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direct physical loss of or damage to <br />your landlord's personal property <br />located inside of a building on the <br />described premises and in your <br />care, custody or control for which <br />you have a written contractual <br />responsibility to insure. The loss or <br />damage must be the result of or <br />caused by a Covered Cause of <br />Loss. <br />(3) Regardless of the number of <br />buildings where the landlord's <br />personal property is located, the <br />most we will pay per insured <br />location under this Additional <br />Coverage in any one occurrence is <br />$25,000. <br />6. Coverage Extensions <br />Except as otherwise provided, the following <br />extensions apply to property located in or <br />on the building described in the <br />Declarations or in the open (or in a vehicle) <br />within 1,000 feet of the described premises: <br />a. Newly Acquired or Constructed <br />Property <br />(1) Buildings <br />If your policy covers Buildings, you <br />may extend the insurance provided <br />under Building to apply to direct <br />physical loss or damage when such <br />loss or damage is caused by a <br />Covered Cause of Loss to: <br />(a) Your new buildings while being <br />built on the described <br />premises; and <br />(b) Buildings you acquire at <br />premises other than the one <br />described, intended for: <br />(1) Similar use as the building <br />described in the <br />Declarations; or <br />(ii) Used as a warehouse. <br />(c) The most we will pay for loss or <br />damage under this Extension <br />for Newly Acquired or <br />Constructed Buildings is <br />$1,000,000 at each building. <br />(2) Business Personal Property <br />(a) If your policy covers Business <br />Personal Property, you may <br />extend the insurance provided <br />under Business Personal <br />Property to apply to direct <br />physical loss or damage when <br />such loss or damage is caused <br />by a Covered Cause of Loss to: <br />The <br />Hanover <br />Insurance Group_ <br />ODFD785344 5701644 <br />(i) Business Personal Property, <br />including such property that <br />you newly acquire, at any <br />location you acquire; or <br />(11) Business Personal Property, <br />including such property that <br />you newly acquire, located at <br />your newly constructed or <br />acquired buildings at the <br />location described in the <br />Declarations. <br />(III) Business Personal Property <br />that you newly acquire, <br />located at the described <br />premises. <br />(b) This Extension does not apply to: <br />(1) Personal property of others <br />that is temporarily in your <br />possession in the course of <br />installing or performing work <br />on such property; or <br />(ii) Personal property of others <br />that is temporarily in your <br />possession in the course of <br />your manufacturing or <br />wholesaling activities. <br />(c) This insurance may not be used <br />to increase your Business <br />Personal Property Limit. It does <br />not apply to personal property <br />you acquire as part of your usual <br />customary business dealings <br />whether or not such acquisition <br />was related to anticipated <br />seasonal demands. Under the <br />terms of this Coverage Form, <br />such property is not considered <br />newly acquired, but falls within <br />the provisions for Business <br />Personal Property. <br />(d) The most we will pay for loss or <br />damage under this Extension is <br />$500,000 at each premises. <br />(3) Business Income and Extra Expense <br />You may extend the insurance that <br />applies to Business Income and <br />Extra Expense to apply to property at <br />any location you acquire. The most <br />we will pay for loss or damage <br />under this Extension is $250,000 at <br />each premise. <br />(4) Period of Coverage <br />With respect to insurance provided <br />under this Coverage Extension for <br />Newly Acquired or Constructed <br />391-1003 08 16 Includes copyrighted material of Insurance services Office, Inc., with its pern <br />as. Rlelt MwagemmtDhivimi <br />REVIEWED&APPRW BY: <br />a <br />Risk Management SpeaAot <br />