“Silent Risk” shall mean premises (

“Silent Risk” shall mean premises (or part thereof) which would normally be regularly in use in the
course of the Insured’s business operations but which are not in use at present. Such premises (or part
thereof) shall only be considered as a “Silent Risk” for the period that they are not in use for the
purposes of the Insured’s business operations and, in respect of the Insured’s smelting activities, the
risk shall be deemed to be operational when the smelting activities are restarted.