Orange County NC Website
DocuSign Envelope ID:91 F43AFA-8CB4-4861-887A-F304C7A6614B <br /> (2) "Property damage"to property: 2. The Aggregate Limit is the most we will pay for all <br /> (a) Owned or occupied by, or "injury' as the result of the selling, serving or fur- <br /> nishing of alcoholic beverages. <br /> (b) Rented or loaned <br /> 3. Subject to the Aggregate Limit, the Each Common <br /> to that "employee", any of your other "em- Cause Limit is the most we will pay for all "injury" <br /> ployees", by any of your partners or mem- sustained by one or more persons or organizations <br /> bers (if you are a partnership or joint ven- as the result of the selling, serving or furnishing of <br /> ture), or by any of your members (if you are any alcoholic beverage to any one person. <br /> a limited liability company). <br /> The Limits of Insurance of this Coverage Part apply <br /> b. Any person or organization having proper tem- separately to each consecutive annual period and to <br /> porary custody of your property if you die, but any remaining period of less than 12 months, starting <br /> only: with the beginning of the policy period shown in the <br /> (1) With respect to liability arising out of the Declarations, unless the policy period is extended <br /> maintenance or use of that property; and after issuance for an additional period of less than 12 <br /> (2) Until your legal representative has been months. In that case, the additional period will be <br /> appointed. deemed part of the last preceding period for purposes <br /> of determining the Limits of Insurance. <br /> c. Your legal representative if you die, but only SECTION IV—LIQUOR LIABILITY CONDITIONS <br /> with respect to duties as such.That representa- <br /> tive will have all your rights and duties under 1. Bankruptcy <br /> this Coverage Part. Bankruptcy or insolvency of the insured or of the <br /> 3. Any organization you newly acquire or form, other insured's estate will not relieve us of our obliga- <br /> than a partnership, joint venture or limited liability tions under this Coverage Part. <br /> company, and over which you maintain ownership 2. Duties In The Event Of Injury, Claim Or Suit <br /> or majority interest,will qualify as a Named Insured <br /> if there is no other similar insurance available to a. You must see to it that we are notified as soon <br /> that organization. However: as practicable of an "injury'which may result in <br /> a claim. To the extent possible, notice should <br /> a. Coverage under this provision is afforded only include: <br /> until the 90th day after you acquire or form the <br /> organization or the end of the policy period, (1) How, when and where the "injury' took <br /> whichever is earlier; and place; <br /> b. Coverage does not apply to "injury' that oc (2) The names and addresses of any injured <br /> curred before you acquired or formed the or- <br /> ganization. (3) The nature and location of any "injury' aris- <br /> No person or organization is an insured with respect ing out of an occurrence. <br /> to the conduct of any current or past partnership, joint b. If a claim is made or "suit" is brought against <br /> venture or limited liability company that is not shown any insured,you must: <br /> as a Named Insured in the Declarations. (1) Immediately record the specifics of the <br /> SECTION III—LIMITS OF INSURANCE claim or"suit"and the date received; and <br /> 1. The Limits of Insurance shown in the Declarations (2) Notify us as soon as practicable. <br /> and the rules below fix the most we will pay re- You must see to it that we receive written no- <br /> gardless of the number of: tice of the claim or "suit" as soon as practica- <br /> a. Insureds; ble. <br /> b. Claims made or"suits" brought; or <br /> c. Persons or organizations making claims or <br /> bringing "suits". <br /> CG 00 33 01 96 Copyright, Insurance Services Office, Inc., 1994 Page 3 of 5 ❑ <br />