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act or decide, of any person, group, organization or governmental body. c. Negligent Work Faulty, Inadequate or defective: (1) Planning, zoning, development, surveying, siting; (2) Design, specifications, workmanship, repair, construction, renovation, remodeling, grading, compaction; (3) Materials used in repair, construction, renovation or remodeling; or (4) Maintenance; of part or all of any property on or off the described premises. C. Limits of Insurance 1 i11 3. The most we will pay for loss or damage in any one "occurrence" is the applicable Limit of Insurance shown In the Declarations. The limits applicable to the Coverage Extensions are in addition to the Limits of Insurance. The limits applicable to the following Additional Coverages are in addition to the Limits of Insurance: a. Fire Department Service Charge; b. Pollutant Clean -Up and Removal; c. Civil Authority; d. Money Orders and Counterfeit Paper Currency; a. Forgery and Alteration; L Ordinance or Law; g. Business Income from Dependent. Properties; h. Glass Expenses; i. Employee Dishonesty; J. Arson and "Theft" Reward; k. Computer Equipment; I. Tenant Signs; m. Fire Extinguisher Systems Recharge; n. Commercial Tools and Small Equipment o. Fine Arts; p. Fences and Walls; p. Salesperson's Samples; q. Leasehold Interest (Tenant's Only); r. Unauthorized Business Credit Card Use; s. Deferred Payments; t. Money & Securities; u. Virus and Hacking; and v. Interruption of Computer Operations. 391 - 1003 06 09 17,980 4. Building Limit - Automatic Increase If Covered Property is written on a Replacement Cost basis: a. The Limit of Insurance for Buildings will automatically be revised by changes that occurred in the cost of construction during the preceding policy year. b. The amount of increase will be determined by reports of a recognized valuation method. c. We will inform you of such adjusted values. Upon their acceptance, you agree to pay any additional premium for the adjusted limit. Payment of your renewal premium, which Includes the revised Limit of Insurance, shall constitute acceptance. d. We will pay the replacement cost value of the damaged portion of the building at the time of loss, but not more than 115% of the Limit of Insurance for Building if: (1) The amount of any loss covered by this policy exceeds the Limit of Insurance for Building stated in the Declarations for the damaged Building; and (2) The actual repair or replacement is completed within one year of the date of loss. e. The Building Limit - Automatic Increase clause will not apply if: (1) You do not accept the adjusted value; or (2) You do not inform us of changes to covered Building: (a) Within sixty (60) days of the date any additions, improvements or enlargements to the building are begun, and (b) When the replacement value of the changes are more than 5% of the Limit of Insurance for the building. 5. Business Personal Property Limit - Seasonal Increase a. The Limit of Insurance for Business Personal Property will automatically increase by 25% to provide for seasonal variations. b. This increase will apply only if the Limit of Insurance shown for Business Personal Property in the Declarations is at least 100% of your average monthly values during the lesser of: (1) The 12 months immediately preceding the date the loss or damage occurs; or Includes copyrighted material of Insurance Services Page 36 of 66 Office, Inc. with Its permission