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Obnfe!Jotvsfe;!Ivjuu.\[pmmbst-!Jod/ <br />primary,wewillsharewithallthat 5.PremiumAudit <br />otherinsurancebythemethod <br />a.Wewillcomputeallpremiumsforthis <br />describedin c.below. <br />CoveragePartinaccordancewithourrules <br />(b)PrimaryAndNon-ContributoryToPrimaryAndNon-ContributoryToyy <br />andrates. <br />OtherInsuranceWhenRequiredByOtherInsuranceWhenRequiredBy <br />b.PremiumshowninthisCoveragePartas <br />ContractContract <br />advancepremiumisadepositpremiumonly. <br />Ifyouhaveagreedinawritten <br />Atthecloseofeachauditperiodwewill <br />contract,writtenagreement,orpermit <br />computetheearnedpremiumforthatperiod <br />thatthisinsuranceisprimaryandnon- <br />andsendnoticetothefirstNamedInsured. <br />contributorywiththeadditional <br />Theduedateforauditandretrospective <br />insured'sowninsurance,thisinsurance <br />premiumsisthedateshownastheduedate <br />isprimaryandwewillnotseek <br />onthebill.Ifthesumoftheadvanceand <br />contributionfromthatotherinsurance. <br />auditpremiumspaidforthepolicyperiodis <br />greaterthantheearnedpremium,wewill <br />Paragraphs(a)and(b)donotapplyto <br />returntheexcesstothefirstNamedInsured. <br />otherinsurancetowhichtheadditional <br />insuredhasbeenaddedasanadditional <br />c.ThefirstNamedInsuredmustkeeprecordsof <br />insured. <br />theinformationweneedforpremium <br />computation,andsenduscopiesatsuch <br />Whenthisinsuranceisexcess,wewillhave <br />timesaswemayrequest. <br />nodutyunderCoverages A or B todefend <br />theinsuredagainstany"suit"ifanyother <br />6.Representations <br />insurerhasadutytodefendtheinsured <br />a.WhenYouAcceptThisPolicy <br />againstthat"suit".Ifnootherinsurerdefends, <br />Byacceptingthispolicy,youagree: <br />wewillundertaketodoso,butwewillbe <br />(1)ThestatementsintheDeclarationsare <br />entitledtotheinsured'srightsagainstall <br />accurateandcomplete; <br />thoseotherinsurers. <br />(2)Thosestatementsarebasedupon <br />Whenthisinsuranceisexcessoverother <br />representationsyoumadetous;and <br />insurance,wewillpayonlyourshareofthe <br />amountoftheloss,ifany,thatexceedsthe <br />(3)Wehaveissuedthispolicyinreliance <br />sumof: <br />uponyourrepresentations. <br />(1)Thetotalamountthatallsuchother <br />b.UnintentionalFailureToDiscloseHazards <br />insurancewouldpayforthelossinthe <br />Ifunintentionallyyoushouldfailtodiscloseall <br />absenceofthisinsurance;and <br />hazardsrelatingtotheconductofyour <br />(2)Thetotalofalldeductibleandself-insured <br />businessthatexistattheinceptiondateof <br />amountsunderallthatotherinsurance. <br />thisCoveragePart,weshallnotdeny <br />coverageunderthisCoveragePartbecause <br />Wewillsharetheremainingloss,ifany,with <br />ofsuchfailure. <br />anyotherinsurancethatisnotdescribedin <br />thisExcessInsuranceprovisionandwasnot <br />7.SeparationOfInsureds <br />boughtspecificallytoapplyinexcessofthe <br />ExceptwithrespecttotheLimitsofInsurance, <br />LimitsofInsuranceshownintheDeclarations <br />andanyrightsordutiesspecificallyassignedin <br />ofthisCoveragePart. <br />thisCoverageParttothefirstNamedInsured, <br />c.MethodOfSharing <br />thisinsuranceapplies: <br />Ifalloftheotherinsurancepermits <br />a.AsifeachNamedInsuredweretheonly <br />contributionbyequalshares,wewillfollow <br />NamedInsured;and <br />thismethodalso.Underthisapproacheach <br />b.Separatelytoeachinsuredagainstwhom <br />insurercontributesequalamountsuntilithas <br />claimismadeor"suit"isbrought. <br />paiditsapplicablelimitofinsuranceornone <br />8.TransferOfRightsOfRecoveryAgainst <br />ofthelossremains,whichevercomesfirst. <br />OthersToUs <br />Ifanyoftheotherinsurancedoesnotpermit <br />a.TransferOfRightsOfRecovery <br />contributionbyequalshares,wewill <br />contributebylimits.Underthismethod,each <br />Iftheinsuredhasrightstorecoverallorpart <br />insurer'sshareisbasedontheratioofits <br />ofanypayment,includingSupplementary <br />applicablelimitofinsurancetothetotal <br />Payments,wehavemadeunderthis <br />applicablelimitsofinsuranceofallinsurers. <br />CoveragePart,thoserightsaretransferredto <br />us.Theinsuredmustdonothingafterlossto <br />HG00010916Page17of21 <br /> <br />