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4 <br /> 3. The coverages provided under this D. The lessor is not liable for payment of your <br /> endorsement apply to any "leased auto" premiums. <br /> described in the Schedule until the expiration E. Additional Definition <br /> • date shown in the Schedule,or when the lessor <br /> or his or heragent takes possession of the As used in this endorsement: <br /> "leased auto",whichever occurs first. "Leased auto"means an"auto"leased or rented to <br /> B. Loss Payable Clause you,including any substitute,replacement or extra <br /> "auto" needed to meet seasonal or other needs, <br /> 1. We will pay, as interest may appear, you and under a leasing or rental agreement that requires <br /> the lessor named in this endorsement for"loss" you to provide direct primary insurance for the <br /> to a"leased auto". lessor. <br /> 2. The insurance covers the interest of the lessor <br /> unless the"loss"results from fraudulent acts or <br /> omissions on your part. <br /> 3. If we make any payment to the lessor,we will <br /> obtain his or her rights against any other party. <br /> C. Cancellation <br /> 1. If.we cancel the policy, we will mail notice to <br /> the lessor in accordance with the Cancellation <br /> Common Policy Condition. <br /> 2. If you cancel.the policy, we will mail notice to <br /> the lessor. <br /> • <br /> 3. Cancellation ends this agreement. • <br /> • <br /> • <br /> • <br /> • <br /> CA 20 01 03 06 ©ISO Properties,Inc.,2005 Page 3 of 3 <br /> 65 <br />