ENVIRONMENTAL ENGINEERING 1 - Laserfiche WebLink

Home Browse Search

,09/24%2003 08:33 E.E.C. 4 6476515 N0.411 P06 c. We have issued alis Poky in rellence upon your represOfOW ns. * O 8aperadon dlinautads Except with respect to the Limits of Insurance, end any rights or dutlae speaMceily assigned h this Policy to the fret Named insured, this insurance notes: a. As N each Named Insured ware the only Named Insured, and b. 5eperetely to each insured against whom claim is main or out is brought. e. Bubrogadon If there is a payment meds by the Company under this Policy, the Company shell be subrogated to a1 the inourod'a rights of recovery against ally person at organ) adon. The insured »hail cooposts with the Company NO do wholever is necessary to secure Ureas righte. The Insured shag do nothing after s claim at ooctttl0 9 to waive or praJu4cs suori rights. My recovery as a result of subrogation proceedings arising out of permit under this policy (net of axpanees Incurred in making such recovery) shale accrue first to you to this extent of any payment in amens or the limit of coverage of to PoI4. then pro•rato to you and we in proportion to the amount trach actuary paid in a Trion of Judgment, settlement or defense of s claim. We agree to weave No right of subrogaton against your client to the esters that this you had, prior to a Balm or OaCia afte, a writtan agreement to waive such rigth*. 10. Service of SUN It is agreed that in eta event of our failure to pay any amount claimed to be due hereunder, we. at your request, will submit to the jurisdiction of a Court of competent jurisdiction within the Untied States. Nothing in Ihie coni t orri coeatiitdas or should be undertdaod to constitute a waiter of our it" to commence on now in any court of competent jurlsdicdon in the United orates, to remove an Retort 10 a United States pisbtct Court, or te seek a transfer of a case to another court an permitted by the laws of the United States or of any stats In to Willed Suess, h is lather agreed that service of process in such suit may be made upon GwwW Catawi, Legal Department, American International Specialty Una$ Insurance Company, 70 Pirie Street, New Yorw NY 10470, or his or he► reprosemeti o, and that in any suit instituted against u6 upon this contrera, we will abide by Me final decision of such court or of My eppelbte court in the event of arty appear. Further, pursuant to any statute of any sists, torrftory, or dievicl of the United Stars which metas provision therefor, we herebydesigneta the Superintandertt, Commissioner, (Arector of fnauranw, or oilier officer ape c(fiad for that purpose in the statute, or his or her mor or successors in office as our true and Imearl attorney upon whom may Its served any lawful process In any acdon, suit or proceeding Instituted by or an your behalf or airy beneficiary hereunder arising out at this contract at Ineurartos, and hereby designates the e)ova ramied General Counsel as the person to whom the said officer Is authorized w mail such process or a true copy "leaf. 11. yyfren We Oo Not Renew if we decide not to renew sys Policy, we will melte or deliver to the first Named insured shown in the Declarations written notice of the nonreriewef mat less than 30 days before the expiration data. / frolics is mailed, proof of mailing will be suffident proof of notice, SECTION Y - EICTENDED REPORTING PERIOD - COVRRAGE D I- You may purchase an optionsi sixty (60) month Extended Reporting Period as described in paragraph 3 below, only If: 17799 (6101) CopintpK Ammon Inpnxawnl Group tris. M CI1433 Indoors mprrphw>d nleiene or Insuraloe Sen�as9 tineas Ire .int nt prxn+eern. Copyright, Ineurar ce 8moicwe Once, tic. 1997. Page 22