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When this 'insurance `is excess; we will have no 6. Representations duty under Coverages A or B to defend the in- Byaccepting this policy, you agree; sured against any "suit" if any other insurer has a duty to defend the insured against that "suit ". a. The statements in the Declarations ar'e ,aecu- If no other insurer defends, we will undertake to rata and.:nbmpleta;. do so, but we will be entitled to 'the irsured's b. Those staternonts are based upon represents- rights against all those•otner insurers. tions you made to us; and When this" insurance 1i excess over other in- c. We have issued this policy in reliance upon surance, we will pay only our share of the your representations:. amount of the loss if any, that exceeds the 7 Separation Of Insureds sum .of: (1) The total amount that all such other insur- Except with respect to the Limits of Insurance; and ance-would ;pay for the toss in the absence any rights or duties specifically assigned in this :of thisinsurance ;and Coverage Part.to' the first Named Insured, this in- sUrarico applies: (2) The total of all deductible and self- insured 6. As 'if each Famed Insured were the only amounts under all that othorinsurance:' Named Insured; arid We will share the remaining loss, if any, with b. Separately to each insured against wham claim any other iiiswarice that is out described ii't this :is..made of "sUit" Is - brought. Excess ,Insurance provision and w.as not bought specifically to apply in excess :of the 8. Transfer Of Rights Of Reao"very Against Others Limits of Insurance shown in the declarations To Us of this Coverage Part: If theinsured has'rights to recover all or part of any C. Method Of Sharing payment we have made under this ,Coverage;Part, those ;rights are _ transferred to us: The insured IfIf all of the other insurance permits contribution . must do nothing" :after Ioss to impair them At. our equal - Shares, we will follow this Method request, the insured will bring "suit" or transfer also. Underthis approach each insurer cantrib- utes equal amounts until it has.paid its applica- ble limit of insurance or none of the loss re- Gl•` When We Do Not renew mains, whichever comes first. If we decide not to renew this Coverage Part, we If any of the other insurance does not :permit , will mail or deriver to the first Named Insured contribution by.equai shares, we will contribute shown in the Declarations written'- notice of the by limits: Under this methotl,: each insurers nonrenewai not less than 30 days before the ®xpi- share is based oh1he ratio of its :applicable limit ration`date. of insurance to the Total applicable limits of in- if notice is mailed, proof of.inailing will be sufficient surance of ail insurers: proof of notice. 6, Premium Audit ; SECTION V — DEFINITIONS" a. We will compute all premiums for this Cover - 1, "AdverfisemeriV means notice thatis broadcast age Part in accordance with our rules and or published to the general public or specific -mar- rates. ket segments about your .goods, products or<ser- b: Premium "shown in this Coverage Part as ad. vices for tno purpose of :attracting customers or Vance- prefillurn is a deposii premium truly. At supporters. the closecdf each audit period we will compute 2. "Auto" means a land motor Vehicle, trailer or semi - the earned premium :for that period. Audit pre- trailer designed for travel on public roads, including miums are due and payable oh notice to the any attached machinery or artuipmant. But "atfl'b" first Named Insured. If the sum of the advance does not include "mobile equipment ", and audit premiums paid for the policy period is "Bodily injury" means bodily injury, sickness or greater than the earned premium, we will return t17o oxEess to the first Named Insured, tlisease sustained by a person, including death'ra- suiting from any of these lit=any time. c. The first Named Insured must keep records of 4. "Coverage territory" moans: the information we need for premium computa- tion, and send us cnpies at -such times :as we a. The United States of Amerlca ,( ihcluding its may request. territories and possessions), Puerto Rico and Canada; 13 of 16 - Reviewed: Page 10 of 13 Copyright, Insurance Services Office; Inc., .1997 (13.00 0107 98