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GRISWOLD INDUSTRIES (3)
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GRISWOLD INDUSTRIES (3)
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Last modified
9/27/2022 4:31:22 PM
Creation date
9/27/2022 4:30:30 PM
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Contracts
Company Name
GRISWOLD INDUSTRIES
Contract #
A-2019-102-01
Agency
Public Works
Council Approval Date
12/1/2020
Expiration Date
7/1/2024
Insurance Exp Date
4/1/2023
Destruction Year
2029
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(3) We will share the remaining loss, if any, <br />with any other insurance that is not <br />described in this Excess Insurance <br />provision and was not bought specifically <br />to apply in excess of the Limits of <br />Insurance shown in the Declarations of <br />this Coverage Part. <br />d. Method Of Sharing <br />If all of the other insurance permits <br />contribution by equal shares, we will follow <br />this method also. Under this approach each <br />insurer contributes equal amounts until it has <br />paid its applicable limit of insurance or none of <br />the loss remains, whichever comes first. <br />If any of the other insurance does not permit <br />contribution by equal shares, we will <br />contribute by limits. Under this method, each <br />insurer's share is based on the ratio of its <br />applicable limit of insurance to the total <br />applicable limits of insurance of all insurers. <br />Page 2 of 2 <br />?ate P� <br />F rsekma„aq�,nrcam�iaat <br />
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