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b. separately to each "Insured Member" against whom claim is made or "suit" is brought. <br />The Limits of Insurance shown in the Certificate of Insurance issued to the "Insured Member" will <br />apply separately to each "Insured Member" to which this insurance applies. <br />All terms and conditions of this Master Policy are the terms and conditions applicable to the <br />"Insured Member" during the "Certificate policy period". <br />If the expiration date of the "Certificate policy period" shown on the Certificate of Insurance issued <br />to the "Insured Member" is after to the expiration date of the Master Policy, coverage will cease <br />upon the expiration date of the "Certificate policy period." In no event will coverage for the <br />"Insured Member" extend beyond twelve (12) months after the expiration of the Master Policy. <br />If the expiration date of the "Certificate policy period" shown on the Certificate of Insurance issued <br />to the "Insured Member" is prior to the expiration, termination or cancellation date of the Master <br />Policy, coverage will cease upon the expiration date of the "Certificate policy period." <br />If this Master Policy is terminated or cancelled prior to the expiration date of the "Certificate policy <br />period" shown on the Certificate of Insurance issued to the "Insured Member", coverage for the <br />"Insured Member" will continue under the terms and conditions of the Master Policy until the <br />expiration of the "Certificate policy period." In no event will coverage for the "Insured Member" <br />extend beyond twelve (12) months after the termination or cancellation of the Master Policy. <br />E. SECTION IV — COMMERCIAL GENERAL LIABILITY CONDITIONS and SECTION IV —LIQUOR <br />LIABILITY CONDITIONS are amended and the following added: <br />Reporting Provisions <br />a. The premium charged at the inception of each policy year is an advance premium. Upon our <br />receipt of your complete Policyholder's Bordereaux at the end of each "reporting period", an <br />endorsement will be issued by us for any adjustment in premium because of "Insured <br />Member(s)" you added or deleted in the Policyholder's Bordereaux. <br />b. Premium Reporting: <br />(1) You must file a Policyholder's Bordereaux with us each "reporting period" and at <br />Expiration, in accordance with this Reporting Provision, showing separately each "Insured <br />Member" to be covered. In addition to the information required by the Policyholder's <br />Bordereaux, you must include a copy of the Certificate of Insurance issued evidencing the <br />"Insured Member's" coverage provided by this Master Policy. <br />(2) You may not correct an inaccurate Policyholder's Bordereaux after a claim or "suit" has <br />occurred. <br />c. Failure to Submit a Policyholder's Bordereaux: <br />Coverage only applies to: <br />(1) "Insured Member(s)" shown in the Policyholder's Bordereaux you filed with us prior to the <br />"bodily injury", "property damage', "personal and advertising injury" or "injury" that resulted <br />in a claim or "suit", or, <br />(2) "Insured Member(s)" shown on reports or Certificates of Insurance that were on file with <br />HUB International Insurance Services, Inc. prior to the "bodily injury", "property damage" <br />or "personal and advertising injury" or "injury" that resulted in a claim or "suit". <br />However, paragraph c. does not apply in the event of an unintentional error or omission in not <br />reporting an "Insured Member" in the Policyholder's Bordereaux except if such "Insured Member" <br />received a Certificate of Insurance and paid the premium prior to the "bodily injury", "property <br />damage', "personal and advertising injury" or "injury" that resulted in a claim or "suit". <br />T1523-0111 Page 2 of 3 <br />