1hat arp in excess oftfie applicable limit of liisurandet
<br />An agreed settlement means a softlemcrit and relcase
<br />of lialbillty.signed by usi Jhe insured and the claimant -or
<br />'the. claimant's , log alrepresentailve,
<br />10ther Insurance
<br />,If other valid and collectible lAsurance is av,111able to
<br />IhO
<br />, Insured for o loss we covortiociftr Coverages A or
<br />13 of this Coverage Part, our obligia0ons fire firnite, I d as
<br />fol[ows;
<br />,a,. Primary triouran"Ge,
<br />This inSUVaMe! IS pilma.ry 'excepil Wfien b, L)efow,
<br />applies. If other insurance is also primary, VVC1 VdR
<br />share m6 A that otter Insurance by the method
<br />Exces'q hmran6e
<br />This insueMn4Is OYMla
<br />5 o-Vot' oily -of the other
<br />insurnfice, whether primary, excess, contingent or
<br />oil any other basis.
<br />f1l) Your Work
<br />That is Fire, Extended Covatigoi Builder's Risk.
<br />1051.61141(an Risk or similar cbvOraoe for your,
<br />viark';
<br />(2� Premfsds"Rdnted Td,du
<br />Thal is fire, lightning or explosi6d J1TsurPbc6 for
<br />premises rented to you. or temporarily btt4pied.
<br />by you Witt), permission of the owner;
<br />1) To nant Liability
<br />That ra.Insurance purchased by you to cover
<br />YbUr,16,16111fy as a tellant, for "property daniagoll
<br />to prerhfts rented to You Of temporarily
<br />occupied by you with perinissloil of the DWher,!
<br />14) Aircraft, Auto Or Watercraft
<br />If the toss arises out of the maintenance or' lyse
<br />of aircraft, "autos" or watercraft 40 the extent not
<br />Subject to ExchSian g. of Section I - C01116rboe
<br />A - Bodilly Injury And Property Darinclige Llablllty";
<br />(6) Property Damage to 13Qrrowed Eq ulpmerit Or
<br />Use Of Elevators
<br />If tile loss arises out OT "property daing4e" to
<br />borrowed eclOpMent or the use 61 eleMors to
<br />the oxterit not subject to - Exclusion j, of Section I
<br />� coverage - Bodily h1jqry And , Property
<br />DarNge Liabill , ity;
<br />16,) Whein You Are Added As An Additional
<br />Insured To Other Insui-4nde
<br />Any other "insurance available to YOU 0ov6rino
<br />llablifty for,dama0es arising out of the pt6fills6s
<br />operations, or products and completed
<br />operations'. f0l"WhiCh You. have been added as
<br />all additional Insured by that insurance;, Or
<br />Pqgp 144f48
<br />:[7,j; VVben You Add Others As 'Aft AVtfq*
<br />Ins.urod To Thls'lh;yuraribe
<br />,Any other Inswance available to A'a
<br />11stifed,
<br />Rawaver, thelfollowing- pmV' ' app to other`,islo'ops apply
<br />4iisurance available -to aqy. person or-
<br />prgarfiza*flon who is an,40dilioniiiinsured ander
<br />this coverage part.
<br />(0) Primary Insuralleel Whoujr r+5d
<br />'Contract-
<br />This
<br />CoitractThis insurance I� OimU'ry if you have agreed
<br />Ir � written contract or written agree meill
<br />4hal this 111SUrobor, bo primary, If other
<br />InsLUMICe IS also primary,, We Will share with
<br />all that other insurance 1 ' by, the method
<br />.described in c. beloW.
<br />,40) Primary Ald Non-Contributory
<br />iributory To Other
<br />Insurance When I Required By Contract
<br />If you have agreed irr or Witten contract.,
<br />written 80roembilt, or' ptaiiii. that ttlis,
<br />41SUM1100 is pliniafy and rlan�ooniributor
<br />y
<br />With the additional hisore&s own =insurance,
<br />this Insurance Is pC . frilary and we, WINnot:n
<br />other I , risL)ranIm
<br />Paragraphs (a) and (b) do riot apply to,oth&-
<br />insurance to Whicill the additional insurer( has:
<br />beery added as an addition.aYinsured,
<br />When this Insurance is excess, we will have no,
<br />duty under CoVer*406s A or B to'ddiend the frislired
<br />vadalrlst any lsuW' it any other insurer has 'a, duty to
<br />defend the Insured against that If no other
<br />insurer defefids, W.ewJlI undertake to do so, but We
<br />will be entitled to tho Instirods rights , list aV
<br />those other, insurers.
<br />When this his Insurance is excess over other
<br />Jinsurall)co, vie will p ay only our sharo of the amothit,
<br />cif 1he loss, If all I y. I , hat exceeds the sum of:
<br />(f) The total amount that all sych other Insurance
<br />would pay for the loss In .the absence of this
<br />Insurance; and
<br />(2) The total of all deductible Marld seiN , nsorp.0
<br />amounts under 911 that other I , nsurancb.
<br />We will share the remaining, loss, if any, with any
<br />other insurance that is not described In 'this Excess
<br />Insuranr
<br />I oprovision and was,not. bought specifically
<br />to apply in excess of the Limits of Insurzince shown
<br />inthe Declarations of this Coverage Part.
<br />c, Method Of Sharin_q
<br />If all ref the other insurance permits contribution by
<br />equal shares,me will followthismethod also. Und'er
<br />"this upproach each insurer contributes equpl
<br />arnounts until it has paid its applicable 1414 of
<br />Insurance or none 6r -the loss remains, whichever
<br />,comes first.
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<br />PK (PUP) I page 5 -4
<br />REVEWED BY./,,/,,`/` FUMCE a HEREMA (PG 0�-
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