Orange County NC Website
DocuSign Envelope ID: D9F8096F-FD8F-4DEF-97BC-32AEDC1721F9 <br /> PREMISES COVERAGE <br /> 1. Inconsideration of the premium,it is agreed that the COVERAGE A—BODILY INJURY AND PROPERTY DAMAGE <br /> LIABILITY Insuring Agreement is deleted and replaced with the following: <br /> 1. Insuring Agreement. <br /> (a) We will pay those sums that the insured becomes legally obligated to pay as damages because of bodily <br /> injury or property damage that occurs during the policy period and is caused by an occurrence that takes <br /> place in the coverage territory arising out of the ownership,maintenance, or use of a scheduled aircraft or <br /> the premises hazard. <br /> We will have the right and duty to defend the insured against any suit seeking those damages. However, <br /> we will have no duty to defend the insured against any suit seeking damages for bodily injury or property <br /> damage to which this insurance does not apply or when this insurance is excess. We may, at our discretion, <br /> investigate any occurrence and settle any claim or suit that may result. But,the amount we will pay for <br /> damages is limited as described in SECTION IV-LIMITS OF INSURANCE. Our right and duty to defend <br /> end when we have used up the applicable limit of insurance in the payment of judgments or settlements <br /> under COVERAGE A. <br /> (b) Our obligation to pay damages on behalf of any insured applies only to the amount of damages in excess <br /> of any deductible amounts stated in this policy. The terms of this insurance apply irrespective of the <br /> application of the deductible amount. We may pay any part or the entire deductible amount to effect <br /> settlement of any claim or suit and,upon notification that we have made any such payment,the first Named <br /> Insured shall promptly reimburse us for any deductible amount we paid. <br /> (c) No other obligation or liability to pay sums or perform acts or services is covered unless explicitly provided <br /> for in SUPPLEMENTARY PAYMENTS under COVERAGE A — BODILY INJURY AND PROPERTY <br /> DAMAGE LIABILITY. <br /> 2. The following definitions are added to SECTION VI—DEFINITIONS: <br /> Auto means a land vehicle,including any trailer,that is subject to a compulsory or financial responsibility law or other <br /> motor vehicle insurance law where it is licensed or principally garaged. <br /> Mobile equipment. <br /> (a) means a vehicle which is maintained for use exclusively on or next to premises on an airport or heliport; <br /> (b) includes any special use vehicle designed for the maintenance, servicing or handling of scheduled <br /> aircraft; and <br /> (c) does not include an auto. <br /> Premises means locations you use in connection with the storage,maintenance, or use of scheduled aircraft. <br /> Premises hazard means the ownership, maintenance, or use of premises, including the use of an auto and the use of <br /> mobile equipment, other than bodily injury or property damage arising out of <br /> (a) the ownership, maintenance,use, or entrustment to others of an auto other than on that part of an airport or <br /> heliport normally restricted to the movement,parking or storage of aircraft; <br /> (b) Goods or products designed,manufactured, sold,handled or distributed by: <br /> (1) you or by others trading under your name, or <br /> (2) the insured, other than you, or by others trading under its name, <br /> after physical possession of the goods or products had been relinquished to others. <br /> Endorsement No. 10 <br /> UASC064 (June 1,2014) Page 1 of 2 <br />