EBS GENERAL ENGINEERING, INC. (2)

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CNA CNA PARAMOUNT Common Terms and Conditions XIII. NAMED INSURED AUTHORIZATION AND NOTICES The First Named Insured agrees that it will act on behalf of all Named Insureds with respect to the giving of all notices to the Insurer, the receipt of notices from the Insurer, the payment of the premiums, the receipt of any return premiums that may become due under this Policy, and the acceptance of endorsements. Any notices required under the CANCELLATION / NON-RENEWAL sections of this Policy shall be provided to the First Named Insured at the last known address and to its insurance agent or broker. If notice is mailed, proof of mailing will be sufficient proof of notice. XIV. NO SUIT AGAINST INSURER A. No suit shall be brought under this Policy by anyone other than the Named Insured. The Named Insured may not bring any such suit, action or legal proceeding unless, as a condition precedent, there shall have been full compliance with all the provisions of this Policy and: 1. with respect to any property coverage part, the action is brought within 3 years after the date on which the loss or damage occurred or, with respect to any crime coverage, the date the loss was discovered; 2. with respect to any third party coverage part, the amount of the Named Insured's obligation to pay shall have been finally determined either by final and nonappealable judgment against the Named Insured after trial or by written agreement of the Named Insured,the claimant and the Insurer. However, if any law prohibits such time limitation then the limitation is amended to equal the minimum time limitation required by such law. B. No person or organization shall have any right under this Policy to join the Insurer as a party to any suit against the Named Insured to determine the Named Insured's liability, nor shall the Insurer be impleaded by the Named Insured or their legal representatives in any such suit. XV.TRADE AND ECONOMIC SANCTIONS This Policy does not provide coverage for any Named Insured, transactions, or any loss that is uninsurable under the laws or regulations of the United States concerning trade or economic sanctions. XVI. HEADINGS M s The descriptions in the headings of this Policy are solely for convenience, and form no part of the terms and conditions of coverage. M 0 0 IN WITNESS WHEREOF, the Insurer has caused this Policy to be signed by its Chairman and Secretary at Chicago, Illinois, but the same shall not be binding upon the Insurer unless countersigned by a duly authorized representative of the Insurer. Chairman Secretary N oRa Risk Managanent Divisim REVIEWED&APPROVED BY. �ti.�:e�cevaolo �� Risk Management Specialist CNA62642XX 10-15 Copyright CNA All Rights Reserved.