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of a situation to which this exclusion
<br />applies is the situation where a dam,
<br />levee, seawall or other boundary or
<br />containment system fails in whole or in
<br />part, for any reason, to contain the water.
<br />But if Water, as described in paragraphs
<br />(1), (2), (3), (4) and (5) above, results in
<br />fire, explosion or sprinkler leakage, we will
<br />pay for the loss or damage caused by that
<br />fire, explosion or sprinkler leakage. If
<br />electrical "covered equipment' requires
<br />drying out because of paragraphs (1), (2),
<br />(3), (4) and (5) above, we will pay for the
<br />direct expenses of such drying out subject
<br />to the applicable Limit of Insurance and
<br />Deductible for Building or Personal
<br />Property, whichever applies.
<br />h. Fungi, Wet Rot or Dry Rot
<br />Presence, growth, proliferation, spread or
<br />any activity of "fungi", wet rot or dry rot.
<br />But if "fungi', wet rot or dry rot results in
<br />any of the "specified causes of loss', we
<br />will pay for the loss or damage caused by
<br />any of the "specified causes of loss'.
<br />This exclusion does not apply:
<br />(1) When "fungi", wet rot or dry rot results
<br />from fire or lightning; or
<br />(2) To the extent that coverage is
<br />provided in the SECTION I —
<br />PROPERTY, A. Coverage, 5.
<br />Additional Coverage, ff. Limited
<br />Coverage for Fungi, Wet Rot or Dry
<br />Rot, with respect to loss or damage
<br />by a cause of loss other than fire or
<br />lightning.
<br />i. Virus or Bacteria
<br />(1) Any virus, bacterium or other
<br />microorganism that induces or is
<br />capable of inducing physical distress,
<br />illness or disease.
<br />(2) However, the exclusion in paragraph
<br />(1) above, does not apply to loss or
<br />damage caused by or resulting from
<br />"fungi", wet rot or dry rot. Such loss or
<br />damage is addressed in SECTION I —
<br />PROPERTY, B. Exclusions,
<br />paragraph 1., h. Fungi, Wet Rot or
<br />Dry Rot.
<br />(3) With respect to any loss or damage
<br />subject to the exclusion in paragraph
<br />(1) above, such exclusion supersedes
<br />any exclusion relating to "pollutants'.
<br />event results in widespread damage or affects
<br />a substantial area.
<br />2. We will not pay for loss or damage caused by
<br />or resulting from any of the following:
<br />a. Consequential Losses
<br />Delay, loss of use or loss of market,
<br />however caused.
<br />b. Smoke, Vapor and Gas
<br />Smoke, vapor or gas from agricultural
<br />smudging or industrial operations.
<br />c. Frozen Plumbing
<br />Water, other liquids, powder or molten
<br />material that leaks or flows from plumbing,
<br />heating, air conditioning or other
<br />equipment (except fire protective systems)
<br />caused by or resulting from freezing,
<br />unless:
<br />(1) You do your best to maintain heat in
<br />the building or structure; or
<br />(2) You drain the equipment and shut off
<br />the supply if the heat is not
<br />maintained.
<br />d. Dishonesty
<br />Dishonest or criminal act by you, any of
<br />your partners, "members", officers,
<br />managers, employees, directors, trustees,
<br />authorized representatives or anyone to
<br />whom you entrust the property for any
<br />purpose:
<br />(1) Acting alone or in collusion with
<br />others; or
<br />(2) Whether or not occurring during the
<br />hours of employment.
<br />This exclusion does not apply to acts of
<br />destruction by your employees; but "theft'
<br />by employees is not covered.
<br />This exclusion does not apply to coverage
<br />that is provided under the Employee Theft
<br />Including ERISA Additional Coverage.
<br />e. False Pretense
<br />Voluntary parting with any property by you
<br />or anyone else to whom you have sold,
<br />given or otherwise entrusted the property
<br />if induced to do so by any fraudulent
<br />scheme, trick, device or false pretense.
<br />This exclusion does not apply to the
<br />Unauthorized Business Card Use
<br />Additional Coverage.
<br />f. Exposed Property
<br />SECTION I — PROPERTY, B. Exclusions, Rain, snow, ice or sleet to personal
<br />paragraphs 1.a., 1.b., 1.c., 1.d., 1.e., 1.f., 1.g., property in the open.
<br />1.h. and 11 apply whether or not the loss g. Collapse
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