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qUG-30-2006 19:45 <br />T -Mobile USA, Inc. <br />Policy IRGD 5000064 Effective May 1, 2006 <br />b. To sue us on this Coverage Part unless an of <br />Its terms have been fully complied with. <br />A person or organization may sue us to recover on <br />an agreed settlement or on a final judgment <br />against an Insured; but we will not be liable for <br />damages that are not payable under the terms of <br />this Coverage Part or that are in excess of the ap- <br />plicable knit of insurance. An agreed settlement <br />means a settlerttent and release of liability signed <br />by us, the insured and the claimant or the claim - <br />Ws legal representative. <br />4. Other Insurance <br />0 other valid and collectible insurance is available <br />to the insured for a loss we cover under Cover- <br />ages A or ti of this Coverage Part, our obligations <br />are krnited as follows: <br />a. Primary Insurance <br />This insurance is primary except when b. below <br />applies. If this insurance is primary, tar cbfga- <br />gone are not affected unless any of the other <br />Insurance Is also primary. Then. we will share <br />with all that other insurance by the method de- <br />smWed'n c. below. C. <br />b. Excess Insurance <br />This insurance is excess over. <br />(1) Any of the other insurance, whether- pri- <br />mary, excess. Contingent or on any other <br />basis: <br />(a) That is Fire, Extended Coverage, <br />Binder's Risk, Inshkillon Risk or similar <br />coverage for "your woW; <br />(b) That is Fire insurance for premises <br />rented to you or temporarily occupied by <br />you with permission of the owner, <br />(e) That is insurance purchased by you to <br />cover your lability as a tenant for "prop- <br />aft d~ to pretrises rented to you <br />or temporarily occupied by you with <br />permission of the owner, or <br />(d) If the loss arises out of the maintenance <br />or use of aircraft, "autos' or watercraft to <br />the extent not subject to Exciusm g. of <br />section I — Coverage A — Boefily Injury <br />And Property Damage Liability. <br />When this insurance is excess, we will have no <br />duty under Coverages A or B b defend the in- <br />sured agauut any "suit" If any other insurer has <br />a duty to defend the insured against that "suir. <br />If no other insurer defends. we wig undertake to <br />do so, but we wig be entitled to the insured's <br />rights against all those other insurers. <br />When this insurance is excess over other in- <br />surance, we will pay only our share of the <br />amount of the loss, if any, that exceeds the <br />sum of: <br />(1) The total amount that all such other insur- <br />ance woM pay for the loss In the absence <br />of this insurance; and <br />(2) The total of all deductible and sebfanstred <br />amounts under all that other insurance. <br />We will share the remaining loss. N any. with <br />any other Insurance that is not described In tia <br />Excess Insurance provision and was not <br />bought specifically to apply in excess of the <br />Limits of Insurance shown in the Declarations <br />of this Coverage Part. <br />Method Of Sharing <br />If ail of the other Insurance permits contribution <br />by equal shares, we will fnlow this method <br />also. Under this approach each insurer oonkib- <br />utes equal amounts until t has paid tla applica- <br />ble limit of insurance or none of the loss re- <br />mains, whichever comes first. <br />If any of the other insurance does not permit <br />contribution by equal shares, we wig contribute <br />by limits. Under tits metlnod, each insurer's <br />share is based on the ratio of its applicable limit <br />Of insurance to the total applicable limits of in- <br />surance of all insurers. <br />5. Premium Audit <br />a. We will compute at premiums for this Cover- <br />age Part In accordance with our rules and <br />rates. <br />b. <br />(2) Any other primary Insurance available to <br />you covering liability for damages arising <br />out of the premises or operations, or the <br />products and completed operations, for <br />which you have been added as an addi- <br />tional insured by attachment of an en- C <br />dorsement <br />CG 00 0112 04 <br />Premium shown in this Coverage Part as ad- <br />vance premium is a deposit premium only. At <br />the close of each audit period we will compute <br />the earned premium for that period and send <br />notice to the first Named Insured. The due date <br />for audit and retrospective premiums is the <br />date shown as the due date on the big. If the <br />sum of the advance and audit premiums paid <br />for the policy period is greater than the earned <br />premium, we will return the excess to the first <br />Named Insured. <br />The first Named Insured must keep records of <br />the information we need for premium compute. <br />tion, and send us copies at such times as we <br />may request <br />® ISO Properties, Inc., 2003 <br />5 <br />Page 11 of 15 ❑ <br />TOTAL P.03 <br />