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CNA CNA PARAMOUNT First Party Terms and Conditions X. OTHER INSURANCE A. If the Named Insured has other insurance covering the same loss or damage, the Insurer will pay on the least of the following amounts: 1. any Limit of Insurance applicable to the covered property that has sustained such loss or damage; 2. the amount of covered loss or damage in excess of the amount due from that other insurance, whether the Named Insured can collect on it or not, without application of deductible amounts contained elsewhere in this coverage part; or 3. the amount the Insurer would have paid had such other insurance not existed. B. Paragraph A. above does not apply to other insurance that is purchased as insurance in excess of the Limit of Insurance under this coverage part. XI. POLICY PERIOD/COVERAGE TERRITORY The Insurer will cover loss or damage commencing during the policy period of this Policy and within the coverage territory unless otherwise specified. XII. RECOVERED PROPERTY If either the Named Insured or Insurer recover any property after loss settlement, that party must give the other prompt notice. At the Named Insured's option, the property (other than money or securities) will be returned to the Named Insured. The Named Insured must then return to the Insurer the amount it paid to the Named Insured for the covered property. The Insurer will pay recovery expenses and the expenses to repair the recovered covered property, subject to the Limit of Insurance. With respect to money or securities, any recoveries, less the cost of obtaining them, made after settlement of loss or damage covered by this coverage part will be distributed: A. first to the Named Insured, until the Named Insured is fully reimbursed for any loss or damage that the Named Insured sustains that exceeds the Limit of Insurance and the Deductible amount, if any; B. then to the Insurer, until the Insurer is reimbursed for the settlement made; and N C. then to the Named Insured, until the Named Insured is reimbursed for that part of the loss or damage equal to 0 the Deductible amount, if any. N O Recoveries do not include any recovery: N O 1. from insurance, suretyship, reinsurance, security or indemnity taken for the Insurer's benefit; or 2. of original securities after duplicates of them have been issued. XIII. RESUMPTION OF OPERATIONS The Insurer will reduce the amount of business income and research and development business income loss payments to the extent that the Named Insured could resume operations or research and development projects in whole or in part: A. by using damaged or undamaged property, including stock; or B. by using any other premises. Solely with respect to suspension of operations caused by direct physical loss of or damage to a dependent property, the Insurer will reduce the amount of business income loss payment to the extent the Named Insured could resume the Named Insured's operation, in whole or in part, by using any other ava or outlets for the Named Insured's products or services available to the Named Insured. - "a e^ Risk MmagementDiveaion % z REVIEWED & APPROVED BY.- CNA62647XX 10-15 °i Copyright CNA All Rights Reserved. ` Risk Management Analyst