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Commercial General Liability <br />CG 00 01 12 07 <br />(b) Any other primary insurance available to you covering liability for damages arising out of the premises <br />or operations, or the products and completed operations, for which you have been added as an <br />additional insured by attachment of an endorsement. <br />(2) When this insurance is excess, we will have no duty under Coverages A or B to defend the insured <br />against any "suit" if any other insurer has a duty to defend the insured against that "suit ". If no other insurer <br />defends, we will undertake to do so, but we will be entitled to the insured's rights against all those other <br />insurers. <br />(3) When this insurance is excess over other insurance, we will pay only our share of the amount of the loss, <br />if any, that exceeds the sum of: <br />(a) The total amount that all such other insurance would pay for the loss in the absence of this insurance; <br />and <br />(b) The total of all deductible and self- insured amounts under all that other insurance. <br />(4) We will share the remaining loss, if any, with any other insurance that is not described in this Excess <br />Insurance provision and was not bought specifically to apply in excess of the Limits of Insurance shown in <br />the Declarations of this Coverage Part. <br />c. Method Of Sharing <br />If all of the other insurance permits contribution by equal shares, we will follow this method also. Under this <br />approach each insurer contributes equal amounts until it has paid its applicable limit of insurance or none of <br />the loss remains, whichever comes first. <br />If any of the other insurance does not permit contribution by equal shares, we will contribute by limits. Under <br />this method, each insurer's share is based on the ratio of its applicable limit of insurance to the total <br />applicable limits of insurance of all insurers. <br />5. Premium Audit <br />a. We will compute all premiums for this Coverage Part in accordance with our rules and rates. <br />b. Premium shown in this Coverage Part as advance premium is a deposit premium only. At the close of each <br />audit period we will compute the earned premium for that period and send notice to the first Named Insured. <br />The due date for audit and retrospective premiums is the date shown as the due date on the bill. If the sum of <br />the advance and audit premiums paid for the policy period is greater than the earned premium, we will return <br />the excess to the first Named Insured. <br />c. The first Named Insured must keep records of the information we need for premium computation, and send <br />us copies at such times as we may request. <br />6. Representations <br />By accepting this policy, you agree: <br />a. The statements in the Declarations are accurate and complete; <br />b. Those statements are based upon representations you made to us; and <br />c. We have issued this policy in reliance upon your representations. <br />7. Separation Of Insureds <br />Except with respect to the Limits of Insurance, and any rights or duties specifically assigned in this Coverage <br />Part to the first Named Insured, this insurance applies: <br />a. As if each Named Insured were the only Named Insured; and <br />b. Separately to each insured against whom claim is made or "suit" is brought. <br />8. Transfer Of Rights Of Recovery Against Others To Us <br />If the insured has rights to recover all or part of any payment we have made under this Coverage Part, those <br />rights are transferred to us. The insured must do nothing after loss to impair them. At our request, the insured <br />will bring "suit" or transfer those rights to us and help us enforce them. <br />9. When We Do Not Renew <br />If we decide not to renew this Coverage Part, we will mail or deliver to the first Named Insured shown in the <br />Declarations written notice of the nonrenewal not less than 30 days before the expiration date. <br />If notice is mailed, proof of mailing will be sufficient proof of notice. <br />CG 00 01 12 07 © ISO Properties, Inc. , 2000 Page 12 of 16 <br />