Common use of Insureds Clause in Contracts

Insureds. The following are Insureds under this form: 1. If the “Named Insured” is: a. An individual: i. the “Named Insured”; and ii. the “spouse” of the “Named Insured”, but only with respect to the conduct of a business of which the “Named Insured” is the sole owner. b. A joint venture, limited liability partnership or partnership: i. the joint venture, limited liability partnership or partnership; ii. any member of and partner in such joint venture, limited liability partnership or partnership; and iii. the “spouse” of such member or partner, but only with respect to the conduct of the business of such joint venture, limited liability partnership or partnership. c. An association or limited liability company: i. the association or limited liability company; ii. any member of such association or limited liability company, but only with respect to the conduct of the business of such association or limited liability company; and iii. any “executive officer”, director or manager of such association or limited liability company, but only with respect to duties as such. d. A condominium corporation constituted under provincial or territorial legislation relating to condominiums or co-ownership by declaration, a strata corporation in the Province of British Columbia or a divided co-ownership syndicate in the Province of Quebec: i. the condominium corporation, strata corporation or divided co-ownership syndicate; and ii. any “executive officer” or director of such condominium corporation, strata corporation or divided co-ownership syndicate, but only with respect to duties as such. e. A trust: i. the trust; and ii. any trustee of such trust, but only with respect to duties as such. f. An organization not described in V. 1. a., b., c., d. or e.: i. the organization; and ii. any “executive officer” or director of such organization, but only with respect to duties as such. 2. If a “Named Insured” individual dies: a. any person or organization having lawful temporary custody of the property of that “Named Insured”, but only: i. with respect to the maintenance or use of the property; and ii. until a legal representative for that “Named Insured” has been appointed; and b. the legal representative of the “Named Insured”, but only with respect to duties as such. 3. Any organization acquired or formed by the “Named Insured” during the policy period over which the “Named Insured” maintains ownership or majority interest, provided: a. such organization is not an association, joint venture, limited liability company, limited liability partnership or partnership; b. no other similar insurance is available to such organization; c. insurance for such organization applies only until the earliest of:

Insureds. The following are Insureds under this form: 1. If the “Named Insured” is: a. An individual: i. the “Named Insured”; and ii. the “spouse” of the “Named Insured”, but only with respect to the conduct of a business of which the “Named Insured” is the sole owner. b. A joint venture, limited liability partnership or partnership: i. the joint venture, limited liability partnership or partnership; ii. any member of and partner in such joint venture, limited liability partnership or partnership; and iii. the “spouse” of such member or partner, but only with respect to the conduct of the business of such joint venture, limited liability partnership or partnership. c. An association or limited liability company: i. the association or limited liability company; ii. any member of such association or limited liability company, but only with respect to the conduct of the business of such association or limited liability company; and iii. any “executive officer”, director or manager of such association or limited liability company, but only with respect to duties as such. d. A condominium corporation constituted under provincial or territorial legislation relating to condominiums or co-ownership by declaration, a strata corporation in the Province of British Columbia or a divided co-ownership syndicate in the Province of Quebec: i. the condominium corporation, strata corporation or divided co-ownership syndicate; and; ii. any “executive officer” or director of such condominium corporation, strata corporation or divided co-ownership syndicate, but only with respect to duties as such. e. A trust: i. the trust; and iiiii. any trustee unit owner of such trustcondominium corporation, any strata lot owner of such strata corporation or any private portion owner of such divided co-ownership syndicate, or any tenant of such owner, but only with respect to duties liability arising from: (a) the common property of such condominium corporation, strata corporation or divided co-ownership syndicate; or (b) to the extent required by law, the personal actions of such owner or tenant as such, but not in connection with any business or profession. f. An organization not described in V. 1. a., b., c., d. or e.: e. A trust: i. the organizationtrust; and ii. any “executive officer” or director of such organization, but only with respect to duties as such. 2. If a “Named Insured” individual dies: a. any person or organization having lawful temporary custody of the property of that “Named Insured”, but only: i. with respect to the maintenance or use of the property; and ii. until a legal representative for that “Named Insured” has been appointed; and b. the legal representative of the “Named Insured”, but only with respect to duties as such. 3. Any organization acquired or formed by the “Named Insured” during the policy period over which the “Named Insured” maintains ownership or majority interest, provided: a. such organization is not an association, joint venture, limited liability company, limited liability partnership or partnership; b. no other similar insurance is available to such organization; c. insurance for such organization applies only until the earliest of:

Insureds. The following are Insureds under this form: 1. If the “Named Insured” is: a. An individual: i. the “Named Insured”; and ii. the “spouse” of the “Named Insured”, but only with respect to the conduct of a business of which the “Named Insured” is the sole owner. b. A joint venture, limited liability partnership or partnership: i. the joint venture, limited liability partnership or partnership; ii. any member of and partner in such joint venture, limited liability partnership or partnership; and iii. the “spouse” of such member or partner, but only with respect to the conduct of the business of such joint venture, limited liability partnership or partnership. c. An association or limited liability company: i. the association or limited liability company; ii. any member of such association or limited liability company, but only with respect to the conduct of the business of such association or limited liability company; and iii. any “executive officer”, director or manager of such association or limited liability company, but only with respect to duties as such. d. A condominium corporation constituted under provincial or territorial legislation relating to condominiums or co-ownership by declaration, a strata corporation in the Province of British Columbia or a divided co-ownership syndicate in the Province of Quebec: i. the condominium corporation, strata corporation or divided co-ownership syndicate; and ii. any “executive officer” or director of such condominium corporation, strata corporation or divided co-ownership syndicate, but only with respect to duties as such. e. A trust: i. the trust; and ii. any trustee of such trust, but only with respect to duties as such. f. An organization not described in V. IV. 1. a., b., c., d. or e.: i. the organization; and; ii. any “executive officer” or director of such organization, but only with respect to duties as such; and iii. any shareholder of such organization, but only with respect to liability as shareholder. 2. If a “Named Insured” individual dies: a. any person or organization having lawful temporary custody of the property of that “Named Insured”, but only: i. with respect to liability arising from the maintenance or use of the property; and ii. until a legal representative for that “Named Insured” has been appointed; and b. the legal representative of the “Named Insured”, but only with respect to duties as such. 3. Any “employee” of the “Named Insured” who is not also a manager of a “Named Insured” limited liability company or an “executive officer”, but only for acts within the scope of employment by an Insured or while performing duties related to the conduct of the business of the “Named Insured”. 4. Any organization acquired or formed by the “Named Insured” during the policy period over which the “Named Insured” maintains ownership or majority interest, provided: a. such organization is not an association, joint venture, limited liability company, limited liability partnership or partnership; b. no other similar insurance is available to such organization; c. insurance for such organization applies only until the earliest soonest of: