EAST LOS ANGELES CLASSIC THEATRE 2-2009

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rom: Leslie Mill At: In ensure Insurance Brokers FaxlD: To: Santa Ana City Attorney Offloe Date: 2/9l2010 08:51 AM Page: 12 of 12 (3) When this insurance is excess over other c. We have issued this policy in reliance upon insurance, we will pair only our share of the your representations. amount of the loss, if any, that exceeds the . Separation Of innsured sum of: a The total amount that all such other insurance would pair for the loss in the absence of this insurance: and (b) The total of all deductible and self - insured amounts under all -that other in- surance. 4 We will share the remaining loss, if any, with any other insurance that is not de- scribed 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 con- tributes equal amounts until it has paid its ap- plicable limit of insurance or none of the loss remains: whichever carves first. If any of the other insurance does not permit contribution by equal shares, we will contribute by limits. Under this method, each insurers share is based on the ratio of its applicable limit of insurance to the total applicable limits of insurance of all insurers. . Premium Audit a. We will compute all 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 close 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 earned premium, we will return the excess to the first lamed Insured. c. The first Named Insured must keep records of the information we need for premium computa- tion, and send us copies at such times as we may request. . Representaitions Bar -accepting this policy, you agree: a. The �staterinents in the Declarations are accu- rate and complete; b. Those statements are based upon representa- tions you made to us; and Except with respect to the Limits of Insurance, and any Frights or dunes 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. 0. Transfer Of Fights Of Recovery Against Others To U If the insured has rights to recover all or part of any parent we have made under this Coverage Part, those rights are transferred to us. The in- sured must do nothing after loss to impair there. At our request, the insured will bring "suit' or transfer - those rights to us and help us enforce them. . when We Do Not Renew If we decide not to renew this Coverage Part, we will mail or deliver to the first blamed 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 rnar- 1 et segments about your goods, product or ser- vices for the purpose of attracting customers or supporters. For the purposes of this definition: 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. . 'Auto" means: a. A land motor vehicle, trailer or semitrailer de- signed for travel on public roads, including any attached machinery or equipment; or b. Any other land vehicle that is subject to a com- pulsory or financial responsibility law or other motor vehicle insurance lava in the state where it is licensed or principally garaged. However, ,auto" does not include "mobile equip- ment". Page 12of 16 0 ISO Properties, Inc., 2006 CG 00 01 12 07 0