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Parking Concepts, Inc.
<br />dba Transportation Concepts
<br />XLS0082523
<br />10/23/2012
<br />COMNERCiAL [XCESS LIABILITY
<br />CX 0a 01 09 to
<br />COMMERCIAL EXCESS LIABILITY COVERAGE FORM
<br />lMOLIS provisions In I %s policy restrict coverag,a
<br />Real Iho entire pok--f irefully io determ'ne rights
<br />dullos and vthat Is and E not covered,
<br />Throughout this policy the vilmds. 'Vou' and 'your'
<br />rater to the Named Insured shown in the Declarations,
<br />end any other person or organization quaSlying as ti
<br />Na-ntd Insured underthia portcy, Thewordt;'Wd -,'us'
<br />E1td "L?ur' �afor to the or mpery prml,61m3 this Lnsur-
<br />atre- The Yard 'Insured' rrsetr}s any person or or-
<br />gani;2 Uon gtrififying as such under the "cpntrollfng
<br />underlying fnsura ce°,
<br />Other wcfds end phrases III? bpp= in quotation
<br />nwrks In this Criverargg P have sparNal marling.
<br />Refer to Saion IV - finilione. Other wards and
<br />phrases Out orenol deLned under rots Cover& a Pert
<br />but dorned in the 'dontrol ing underlying inyurano,`
<br />vrifl have the meaning des--rbed in the por,cy, of "con.
<br />trolling undeviylng Insurance'.
<br />Iho fnsurance provided under this Coverage Part vvW
<br />follow the s-"cprovisiurrs, exclusions and lint;tations
<br />brat are contained In the applk-abis'conlralling un:ier-
<br />tying insurace', unless othwwi%Q directod by I'tis
<br />Insurance, To the extent such provIslonx d flex or
<br />conllLl, the prov'_5iins of This Coverage Part wal ap-
<br />ply- However, Inc covcraoe provide:: unper tn:s Co•r-
<br />ersge P,t wtJ not to broader than that provlrkJ by
<br />the appfitoble "controH:nq urlderlyirg insuancd'.
<br />Thera may De more than one conlrcdlinq undt'nrylnu
<br />insurance' dated in the Dectarinions rune provktruis n
<br />Incso potcias con'lict. a -,d w`ilch arc not cuperseded
<br />by the provisions of this Coverage Port. rn such a
<br />vase, the provis:ons, etc4rslons and limtrr,urts (it ihv
<br />controlllrxf undertymg I,71St:rnrsre" nppfcabin to lhtf
<br />particular -avlir.t- far vmicn a clam is n-ice or suit is
<br />brought will apply.
<br />SECTION I - COVLRAG.ES
<br />1, Insuring Agreemani
<br />a. We will pay on behalf of the 'rnuurcd the Vli
<br />mate nfx lose' in "cft-g of me'Ynlafnod limn'
<br />because or 'Injury or dzmagt- Io which insure
<br />ante provided under th;td Coverage Part V-
<br />plies-
<br />We wo; nave lh, right and duty to defuid 111v
<br />insurF0 c,r+}ri :FA any sutl soaking rlanxxles for
<br />such iriury or damage" when Iho apoha. a
<br />ImiL,•,of 'controlling ur ,delyngincura'iWhttvo
<br />beset exhamind in accordance wkh the provrl
<br />slors of such cnntrolling Ion :ay+ing Insur-
<br />ance'.
<br />Wien we have no duly to daft rd, vrc will nave
<br />the right to d°?end, or to parlicipale In the de-
<br />fense of. the Insurud ivdinst any other slit
<br />seeking damages for'injary or damag7 r.
<br />However, we W hava ors duty to defend the
<br />inaured f4alnst any suit seekiW cipmagas for
<br />which insurance under Ittis pal -:;y does not ap-
<br />ptY-
<br />fd our discretion, wo may invesigais any
<br />'evcW that may Involve this insurprtoe and set -
<br />IIe Pity resu[iMt clam or snit, for wh'ntl we
<br />hm'e the duty to defend.
<br />sul:
<br />(1) The Emount we WI pay for "ultimate net
<br />has' is limned as describ -xi in oocuon II
<br />Limits Of Insurance; and
<br />(2) Our right and duty to defend ends wfifliI, we
<br />Ittrre usud up the 2p1;4icafl19 limit of Insur-
<br />mce in rho payrrsnl of }udgrnents or set -
<br />tlernents undo this Co• oroga Fats, How-
<br />ever, if the pnLr�y of -contraulno uld€ty'irty
<br />insurance" spo&les that imIls aro rediced
<br />by defense P-xlren7t�t;, our right rend dufyto
<br />defend ends when we havo used up tltH
<br />npplicabla Fin of lmwanre Ir the paymnal
<br />of deferse expenses, judgments or sot e-
<br />rr>Ento u ndcr th is Coverage Part.
<br />'this insurancc uppJas to intury o, damage'
<br />Shat is sublet! to anaW li [e'Y�a;neJ Nit it ". If
<br />any utt,ur iiiNt, such as, a suhlimlt, 15. gpgslrlorJ
<br />in the ".Dontrolling un :-fo-lying insurarlcc"- this
<br />rn,urance does not ep:l'r to Injury Cr damage
<br />arising out of that :xp5sur: unless LhO knit is
<br />specirked in the Dervaralicirls under the Snhec-
<br />ula of "controlling undoriving insuroncei-
<br />Ir the 'Contror.ng underlying insurance' ry
<br />qui m, for a paticulat 6sirn, that the 'Injury of
<br />damage" occur daring its pcIlcy period la order
<br />fur that Ceverege to imply, then this Msuronce
<br />w%ll only apply to ih, injury or darnagg' if it
<br />W,Urs during the policy period of this Cover -
<br />age i,erL If [her tott'JUltng undLtlying insur-
<br />ance "reaufres thzt ME'eveni" co+..snq Iho parr.
<br />I, W2r'Inury cr damngo takes place during is
<br />policy {m,.rkid In Ardor tar 1hsr. reyer,-ge io c*-
<br />ply, ihen Ihis insurance will epply to the cialul
<br />only if Ins 'kven,' rrmsfn0 'hal 'irtj,iry or da-n-
<br />ade'tasya place during the pcticy periocofthts
<br />CoNerege Nrt,
<br />ex 00 01 C9 03 0 130 Ptopa ties, Inc-, 2007 Page 1 of 5 0
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<br />M
<br />T® F0R1
<br />ST RCK
<br />t 4SA E City Attorney
<br />Assystan
<br />CERT NO.: 14502022 CLIENT CODE: PARKC Isela Carrillo 10/23/2012 3:52:57 PM Page 7 of 8
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