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ECOTIERRA CONSULTING, INC.
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ECOTIERRA CONSULTING, INC.
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Last modified
8/20/2024 10:49:51 AM
Creation date
4/30/2024 11:59:06 AM
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Contracts
Company Name
ECOTIERRA CONSULTING, INC.
Contract #
A-2023-194-17
Agency
Planning & Building
Council Approval Date
11/7/2023
Expiration Date
11/7/2028
Insurance Exp Date
8/2/2025
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Page 12 of 16 © Insurance Services Office, Inc., 2012 CG 00 01 04 13 <br />4. Other Insurance <br />If other valid and collectible insurance is <br />available to the insured for a loss we cover under <br />Coverages A or B of this Coverage Part, our <br />obligations are limited as follows: <br />a. Primary Insurance <br />This insurance is primary except when <br />Paragraph b.below applies. If this insurance <br />is primary, our obligations are not affected <br />unless any of the other insurance is also <br />primary. Then, we will share with all that other <br />insurance by the method described in <br />Paragraph c. below. <br />b. Excess Insurance <br />(1)This insurance is excess over: <br />(a)Any of the other insurance, whether <br />primary, excess, contingent or on any <br />other basis: <br />(i)That is Fire, Extended Coverage, <br />Builder's Risk, Installation Risk or <br />similar coverage for "your work"; <br />(ii)That is Fire insurance for premises <br />rented to you or temporarily <br />occupied by you with permission of <br />the owner; <br />(iii)That is insurance purchased by you <br />to cover your liability as a tenant for <br />"property damage" to premises <br />rented to you or temporarily <br />occupied by you with permission of <br />the owner; or <br />(iv)If the loss arises out of the <br />maintenance or use of aircraft, <br />"autos" or watercraft to the extent <br />not subject to Exclusion g.of <br />Section I – Coverage A – Bodily <br />Injury And Property Damage <br />Liability. <br />(b)Any other primary insurance available <br />to you covering liability for damages <br />arising out of the premises or <br />operations, or the products and <br />completed operations, for which you <br />have been added as an additional <br />insured. <br />(2)When this insurance is excess, we will <br />have no duty under Coverages A or B to <br />defend the insured against any "suit" if any <br />other insurer has a duty to defend the <br />insured against that "suit". If no other <br />insurer defends, we will undertake to do <br />so, but we will be entitled to the insured's <br />rights against all those other insurers. <br />(3)When this insurance is excess over other <br />insurance, we will pay only our share of <br />the amount of the loss, if any, that <br />exceeds the sum of: <br />(a)The total amount that all such other <br />insurance would pay for the loss in the <br />absence of this insurance; and <br />(b)The total of all deductible and self- <br />insured amounts under all that other <br />insurance. <br />(4)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 />c. 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 <br />of 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 />5. Premium Audit <br />a.We will compute all premiums for this <br />Coverage Part in accordance with our rules <br />and rates. <br />b.Premium shown in this Coverage Part as <br />advance premium is a deposit premium only. <br />At the close of each audit period we will <br />compute the earned premium for that period <br />and send notice to the first Named Insured. <br />The due date for audit and retrospective <br />premiums is the date shown as the due date <br />on the bill. If the sum of the advance and <br />audit premiums paid for the policy period is <br />greater than the earned premium, we will <br />return the excess to the first Named Insured. <br />c.The first Named Insured must keep records of <br />the information we need for premium <br />computation, and send us copies at such <br />times as we may request. <br />6. Representations <br />By accepting this policy, you agree: <br />a.The statements in the Declarations are <br />accurate and complete;
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