expiration Date
12/31/2022
Insurance Exp Date
2/10/2023
Destruction Year
2027
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<br /> b. Alterations And New Buildings However, Extended Business Income <br />does not apply to loss of Business <br />We will pay for the actual loss of Business <br />Income incurred as a result of <br />Income you sustain and necessary Extra <br />unfavorable business conditions caused <br />Expense you incur due to direct physical <br />by the impact of the Covered Cause of <br />loss or damage at the described premises <br />Loss in the area where the described <br />caused by or resulting from any Covered <br />premises are located. <br />Cause of Loss to: <br />Loss of Business Income must be <br /> (1) New buildings or structures, whether <br />caused by direct physical loss or <br />complete or under construction; <br />damage at the described premises <br /> (2) Alterations or additions to existing <br />caused by or resulting from any Covered <br />buildings or structures; and <br />Cause of Loss. <br /> (3) Machinery, equipment, supplies or <br /> (2) "Rental Value" <br />building materials located on or within <br />If the necessary "suspension" of your <br />100 feet of the described premises and: <br />"operations" produces a "Rental Value" <br /> (a) Used in the construction, alterations <br />loss payable under this policy, we will <br />or additions; or <br />pay for the actual loss of "Rental Value" <br />you incur during the period that: <br /> (b) Incidental to the occupancy of new <br />buildings. <br /> (a) Begins on the date property is <br />actually repaired, rebuilt or replaced <br />If such direct physical loss or damage <br />and tenantability is restored; and <br />delays the start of "operations", the "period <br />of restoration" for Business Income <br /> (b) Ends on the earlier of: <br />Coverage will begin on the date <br /> (i) The date you could restore tenant <br />"operations" would have begun if the direct <br />occupancy, with reasonable <br />physical loss or damage had not occurred. <br />speed, to the level which would <br /> c. Extended Business Income <br />generate the "Rental Value" that <br />would have existed if no direct <br /> (1) Business Income Other Than "Rental <br />physical loss or damage had <br />Value" <br />occurred; or <br />If the necessary "suspension" of your <br /> (ii) 60 consecutive days after the <br />"operations" produces a Business <br />date determined in (2)(a) above. <br />Income loss payable under this policy, <br />we will pay for the actual loss of <br />However, Extended Business Income <br />Business Income you incur during the <br />does not apply to loss of "Rental Value" <br />period that: <br />incurred as a result of unfavorable <br />business conditions caused by the <br /> (a) Begins on the date property (except <br />impact of the Covered Cause of Loss in <br />"finished stock") is actually repaired, <br />the area where the described premises <br />rebuilt or replaced and "operations" <br />are located. <br />are resumed; and <br />Loss of "Rental Value" must be caused <br /> (b) Ends on the earlier of: <br />by direct physical loss or damage at the <br /> (i) The date you could restore your <br />described premises caused by or <br />"operations", with reasonable <br />resulting from any Covered Cause of <br />speed, to the level which would <br />Loss. <br />generate the business income <br /> d. Interruption Of Computer Operations <br />amount that would have existed if <br />no direct physical loss or damage <br /> (1) Under this Additional Coverage, <br />had occurred; or <br />electronic data has the meaning <br />described under Additional Limitation – <br /> (ii) 60 consecutive days after the <br />Interruption Of Computer Operations. <br />date determined in (1)(a) above. <br />CP 00 30 10 12 © Insurance Services Office, Inc.,2011 Page 3of 9 <br /> <br /> <br />
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