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property (including <br />merchandise or "stock") at <br />the described premises or <br />elsewhere. <br />(iv) If you do not resume <br />"operations", or do not <br />resume "operations" as <br />quickly as possible, we will <br />pay based on the length of <br />time it would have taken to <br />resume "operations" as <br />quickly as possible. <br />This Additional Coverage is not subject <br />to SECTION I - PROPERTY, C. Limits of <br />Insurance. <br />g. Extra Expense <br />When Business Income Coverage is <br />provided under this Coverage Form: <br />(1) We will pay the necessary Extra <br />Expense you incur during the <br />"period of restoration" that you <br />would not have incurred if there <br />had been no direct physical loss or <br />damage to property at the <br />described premises. The loss or <br />damage must be caused by or <br />result from a Covered Cause of <br />Loss. With respect to loss of or <br />damage to personal property in the <br />open or personal property in a <br />vehicle, the described premises <br />include the area within 1,000 feet of <br />such premises. <br />With respect to the requirements <br />set forth in the preceding <br />paragraph, if you occupy only part <br />of a building, your premises mean: <br />(a) The portion of the building <br />which you rent, lease or <br />occupy; <br />(b) The area within 1,000 feet of <br />the building or within 1,000 feet <br />of the premises described in <br />the Declarations, whichever <br />distance is greater (with <br />respect to loss of or damage to <br />personal property in the open <br />or personal property in a <br />vehicle); and <br />(c) Any area within the building or <br />at the described premises, if <br />that area services, or is used to <br />gain access to, the portion of <br />the building which you rent, <br />lease or occupy. <br />(2) Extra Expense means expense <br />incurred: <br />to continue "operations": <br />(i) At the described premises; <br />or <br />(it) At replacement premises or <br />at temporary locations, <br />including relocation <br />expenses, and costs to <br />equip and operate the <br />replacement or temporary <br />locations. <br />(b) To minimize the "suspension" of <br />business if ou cannot continue <br />"operations' . <br />(c) To: <br />(1) Repair or replace any <br />property; or <br />(it) Research, replace or <br />restore the lost information <br />on damaged "valuable <br />papers and records" <br />to the extent it reduces the <br />amount of loss that otherwise <br />would have been payable under <br />this Additional Coverage or <br />SECTION 1 - PROPERTY, A. <br />Coverage, 5. Additional <br />Coverage, f. Business Income. <br />With regard to paragraph (i) <br />above, we will pay only for <br />those expenses necessary to <br />expedite the repair or <br />replacement of the property. <br />Under this provision we will not <br />pay for any portion of the <br />ordinary and expected cost to <br />actually repair or replace <br />property. <br />(3) We will only pay for Extra Expense <br />that occurs within 12 consecutive <br />months beginning immediately after <br />the date of direct physical loss or <br />damage. <br />(4) We will reduce the amount of your <br />Extra Expense loss payment to the <br />extent you can return "operations" <br />to normal and discontinue such <br />Extra Expense. <br />(5) If you do not resume "operations", <br />or do not resume "operations" as <br />quickly as possible, we will pay <br />based on the length of time it <br />would have taken to resume <br />"operations" as quickly as possible. <br />This Additional Coverage is not subject <br />to SECTION I - PROPERTY, C. Limits of <br />Insurance. <br />(a) To avoid or minimize the h. Pollutant Clean - <br />"suspension" of business and We will <br />pay c Y <br />"pollutants" froi <br />391-1003 08 16 Includes copyrighted material of Insurance Services Office, Inc., with its permissic <br />w®' a <br />tusk MRnagawd D[tielmt <br />RenE &APPRavm BY., <br />A,1�4 Azv44 <br />�" <br />Risk Management SpedMist <br />