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CNA <br />XIII. NAMED INSURED AUTHORI7-4TION AND NOTICES <br />CNA PARAMOUNT <br />Common Terms and Conditions <br />The First Named Insured agrees that it will act on behalf of all Named Insureds with respect to the giving of all <br />notices to the Insurer, the receipt of notices from the Insurer, the payment of the premiums, the receipt of any return <br />premiums that may become due under this Policy, and the acceptance of endorsements. <br />Any notices required under the CANCELLATION / NON -RENEWAL sections of this Policy shall be provided to the <br />First Named Insured at the last known address and to its insurance agent or broker. If notice is mailed, proof of <br />mailing will be sufficient proof of notice. <br />XIV. NO SUIT AGAINST INSURER <br />A. No suit shall be brought under this Policy by anyone other than the Named Insured. The Named Insured may <br />not bring any such suit, action or legal proceeding unless, as a condition precedent, there shall have been full <br />compliance with all the provisions of this Policy and: <br />1. with respect to any property coverage part, the action is brought within 3 years after the date on which the <br />loss or damage occurred or, with respect to any crime coverage, the date the loss was discovered; <br />2. with respect to any third party coverage part, the amount of the Named Insured's obligation to pay shall <br />have been finally determined either by final and nonappealable judgment against the Named Insured after <br />trial or by written agreement of the Named Insured, the claimant and the Insurer. <br />However, if any law prohibits such time limitation then the limitation is amended to equal the minimum time <br />limitation required by such law. <br />B. No person or organization shall have any right under this Policy to join the Insurer as a party to any suit against <br />the Named Insured to determine the Named Insured's liability, nor shall the Insurer be impleaded by the Named <br />Insured or their legal representatives in any such suit. <br />XV. TRADE AND ECONOMIC SANCTIONS <br />This Policy does not provide coverage for any Named Insured, transactions, or any loss that is uninsurable under the <br />laws or regulations of the United States concerning trade or economic sanctions. <br />XVI. HEADINGS <br />The descriptions in the headings of this Policy are solely for convenience, and form no part of the terms and <br />conditions of coverage. <br />IN WITNESS WHEREOF, the Insurer has caused this Policy to be signed by its Chairman and Secretary at Chicago, <br />Illinois, but the same shall not be binding upon the Insurer unless countersigned by a duly authorized representative of the <br />Insurer. <br />Chairman Secretary <br />REVIEWED & APPROVED <br />By Risk MANAGEMENT DIVISION <br />ACT 17 2019 <br />CNA62642XX 10-15 p Page 3 of 3 <br />Copyright CNA All Rig A4F1 E R. VILLAREAL <br />