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.that are in excess 6f the applicable limit of li*nsurance,.
<br />An agreed settlement means a settlement and release
<br />of liability signed by LIS the Insured and the clairrant,or
<br />the claimant's legal representative,
<br />4.: `Other Insurance
<br />,If other valid and collectible insurance is available to,
<br />:the insured for a loss we cover,uridef Coverages A oi-
<br />B of this Coverage Part, Our obligations are Jimited as
<br />:follows:
<br />,a. Primary Insurance
<br />This insurance is primary except when b. below
<br />applies. If other insurance 4s also primary, we will
<br />share with all that other insurance by the 'method
<br />described in c. below..
<br />Excess Insurance
<br />This insurance is excess over any of the other
<br />insurance, whether primaiy, excess, contingent or
<br />on any other basis:
<br />(1) Your Work
<br />That is Fire, Extended CoverageBuilder's Disk„,
<br />Installation Risk or Similar coverage for "your
<br />v to r";
<br />(2) Preirnis0s-Rented To 'ydu
<br />That is fire, lightning Or explosjrid insurance for
<br />premises rented to you OF temporarily occupied.
<br />by you with permission of the owner;
<br />r
<br />,�3) Tenant Liability
<br />That Is insurance purchased by you to cover
<br />your liability as a tenant for "properly damage"
<br />10 pferniW5 rented to you or temporarily
<br />occupied by you with permission of the owner'
<br />X4) Aircraft, Auto Or Watercraft
<br />If the loss arises out of the maintenance Or use..
<br />of aircraft, "autos"' or watercraft to the extent not
<br />subject to Exclusion g. of Section I — Coverage
<br />A — Bodily Injury And Property Damage Liability,.
<br />6) Property Damage to Borrowed Equipment Or
<br />Use Of Elevators
<br />If (lie loss arises out (if ""properly damage" to
<br />borrowed equipment or the use of elevators to
<br />the extent not Subject to Exclusion j. of Section I
<br />- Coverage A - Bodily Injtlry And Property
<br />Damage Liability;
<br />16) When You Are Added As An Additional
<br />Insured To Other Insurance
<br />Any other insurance available to you covering
<br />liability for damages arising out of the pe6ftaes
<br />of operations, or products and completed
<br />operations, f0f-W111011 YOU have been added as
<br />an additional insured by that I1`115UIWICC;, Or
<br />Page 14,6fA-S
<br />I
<br />171, Wben You Add Others As Afr A-4 'q4tol
<br />Insured To ThIsInsurance
<br />Any other insurance available to a0- additi6nAl
<br />ensured.
<br />however, the.1followin.9 provt'sloris apply'to other
<br />AISUrance available to arty person (x
<br />organization who is an additionalinsured under
<br />thts coverage part.
<br />Primary -Insurarir-0, 'Whoa Fb,1,Q,rX1r0d By
<br />Contract
<br />This insurance is i5lrim-ary if you have agreed
<br />In -a written contract or written agreement
<br />4hat this Insurance be primary. If other
<br />insurance is also primary, we will share with
<br />all that other insurance by the method
<br />described in c. below,
<br />,4b) Primary And Non-Corifiributory To Other
<br />Insurance When Required By Contract
<br />If You have agreed In 9 written contract,,
<br />written agreement. or permlit. that ttiis.
<br />insurance is primary and non-contributory
<br />with the additional insured's own insurance,
<br />this Insurance is primary and we will not
<br />seek contribution from that other insurance:
<br />Paragraphs (a) arid (b) do not apply to,other
<br />insurance to which the additional insured fia6.
<br />been added as an additional insured.
<br />When this Insurance is excess, we will have no,
<br />duty under Coverages A or B to defend the insured
<br />.against any "3URt' if any Other insurer has a duty to
<br />defend the insured against that "suit". If no other
<br />insurer clefefids, we will undertake to do so, but we
<br />will be entitled to the insured's rights agairl5t, RIJ
<br />those other insurers.
<br />'VVhefl this Insurance is excess over other
<br />J . nsurance, we will pay only our share of the arrIOLint
<br />of the loss, if any, that exceeds the Sum nr:
<br />(f) The total amount that all such other Insurance
<br />would pay for the loss In the absence of this
<br />insurance; and
<br />(2) The total of ail deductible
<br />ible and self-insurpfl
<br />amounts Linder all that other insurance.
<br />We will share the remaining lass, if any, with any
<br />other insurance that is not described In this Excr,55
<br />lnstiranGC provision and was.not bOLIght specifically
<br />to apply in excess of the Limits Of Insurance shown
<br />in the Declarations of this Coverage Part.
<br />c., Method Of Sharing
<br />If all of the other insurance permits contribution by
<br />equal shares, we will follow this method also. Under
<br />'this approach each Insurer contributes equal
<br />amounts until it has paid its applicable limit of
<br />Insurance or none, of,the loss remains, whichever
<br />,comes first,
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