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Obnfe!Jotvsfe;!Ivjuu.\[pmmbst-!Jod/ <br />repeatedexposuretosubstantiallythesame 1.Anydeductibleamount; <br />generalharmfulconditions,and <br />2.Anyparticipationofany"insured";and <br />2.Withrespectto"personalandadvertisinginjury": <br />3.Any"self-insuredretention"aboveorbeneath <br />anoffensedescribedinoneofthenumbered <br />anysuchpolicy; <br />subdivisionsofthatdefinitioninthe"underlying <br />Lesstheamount,ifany,bywhichtheaggregatelimit <br />insurance". <br />ofsuchinsurancehasbeenreducedbyany <br />"Policyperiod"meanstheperiodbeginningwith <br />paymentrelatingtoanyact,error,omission,injury, <br />theinceptiondatestatedassuchintheDeclarations <br />damageoroffenseforwhichinsuranceisprovided <br />andendingwiththeearlierof: <br />bythispolicy,includingMedicalPaymentsCoverage <br />1.Thedateofcancellationofthispolicy;or <br />asdescribedinthe"underlyinginsurance."The <br />coveragesandlimitsofsuchpoliciesandanysuch <br />2.Theexpirationdatestatedassuchinthe <br />deductibleamount,participationor"self-insured <br />Declarations. <br />retention"shallbedeemedtobeapplicable <br />"Self-insuredretention"meanstheamountstated <br />regardlessof: <br />assuchintheDeclarationswhichisretainedand <br />1.Anydefensewhichanyunderlyinginsurermay <br />payablebythe"insured"withrespecttoeach <br />assertbecauseofthe"insured's"failureto <br />"occurrence". <br />complywithanyconditionofitspolicy;or <br />"Underlyinginsurance"meanstheinsurance <br />2.Theactualorallegedinsolvencyorfinancial <br />policieslistedintheScheduleofUnderlying <br />impairmentofanyunderlyinginsurerorany <br />InsurancePolicies,includinganyrenewalsor <br />"insured". <br />replacementsthereof,whichprovidetheunderlying <br />coveragesandlimitsstatedintheScheduleof <br />Theriskofinsolvencyorfinancialimpairmentofany <br />UnderlyingInsurancePolicies.Thelimitof <br />underlyinginsurerorany"insured"isbornebyyou <br />"underlyinginsurance"includes:andnotbyus. <br />Page14of14FormXL00030916 <br /> <br />