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POLICY NUMBER: MKLV5ENV105319
<br /> 3. Material Change In Use
<br /> "Loss" in any way involving a change in the use or operations at a "covered location"that materially increases the
<br /> likelihood or severity of a"pollution condition" or"claim" as compared with use or operations as disclosed to us on
<br /> the application and all supporting documentation.
<br /> 4. Underground Storage Tanks
<br /> "Loss" in any way involving any "underground storage tank" or associated underground piping at a "covered
<br /> location", whether operational, closed, or removed.
<br /> 5. Wells
<br /> "Loss" in any way involving the discharge, escape, migration, release, or seepage of oil, gas, drilling fluid, or any
<br /> other fluid, from any oil, gas, mineral, or geothermal well.
<br /> SECTION III—WHO IS AN INSURED
<br /> Each of the following is an insured under all Insuring Agreements and Supplementary Payments:
<br /> A. If you are designated in the Declarations as:
<br /> 1. An individual, you, and your spouse or "domestic partner", but only with respect to the conduct of a business of
<br /> which you are the sole owner.
<br /> 2. A partnership or joint venture, your members, your partners, and their spouses or "domestic partners", but only
<br /> with respect to the conduct of your business.
<br /> 3. A limited liability company, your members but only with respect to the conduct of your business. Your managers
<br /> are insureds, but only with respect to their duties as your managers.
<br /> 4. An organization other than a partnership, joint venture, or limited liability company, your "executive officers" and
<br /> directors, but only with respect to their duties as your officers or directors. Your stockholders are also insureds,
<br /> but only with respect to their liability as stockholders.
<br /> B. Any subsidiary company of yours, other than a partnership, joint venture, or limited liability company, and any
<br /> company over which you have active control or majority ownership interest, or exercise management or financial
<br /> control is a Named Insured with respect to the conduct of your business, provided:
<br /> 1. You report all such entities to us within 90 days after you have acquired the organization; and
<br /> 2. There is no other similar primary insurance available to that organization, unless such entity has been specifically
<br /> endorsed onto this Policy.
<br /> However:
<br /> a. Coverage is afforded only until the 90th day after you acquire the subsidiary or the end of the Policy Period,
<br /> whichever is earlier; and
<br /> b. Coverage does not apply to "loss" that first commences before you acquired the subsidiary.
<br /> C. Your"employees", other than either your"executive officers" (if you are an organization other than a partnership,joint
<br /> venture, or limited liability company) or your managers (if you are a limited liability company), but only for acts within
<br /> the scope of their employment by you or while performing duties related to the conduct of"your work".
<br /> D. In the event of your bankruptcy, your trustees, and in the event of your death or incapacity, your legal representatives
<br /> or executors, but only with respect to such trustee's, representative's, or executor's vicarious liability resulting from
<br /> "your work".
<br /> E. Any organization, other than a partnership, joint venture, or limited liability company, you newly form during the Policy
<br /> Period and over which you maintain ownership or majority interest, will qualify as an insured, if:
<br /> 1. You have contractually agreed to provide insurance for such organization;
<br /> 2. There is no other similar primary insurance available to that organization, unless such entity has been specifically
<br /> endorsed onto this Policy; and
<br /> 3. You report to us within 90 days after such formation that you formed the organization.
<br /> However:
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