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FAAC, INC. 6 - 2013
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FAAC, INC. 6 - 2013
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Last modified
6/16/2014 5:18:00 PM
Creation date
8/7/2013 4:00:17 PM
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Contracts
Company Name
FAAC, INC.
Contract #
N-2013-110
Agency
POLICE
Expiration Date
1/13/2015
Insurance Exp Date
5/1/2015
Destruction Year
2020
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joint venture, limited liability <br />company or trust) or any "em- <br />ployee" authorized by you to <br />give notice of an "occurrence" <br />or offense. „ <br />(2) If you are a partnership, joint <br />venture, limited liability company <br />or trust, and none of your part- <br />ners, joint venture members, <br />managers or trustees are indi- <br />viduals, notice to us of such <br />"occurrence" or offense must be <br />given as. soon as practicable <br />only after the . "occurrence" or <br />.offense is known by; <br />(a) Any individual who is: <br />(1) A partner or member of <br />any partnership or joint <br />venture; <br />(ii) A manager of any limited <br />liability company; <br />(iii) A trustee of any trust; or <br />(iv) An executive officer or <br />director of any other or- <br />ganization; <br />that is your partner, joint <br />venture member, manager or <br />trustee; or <br />(b) Any "employee" authorized <br />by such partnership, joint <br />venture, limited liability com- <br />pany, trust or other organiza- <br />tion to give notice of an <br />"occurrence" or offense. <br />(3) Notice to us of such "occur- <br />rence" or offense will be <br />deemed to be given as soon as <br />practicable if it is given in good <br />faith as soon as practicable to <br />your workers` compensation in- <br />surer. This applies only if you <br />subsequently give notice to us <br />of the "occurrence" or offense <br />as soon as practicable after any <br />of the persons described in <br />Paragraphs e. (1) or (2) above <br />discovers that the "occurrence" <br />or offense may result in sums <br />to which the insurance provided <br />under this Coverage Part may <br />apply. <br />However, if this policy includes an <br />endorsement that provides limited <br />coverage for "bodily injury" or <br />"property damage" or pollution <br />costs arising out of a discharge, re- <br />lease or escape of "pollutants" <br />which contains a requirement that <br />the discharge, release or escape of <br />"pollutants" must be reported to us <br />within a specific number of days <br />after its abrupt commencement, this <br />Paragraph e. does not affect that <br />requirement. <br />O. UNINTENTIONAL OMISSION <br />The following is added to Paragraph 6., <br />Representations, of SECTION IV - <br />COMMERCIAL GENERAL LIABILITY <br />CONDITIONS: <br />The unintentional omission of; or unin- <br />tentional error in, any information pro- <br />vided by you which we relied upon In <br />issuing this policy will not prejudice <br />y.our rights under this insurance. How- <br />ever, this provision does not affect our <br />right to collect additional premium or <br />to exercise our rights of cancellation <br />or nonrenewal in accordance with ap- <br />plicable insurance laws or regulations. <br />R. BLANKET WAIVER OF SUBROGATION <br />The following is added to Paragraph B., <br />Transfer....0f..- Rights._. Of Recovery Against <br />Others To Us, of SECTION IV - <br />COMMERCIAL GENERAL LIABILITY <br />CONDITIONS: <br />If the insured has agreed in a contract <br />or agreement to waive that insured's <br />right of recovery against any .person or <br />organization, we waive our right of re- <br />covery against such person or organiza- <br />tion, but only for payments we make <br />because of: <br />a. "Bodily injury" or "property dam- <br />age" caused by an "occurrence" <br />that takes place; or <br />b. "Personal injury" or "advertising in- <br />jury" caused by an offense that is <br />committed; <br />subsequent to the execution of the <br />contract or agreement. <br />Page 6 of 6 © 2008 The Travelers Companies, Inc. CG 174 17 07 08 <br />Includes copyrighted material of Insurance Services Office, Inc. with its permission. <br />E <br />
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