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VALLEY DETROIT DIESEL 2 -2004
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VALLEY DETROIT DIESEL 2 -2004
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Last modified
1/3/2012 1:55:18 PM
Creation date
11/17/2004 2:54:11 PM
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Contracts
Company Name
Valley Detroit Diesel
Contract #
N-2004-127
Agency
Finance & Management Services
Expiration Date
10/31/2005
Insurance Exp Date
4/4/2005
Destruction Year
2010
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<br />00 H8-04 <br /> <br />08 :23 <br /> <br />From-BarnlyiBarnlY <br /> <br />18584527530 <br /> <br />T-480 <br /> <br />P005/005 <br /> <br />F-7A7 <br /> <br />(3) If the loss arises out of the maintenance or use of "aircraft," "autos" or watercraft to the exient not subject <br />ÌO Exclusion g. (SECTION I). <br /> <br />When this insurance Is excess, we will have no duty under this policy to defend any 'clalm" or "suit" that any <br />other Insurer has a duty to defend. If no other Insurer defends, we will undertake to do so, but we will be <br />entitled to the Insured's rights against all thosa other Insurers. <br /> <br />When this Insurance is excess over other insurence, we will pay only our share of the amount of the loss, if <br />any, that exceeds the sum of: <br /> <br />(1) The toial amount that all such other insurance would pay for the loss in the absence of this insurance; and <br /> <br />(2) The total of all deductible and self.lnsured amounts under all that other insurance, <br /> <br />We will share the remaining loss, if any, with any other insurance that is not desoribed In this Excess <br />insurance provision and was not bought speoiflcally to apply in exoeM of the lim~s of Insurance shown in the <br />Deolara60ns of this polioy, <br /> <br />c. Method of Sharing <br /> <br />If all the other insuranoe permits contribution by equal sharas, we will follow this method also. Under this <br />approach each insurer contributes equal amounts until it has paid ~s applioeble limit of Insuranoe or none of <br />the loss remains, whiohever comes first. <br /> <br />If any of the other does not permit contribution by equal shares, we will contribute by limitS. Under this <br />method, eaoh insurer's share is based on the ratio of its applicable limits of insuranoe to the total applioable <br />limits of Insurance of all insurads, <br /> <br />, /.27./ <br />/c-hß.:I {' <br />,7 (/ <br />/ <br /> <br />;//c / <br /> <br />Fo"" GN 20 16 14 (ED. 01/95) <br /> <br />Page 2 of2 <br /> <br />
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