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Paragraphs (a) and (b) do not apply to
<br />other insurance 110 which the addifionat
<br />insured has been added as an additional
<br />insured.
<br />When thiis insurance is excess, we will have
<br />no duty under Coverages A or B to defend
<br />the insuired against any "suit" if any other
<br />insurer has a duty to defend the iinsuired
<br />against that "suit". If no other insurer defeinds,
<br />we will undertake to do 5o,, but we will be,
<br />enUtiedl to the insuired's rights against all
<br />those other insurers.
<br />When this insurance is excess over other
<br />insurance, we will pay only our share of the
<br />arnoluint of the loss, if' any, thait exceeds the
<br />sulm of:
<br />(1l), The toil,M arriounit 11"lat all such other,
<br />insuirance would Ipay for the loss, in the
<br />absence of this insurance and
<br />(2), the total of all deductible aind self-iins,ured
<br />amounts under ail) that ether insurance.
<br />We will sbaire the remaining ioss, if any, with
<br />any other insurance thiat is not described in
<br />thisxcegg Insurance provision and was not:
<br />bought SpedfiCailly to apply in excess of the
<br />Limits of Insuranceshown in the Declarations
<br />of this Coverage Part.,
<br />c. IMethod Of Sharing
<br />If all of the other iinsurance permits
<br />cont,riibludon by equ4i shares,, 'we willll follow
<br />this method also. Under this approach each
<br />insurer cointribiates oqual amounts until it has
<br />paid its applicable )unfit of insurance or intone
<br />of the loss, remains, whichever comes first.
<br />11'any of the other insurance does not permit
<br />contribution by ectual shares, we will
<br />contribute by limits. Under this miethod, each
<br />insurer's share is based on, the ratio of its
<br />apipficablie limil ' of insurance to tbie total
<br />apipficable limitsof insuranice of all insurers,
<br />5. Preirrillurn Midit
<br />a.� We wilt compute alt preMILAims, for this
<br />his
<br />Coverage Part hii accordance with our rules
<br />and rates,
<br />b. Premium shown, iin this Coverage Part as
<br />advance piremilurn is a deposit prerri ody.
<br />At the close of each audlit period we will
<br />compute the earned piremium for that period
<br />and send notice to the first Warned Insured_
<br />Thedue date for audit and retrospective
<br />preirriums is the date shown as the due date
<br />on the bill, If the surn of the advance and
<br />audit prerniums, paid iior, the policy period is
<br />greater than the earned premium,, we will
<br />return the excess to the first INlarnedl Insured,
<br />c. 'The first Named Insured must keep, reoords, of
<br />the information we need for premilum
<br />0 IMN -11"I KIPS
<br />computation, and send tis copies at such
<br />tunes as we may request.
<br />6. Representations,
<br />a, When You Accept This IPollicy
<br />By accepting this policy, you agree,
<br />(1) The staternents sin the IDeclarations, are
<br />accurate and complete;
<br />(2) Those statements are based upoin
<br />representations you made tam us; and
<br />(3), We have issued this policy in reliance
<br />upon your ire piresie nta tions,
<br />b. Unintentionall Fallu, re T Ip isclose IHazards
<br />If tinintentionally you should fall to 65,close all
<br />ihiazlards, relating to the conduct Of Your
<br />business that exist at the inception date of
<br />this Coverage Part, we shall not deny
<br />coverage under this Coverage Part ibecause
<br />of such failure,
<br />7. Separation Of Insureds
<br />Except with respect to the ILinnits of Insurance,
<br />and any rights or dutles specificaky assigned in
<br />thiis Coverage Part to the first Named Inistired,
<br />this insurance apphes'.
<br />a. As if each Named Insured were the only
<br />Named Insured; and
<br />b. Separately to, each insuired against whorn
<br />claim is made or "suiV' is brought.
<br />8. Transfer Of Rights Of Recovery Against
<br />Others To Us
<br />a. Transfer Of Rights Of Recov,M
<br />If the insured has, rights to recover all or part
<br />of any payment, iincluldingi Sup#lernientary
<br />Payments, we have made undler this
<br />Coverage Part, those rights are transferred to
<br />uis. The, insured must do, nothing after ioss, to
<br />impair thern. At our request, the insured wiilll
<br />bring "suiit" or transfer those rights to us, and
<br />help UIS enfbrce thern.
<br />b. Waiver OfRights Of Recovery (Waiver Olf
<br />Subroglation),
<br />If the insured has wairved any rights of
<br />recovery, against any pi or, organization
<br />for, all or part of any+ Ipayment, indiLding
<br />Supplementary Payrrients, we have made
<br />u1ndeirthis Coverage Part, we also, waive that
<br />6ght, provided 'the insured waived th,eir rig[its
<br />of recovery against such, person or
<br />organization in a contract, agireerrient or
<br />perimit that was executed prior to the injury or
<br />damage,
<br />9. When We Do INot Renew
<br />If we decide not to renew this, Coverage Part, 'we
<br />will mail or deliver to, t
<br />shown in the Declaratior ep ..cF RAMwagmedDiAsiun
<br />40? N,�q REVIEWED & APPROVED BY.-
<br />F04C.�" z VX*vd
<br />RM
<br />RiA Pjanagement Anali
<br />
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