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4. Other Insurance (3) When this insurance is excess over other <br /> If other valid and collectible insurance is available insurance, we will pay only our share of the <br /> to the insured for a loss we cover under Coverages amount of the loss, if any, that exceeds the <br /> A or B of this Coverage Part, our obligations are sum of: <br /> limited as follows: (a) The total amount that all such other <br /> a. Primary Insurance insurance would pay for the loss in the <br /> This insurance is primary except when absence of this insurance; and <br /> Paragraph b. below applies. If this insurance is (b) The total of all deductible and <br /> primary, our obligations are not affected unless self-insured amounts under all that other <br /> any of the other insurance is also primary. insurance. <br /> Then, we will share with all that other insurance (4) We will share the remaining loss, if any, with <br /> by the method described in Paragraph c. any other insurance that is not described in <br /> below. this Excess Insurance provision and was not <br /> b. Excess Insurance bought specifically to apply in excess of the <br /> Limits of Insurance shown in the <br /> (1) This insurance is excess over: Declarations of this Coverage Part. <br /> (a) Any of the other insurance, whether c. Method Of Sharing <br /> primary, excess, contingent or on any <br /> other basis: If all of the other insurance permits contribution <br /> (i} That is Fire, Extended Coverage, by equal shares, we will follow this method <br /> g also. Under this approach each insurer <br /> Builder's Risk, Installation Risk or contributes equal amounts until it has paid its <br /> similar coverage for"your work"; applicable limit of insurance or none of the loss <br /> (H) That is Fire insurance for premises remains,whichever comes first. <br /> rented to you or temporarily If any of the other insurance does not permit <br /> occupied by you with permission of contribution by equal shares, we will contribute <br /> the owner; by limits. Under this method, each insurer's <br /> (iiii) That is insurance purchased by you share is based on the ratio of its applicable limit <br /> to cover your liability as a tenant for of insurance to the total applicable limits of <br /> "property damage" to premises insurance of all insurers, <br /> rented to you or temporarily g, Premium Audit <br /> occupied by you with permission of <br /> the owner; or a. We will compute all premiums for this <br /> Coverage Part in accordance with our rules <br /> (iv) If the loss arises out of the and rates, <br /> maintenance or use of aircraft, a Part as b. Premium shown in this Coverage autos or watercraft to the extent not g <br /> subject to Exclusion g. of Section I— advance premium is a deposit premium only. At <br /> Coverage A — Bodily Injury And the close of each audit period we will compute <br /> Property Damage Liability. the earned premium for that period and send <br /> notice to the first Named Insured. The due date <br /> (b) Any other primary insurance available to for audit and retrospective premiums is the date <br /> you covering liability for damages arising shown as the due date on the bill, If the sum of <br /> out of the premises or operations, or the the advance and audit premiums paid for the <br /> products and completed operations, for policy period is greater than the earned <br /> which you have been added as an premium, we will return the excess to the first <br /> additional insured. Named Insured. <br /> (2) When this insurance is excess, we will have c. The first Named Insured must keep records of <br /> no duty under Coverages A or B to defend the information we need for premium <br /> the insured against an "suit" if an other <br /> g y y computation, and send us copies at such times <br /> insurer has a duty to defend the insured as we may request. <br /> against that "suit". If no other insurer y <br /> defends, we will undertake to do so, but we 6. Representations <br /> will be entitled to the insured's rights against By accepting this policy,you agree: <br /> all those other insurers. a. The statements in the Declarations are <br /> accurate and complete; <br /> Page 12 of 16 0 Insurance Services Office, Inc., 2012 CG 00 01 0413 <br />