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AgdaPkt 2019-10-14 Joint SA PFA
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AgdaPkt 2019-10-14 Joint SA PFA
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Last modified
10/1/2020 1:23:40 PM
Creation date
10/10/2019 5:36:08 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
10/14/2019
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6.E. - Page 26 of 27 <br />BUSINESS LIABILITY COVERAGE FORM <br />Summary SS 00 08 04 05 <br />Paragraphs (a) and (b) do not apply to other Insurance to which the additional Insured has been added as an <br />additional insured. <br />c. Method Of Sharing <br />If ail the other insurance permits contribution by equal shares, we will follow this method also, Under this approach, <br />each insurer contributes equal amounts until it has paid its applicable limit of insurance or none of the loss remains, <br />whichever comes first. <br />If any of the other insurance does not permit contribution by equal shares, we will contribute by limits. Under this <br />method, each insurer's share is based on the ratio of its applicable limit of insurance to the total applicable limits of <br />insurance of all insurers. <br />Waiver of Subrogation <br />If you have waived any rights of recovery against any person or organization for all or part of any payment, <br />including Supplementary Payments, we have made under this Coverage Part, we also waive that right, <br />provided you waived your rights of recovery against such person or organization in a contract, agreement or <br />permit that was executed prior to the Injury or damage <br />Rev 5,14 <br />Page 2 of 2 <br />191 <br />
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