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that are in excess ofthe applicable limit of insurance. 8magraadsatt|ementmeans osettlement andnelegno cfliability signed byus, the insured and the claimant or the Claimant's legal representative. 4. OthwrInmmnaone, If other valid and uu||eciiNo insurance Is available to the Insured fora |oam we cover under Coverages A or Bof this Coverage Part, our obligations are limited as follows: a. Primary |nmwnmmce This insurance is primary except when b. below applies. If other Insurance is also prirnary, we will share with all that other insurance by the method described incbelow. b. Excess Insurance This insurance is axcoam over any of the other ineunmnoe, whether primary, *xcoss, contingent or unany other basis: (i) Your Work That |mFire, Extended Coverage, Builder's Risk, Installation Risk or similar coverage for "your work"; (Q) Premises Rented ToYou That Is fina. lightning or explosion insurance for Premises rented to you or temporarily occupied byyou with permission ofthe owner; (3) Tenant Liability That is insurance purchased by you to cover your liability as atnnent for "property damage" to premises rented to you or temporarily occupied byyou with permission ofthe owner; (4) Aircraft, Auto Or Watercraft Ifthe loss arises out ufthe maintenance oruse of aircraft, "autos"orwatercraft to the extent not subject ioExclusion Q.ofSection U~Coverage A—Bodi|y Injury And Property Damage Liability; (5) Property Damage toBorrowed Equipment Or Use OfElevators If the |now arises out of "property damage" to borrowed equipment or the use of elevators to the extent not su�e:itoExclusion iofSooUou| Coverage- �uvs�a 4 - Bodily Injury And Property Damage Liability; (6) When You Are Added As An Additional Insured ToOther Insurance Any other insurance available to you covering liability for damages arising out of the premises or nperat|ona, or products and completed operatiuna, for which you have been added as unadditional insured bythat insurance; nr Page 14 of 18 (7) When You Add Others As An Additional Insured ToThis Insurance Any other insurance available to on additional inounsd. However, the following provisions apply bmother insurance available to any panyoo or organization who |pon additional Insured under this coverage part. (m) Primary |nawmmmoe When Required By Contract This insurance lsprimary |fyou have agreed in o written contract or written agreement that this insurance be primary. If other Insurance is also primary, weWi|/share with all that other Insurance by the method described |nc.below. (b) Primary And Non -Contributory To Other Insurance When Required ByContract If you have agreed in a written controot, wYk|$n oQnwemomd, or pmnnh that this insurance is primary and non-contributory with the additional insurod'm own Insurance, this insurance |mprimary and nmwill not seek contribution from that other Insurance. Paragraphs Ja) and (b) do not apply to other Insurance to which the additional insured has been added oyonadditional insured. When this insurance is axcemm, we will have no duty under Coverages AorB todefend the insured og4/ms| any "suit" if any other insurer has a. duty to defend the Insured against that "suit". If no other insurer defends, mewill undertake tudoso, but we will be entitled to the inoured'n rights against all those other Insurers. When this insurance Is excess over other insurance, w$will pay only our shoneofthe amount ofthe loss, Kany, that exceeds the sum of: (i) The total amount that all such other insurance would pay for the loss in the absence of this insurance; and (2) The total of all deductible and self-insured amounts under all that other insurance. We will share the remaining bmu. if any, with any other Insurance that isnot described inthis Excess Insurance provision and was not bought specifically tmapply |n excess oythe Limits vyInsurance shown inthe Declarations ofthis Coverage Part, C. Method Of Sharing If all of the other inamomm Permits contribution by equal shares, wmwill follow this method also, Under this approach each insurer oontdhu|au equal amounts until ithas paid its applicable limit of insurance or none of the loss noma|MS, whichever comes first. HG 00 0106 06 REVIEWED BY: EUNICE HERE -10