IMAGES DANCE PLACE 1 - 2009 - Laserfiche WebLink

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Policy CP2151225 When this insurance Is excess, we will have no duty under Coverages A or B to defend the in- sured against any`"suit" if any other Insurer has a duty to defend the insured against that "suit". 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 in- surance, 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 Insur- ance 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 Insurance provision and was not bought specifically to apply In excess of the Limits of insurance shown .in the Declarations Of this Coverage 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 contrib- utes equal amounts until it has paid its applica- ble limit pplica-ble'limit of insurance or none of the loss re- mains,.whichever comes first If any of the other lhsumme does not permit contribution by equal shares, we will contribute by limits. Under this method, each insurer's share Is based on the ratio of its appitcable limit of Insurance to.the total applicable'iimits of in- surance Of all insurers: 3. Premium Audit a. We will compute 611 premiums for this Cover- age Part In accordance with our rules and rates. b. Premium . shown in this Coverage Part as ad- vance premium Is a. deposit premium only. At the dose of each audit period we will compute the earned premium for that period and send notice. to the first Named Insured. The due date for audit and retrospective premiums is the date shown as the due date on the bill. If the sum of the advance and audit 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 compute - ton, and send us copies at such times as we may request S. Representations By accepting this policy, you agree: a. The statements in the Declarations are accu- rate and complete;. b. Those'statements are based upon representa- tions you made to us; and c. We have Issued this policy In reliance upon your representations. T. Separation Of Insureds Except with respect to the Limits .ofInsurance, and any rights or dudes specifically assigned in this Coverage.Part to the first Named Insured, this in- surance applies: a. As if each Named Insured were the only Named insured; and b. Separately to.each Insured against whom claim Is made or "suit" is brought. 8. Transfer Of Flights 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 "suit" or transfer those rights to us and help 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 written notice of, the nonrenewal not less than 30 days before the expi- ration date. If notice is mailed, proof of mailing will be sufficient. proof of notice. SECTION V — DEFINITIONS 1. "Advertisement" means a notice that Is broadcast or published to the general public or specific mar- ket segments about your goons, products or ser- vices for the purpose of 'attrardng customers or supporters. For the purposes of this definitions a. Notices that are published. include material placed on the Internet or on similar electronic means of.communication: and b. Regarding web -sites, only that, part of a web- site that Is about your goods, products or ser- vices for the purposes of attracting: customers or supporters Is considered an advertisement. 2. "Auto" means a land motor vehicle, trailer or semi- trailer designed for travel on public roads, Including any attached machinery or equipment. But "auto" does not include "mobile equipment". Page 12 of 16 0 ISO Properties, Inc., 2000 Ca 00 01 1001 D