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10-07-20m 10: 18 AM . . (c) That is insurance purchased by you to cover your liability as a tenant for "property damage" to premises rented to you or temporarily occupied by you with permission of the owner; or (d) If the loss arises out of the maintenance or use of aircraft, "autos" or watercraft to the extent not subject to Exclusion g. of Section 1- Coverage A - Bodily Injury And Property Damage Liability, (2) Any otheT primary insurance available to you covering liability for damages arising out of the premises or op- erations fOT which you have been added as an additional insured by attachment of an endorsement. When this insurance is excess, we will have no duty under Coverages A or B to defend the insured against any "suft" It any other insurer has a duty to defend the insured against that "suft", If no other insurer defends, we will undertake to do so, but we will be entitled to the insured's rights against all those other insurers, When this insurance is excess over other insurance, we will pay only our share of the amount of the loss, if any, that exceeds the sum of: (1) The total amount that all such other insurance would pay for the loss in the absence of this insurance: and (2) The total of all deductible and self-insured amounts under all that other insurance, We will share the remaining loss, If any, with any other insurance that is not described in this Excess Insur- ance provision and was not bought specifically to apply in excess of the Limits of Insurance shown in the Declarations of this CoveTage Part. c. Method Of Sharing If all of the other insurance permits contribution by equal shares, we will follow this method also. Under this approach each insurer contributes equal amounts until it has paid its applicable limit of insurance or none of the loss remains. whichever comes first. If any of the other Insurance does not permft contñbution by equal shares. we will contribute by limits. Under this method, each Insurer's share Is based on the ratio of its applicable limft of insurance to the total appl~ cable limits of Insurance of all insurers, 5, Premium Audit a. We will compute all premiums for this Coverage Part In accordance with our rules and rates. b. Premium shown in this Coverage Part es advance premium Is a deposit premium only, At the close of each audit period we will compute the earned premium for that period, Audft premiums are due and payable on notice to the first Named Insured, I! the sum of the advance and audft premiums paid for the policy period is greater than the eamed premium, we will return the excess to the first Named Insured. c. The first Named Insured must keep records of the Information we need for premium computation, and send us copies at such times as we may request. 6. Representations By accepting this policy, you egree: a. The statements in the Declarations are accurate and complete; b. Those statements are based upon representations you made to us; and c. We have Issued this policy in Teliance upon your representations. 7. Separation Of Insureds Except with respect to the Limits of Insurance, and any rights or duties specifically assigned in this CoveTage Part to the first Named Insured, this insurance applies: a. As if each Named Insured were the only Named Insured; and b. Separately to each insured against whom claim is made or "suft" Is brought. 8. Transfer Of Rights Of Recovery Against Others To Us If the insured has rights to recover all or part of any payment we have made under this Coverage Part, those rights are transferred to us. The insured must do nothing after loss to Impair them, At our request, the insured will bring "suif' or transfer those rights to us and halp us enforce them, 9. When We Do Not Renew If we decide not to renew this Coverage Part, we will mail or deliver to the first Named Insured shown in the Declarations Wlitten notice of the nonrenewal not less than 30 days before the expiration date. I! notice is mailed, proof of mailing will be sufficient proof of notice. ~u~4~ COMMERCIAL GENERAL LIABILITY Copyright, Insurance SeMcel OffICe, Inc" 1997 CG 00 01 Or8. - -- ~- --..