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that are in excess of tile applicable limit of insurance, <br />An agreed settlement means m GeK|ymoot and eJauoe <br />ofliability signed byus, the insured and the claimant or <br />the claimant's legal representative. <br />4. Other Insurance <br />|fother valid and cnUacUNe insurance is available to <br />the insured fora |oae we cover under Coverages A or <br />8 of this Coverage Part, our obligations aro limited as <br />follows: <br />o. Primary Insurance <br />This insurance is primary except when b, below <br />applies, If other insurance is also primary' we will <br />share with all that other insurance by the method <br />described ino.below. <br />b. Exomasiosmnnnce <br />This insurance is excess over any of the other <br />inauranoa, whether pdmary, exuoss, contingent or <br />oil any other basis: <br />(1) Your Work <br />That |sFire, Extended Coverage, Builder's Risk, <br />|natm||odon Rink or similar coverage for "your <br />work"; <br />(2) Premises Rented 7oYou <br />That Is Rne. lightning or explosion /nouvnnoa for <br />premises rented to you o,temporarily occupied <br />byyou with permission ofthe owner; <br />(3) Tenant Liability <br />That is ionumnoy purchased by you to cover <br />your liability as o tenant for "property damage" <br />to premises ranted to you o, temporarily <br />occupied by you with permission of the owner; <br />(4) Aircraft, Auto Or Watercraft <br />|fthe loss arises out ufthe maintenance or use <br />of aircraft, °ou\uo" orwatercraft tothe extent. not <br />oobjod to Exclusion g. of Section U— Coverage <br />A—Bodi|y Injury And Property Damage Liability; <br />(S) Property Damage toBorrowed Equipment Or <br />Use Of Elevators <br />If the loss arises Out of' to <br />bornowed equipment or the u' elevators- to <br />the extent not subject toExclusion j.nfSection | <br />' Coverage A - Bodily Injury And Property <br />Damage Liability; <br />(6) When You Are Added As An Additional <br />Insured ToOther Insurance <br />Any other insurance available to you covering <br />liability for damages arising out of the premises <br />or operations, or products and completed <br />operations, for which you have been added as <br />an additional insured bythat insurance; or <br />Page 14 of 18 <br />(7) When You Add Others As An Additional <br />Insured ToThis Insurance <br />Any other insurance available to an additional <br />inaumd. <br />However, the following provisions apply tw other <br />insurance available to any person or <br />organization who is an additional Insured under <br />this coverage part. <br />(a) Primary Insurance When Required By <br />Contract <br />This insurance ioprimary ifyou have agreed <br />in 8 written contract or written uUnammont <br />that this insurance be primary. If other <br />Insurance is also primary, wewill share with <br />all that other insurance by the method <br />described in c. below. <br />(h) Primary And Wnn~ContribotmryTo other <br />Insurance When Required By Contract <br />It you have agreed in a written cnntmct, <br />wdtten ngveomon(, or permit that this <br />insurance is primary and non-contributory <br />with the additional insumd'aown insuranoo. <br />this inyumoua is primary and we will not <br />seek contribution from that other insurance, <br />Paragraphs (a) and (b) do not apply tu other <br />insurance to which the additional insured has <br />been added oaonadditional insured. <br />When this insurance is exceom, we will' have no <br />duty under Coverages AorBtodefend the insured <br />against, any "suit" if any other insurer has 4duty to <br />defend the Insured against that "suit". If no other <br />insurer defends, we will undertake to do so, but we <br />will be entitled to the |nsured'o rights against all <br />those other insurers. <br />When this insurance is excess over other <br />insurance, w$will pay only our share ofthe amount <br />nfthe loss, ifany, that exceeds the sum of: <br />(1) The total amount that all such other insurance <br />would pay (or the loss in the absence of this <br />insurance; and <br />(2) The total of all deductible and ue|Anounod <br />amounts under all that other insurance. <br />We will share the remaining /oyo, if any, with any <br />other Insurance that isnot described |nthis Excess <br />Insurance provision and was not bought specifically <br />toapply inexcess oythe Limits ofInsurance shown <br />inthe Declarations ofthis Coverage Part, <br />C. Method Of Sharing <br />If all of the other insurance permits contribution by <br />equal shares, emwill follow this Method also, Under <br />this approach each insurer contributes equal <br />amounts until it has paid its applicable |hnk or <br />insurance or none of the /onm mmu[n6` whichever <br />comayhnst. <br />HG 00 01 0605 <br />