Page 77 - Sectional Title Policy Wording

Public Liability (Claims-made Basis)
15. Deliberate acts
arising out of personal injury or loss of or damage to property resulting from, whether directly or indirectly, a deliberate act or omission on Your part or any of Your employees.
16. Jurisdiction
arising out of personal injury or any loss of, or damage to property, in respect of judgments delivered or obtained in the first instance other than by a court of competent jurisdiction within the Republic of South Africa, Namibia, Botswana, Lesotho and Eswatini (formerly Swaziland).
17. Vibration/support
arising out of personal injury or loss of or damage to property resulting from, whether directly or indirectly the intentional removal of support of any property.
CLAUSES AND EXTENSIONS
Subject to all the Terms, Exceptions, Conditions and Endorsements relating to this Section of the Policy, You will be indemnified as below. The total of all payments made under these Extensions will be part of and not in addition to the Limit of Liability. The Extensions are also subject to the deductible as stated in the Schedule.
1. Automatic acquisitions
The indemnity afforded by this Sub-Section of the Policy will apply automatically to all operations including premises acquired, established or created during the period of insurance;
PROVIDED THAT:
1. You notify Hollard in writing with full underwriting information:
1.1 within 90 (ninety) days for new acquisitions where annual turnover is not more than 15% (fifteen percent) of Your last published annual turnover figure and there is no material alteration to the business or risk;
1.2 as soon as practicable for new acquisitions other than as detailed in 1.1 above;
1.3 at the beginning of any new period of insurance if this is earlier than 1.1 or 1.2 above;
2. turnover for any new acquisitions will be declared in accordance with Specific Policy Condition 7 where this Sub-Section of the Policy is written on an adjustable basis;
3. Hollard reserves the right to:
3.1 establish a separate rate and premium and, if appropriate, terms where the Sub-Section of the Policy is written on a nonadjustable basis and the total annual turnover of the new acquisitions represents an increase in turnover greater than 15% (fifteen percent) of the estimate provided at the beginning of the period of insurance; or
3.2 accept or deny coverage at the time of notification and to establish a separate rate and premium and, if appropriate, terms for any such coverage where the new acquisition represents a material alteration to the business or risk.
2. Car parks
Notwithstanding the Exceptions applicable to Sub-Section 1 and anything else to the contrary in this Sub-Section of the Policy, Hollard will indemnify You in respect of liability as herein provided arising from loss of or damage to vehicles and their contents and accessories, the property of tenants, customers, visitors or employees of Yours using parking facilities provided by You.
3. Cross liability
If the Insured comprises more than one party, Hollard will provide indemnity to each in the same manner and to the same extent as if a separate Policy had been issued to each;
PROVIDED THAT:
the total liability of Hollard for all liability sustained by any or all of the Insured’s will not exceed the Limit of Indemnity stated in the Schedule applicable to this Sub-Section of the Policy.
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