HUITT-ZOLLARS, INC. -2011 - Laserfiche WebLink

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have WI your rights and duties Linder this Coverage Part, a. Unnamed $ulbsidiM Any subsidiary, and subsidiary thereof'of yours which is a legally incorporated entity of which you own a financial interest of more than 500/6 of the voting stock cur the effective date of the Coverage Part. The insurance afforded herein for any subsidiary not named In this Coverage Part as a named insured does not apply to injury Or damage with respect to which an Insured Linder this Coverage Part is also an insured under another policy or would be an insured under such policy but for its termination or the exhaustion of its limits of insurance, 3. Newly Acquired or Formed Organization Any organization you newly acquire or form, other than a partnership, joint venture or limited liability company, and over which YOU maintain financial interest of more than 50% of the voting stock, wili quality as a Named Insured if there is no other similar insurance available to that Organization. However: et� Coverage under this provision is afforded only until the 180th day after you acquire or form the organization or the end Of the poli, -,y period, whichever is earlier; b, Coverage A does not apply to "bodily injury" or '"property damage" that occurred before you acquired or formed the organization; and c. Coverage B does not 00Y to "personal and advertising injury" arising out of an offortse Committed before you acquired or formed! the organization, 4. Mobile Equipment With respect to "mobile equipment" registered in your name Linder any motor vehicle registration law, any person is an insured while driving such equipment along a Public highway with your permission, Any other person or organization responsible for the conduct of such person is also an insured, but only with respect to liability arising out of the Operation of the equipment, and only if no other insurance of any kind is available to that person or organization for this liability. However, no person or organization is an insured with respect to: a, "Bodily injury" to a co -'employee" of the person driving the equipment; or b, "property damage" to Property Owned by, rented to, in the charge of Or occupied by You or the employer of any person who is an insured under this Provision, page 10 of 1: a HUITT"-ZOLLARS, INC A-2011-247 REVE\NED BY 6. Nonowned Watercraft With respect to watercraft you do not own that is less than 51 feet long and is not being used to carry persons for a charge, any person is an Insured while operating such watercraft with your permission. Any other person Or organization responsible for the conduct of such Person is also an insured, but only with respect to liability arising out of the operation of the watercraft, and only if no other insurance of any kind Is available to that person or organization for this liability. However, no person or organization is an insured with respect to: a. "Bodily injury" to a 00 -"employee" of the person operating the watercraftb or b, "Property damage" to property owned by, rented to, in the charge of or occupied by you or the employer of any person who is an insured under this provision. 6. Additional linsureds When Required By Written Contract, Written Agreement Or Permit The following person(s) of organization(s) are an additional Insured when you have agreed, it) a written contract, written agreement or because of a permit Issued by a state or political subdivision, that such person or organization be added as an additional Insured On Your policy, provided the injury or darnage occurs Subsequent to the execution of the contract or agreement. A person or organization is an additional insured under this provision only for that period of time required by the contract or agreement. However, no such person or organization is an insured under this provision if such person or organization is included as an insured by an endorsement issued' by us and made a part of this Coverage Part. a. Vendors Any Person(s) or orqanization(s) (referred to below as vendor), but Only with respect to "bodily Injury" or "property damage" arising out of "your products" which are distributed or sold in the regular course of the vendor's business and only if this Coverage Part Provides coverage for, "bodily injury" or "`property damage" included vilthin the "products - completed operations hazard". (1) The insurance afforded the vendor is subject to the following additional exclusions: This insurance does not apply to; (a) "Bodily injury" Or "properly damage;"" for which the vendor is obligated to pay darnages by reason of the assumption of liability in a contract Or agreement. This exclusion does rO1 apply to liability fol, darnages that the vendor WOUld have in the absence of the contract or agreement; HG 00 01 06 05 EUNICE 11EREDIA (PG 12 OF 20)