Common use of Method of Sharing Clause in Contracts

Method of Sharing. If all of the other insurance permits contribution by equal shares, we will follow this method also. Under this approach each insurer contributes equal amounts until it has paid its applicable limit of insurance or none of the loss remains, whichever comes first. If any of the other insurance does not permit contribution by equal shares, we will contribute by limits. Under this method, each insurer's share is based on the ratio of its applicable limit of insurance to the total applicable limits of insurance of all insurers.

Appears in 5 contracts

Samples: Ground Lease Agreement, premiergroup.ca, Insuring Agreement

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Method of Sharing. If all of the other insurance permits contribution by equal shares, we will follow this method also. Under this approach each insurer contributes equal amounts until it has paid its applicable limit of insurance or none of the loss remains, whichever comes first. If any of the other insurance does not permit contribution by equal shares, we will contribute by limits. Under this method, each insurer's share is based on the ratio of its applicable limit of insurance to the total applicable limits of the insurance of all insurers.

Appears in 2 contracts

Samples: cadeinsurance.com, cadeinsurance.com

Method of Sharing. If all of the other insurance permits contribution by equal shares, we the Insurer will follow this method also. Under this approach each insurer contributes equal amounts until it has paid its applicable limit of insurance or none of the loss remains, whichever remains which ever comes first. If any of the other insurance does not permit contribution by equal shares, we the Insurer will contribute by limits. Under this method, each insurer's share is based on the ratio of its applicable limit of insurance to the total applicable limits of insurance of all insurers.

Appears in 1 contract

Samples: www.cgbest.co.kr

Method of Sharing. If all of the other insurance permits contribution by equal shares, we will follow this method also. Under this approach each insurer Insurer contributes equal amounts until it has paid its applicable limit of insurance or none of the loss remains, whichever comes first. If any of the other insurance does not permit contribution by equal shares, we will contribute by limits. Under this method, each insurerInsurer's share is based on the ratio of its applicable limit of insurance to the total applicable limits of insurance of all insurersInsurers.

Appears in 1 contract

Samples: Insuring Agreement Liability

Method of Sharing. If all of the other insurance permits contribution by equal shares, we will follow this method also. Under this approach each insurer contributes equal amounts until it has paid its applicable limit of insurance or none of the loss remains, whichever comes first. If any of the other insurance does not permit contribution by equal shares, we will contribute by limits. Under this method, each insurer's ’s share is based on the ratio of its applicable limit of insurance to the total applicable limits of insurance of all insurers.

Appears in 1 contract

Samples: www.eventinsurancebrokers.com

Method of Sharing. If all of the other insurance permits contribution by equal shares, we the Insurer will follow this method also. Under this approach each insurer contributes equal amounts until it has paid its applicable limit of insurance or none of the loss remains, whichever comes first. If any of the other insurance does not permit contribution by equal shares, we the Insurer will contribute by limits. Under this method, each insurer's share is based on the ratio of its applicable limit of insurance to the total applicable limits of insurance of all insurers.

Appears in 1 contract

Samples: clubrunner.blob.core.windows.net

Method of Sharing. If all of the other insurance permits contribution by equal shares, we will follow this method alsoal- so. Under this approach each insurer contributes contrib- utes equal amounts until it has paid its applicable applica- ble limit of insurance or none of the loss remains, whichever comes first. If any of the other insurance does not permit contribution by equal shares, we will contribute by limits. Under this method, each insurer's share is based on the ratio of its applicable limit lim- it of insurance to the total applicable limits of insurance of all insurers.

Appears in 1 contract

Samples: Grant Contract

Method of Sharing. If all of the other insurance permits the contribution by equal shares, we will follow this method also. Under this approach approach, each insurer contributes equal amounts until it has paid its applicable limit of insurance or none of the loss remains, whichever comes first. If any The Policy provides excess coverage over and above insurance which may cover the Insured, Host Family or a third party involved in an Occurrence. The amount paid is pursuant to the applicable coverage provision(s) of the other insurance does not permit contribution Policy and is reduced by equal shares, we will contribute the amount payable by limits. Under this method, each insurer's share is based on the ratio of its applicable limit of insurance to the total applicable limits of insurance of all insurersany such Underlying Insurance.

Appears in 1 contract

Samples: www.uwosh.edu

Method of Sharing. If all of the other insurance permits contribution by equal shares, we the Company will follow this method also. Under this approach each insurer contributes equal amounts until it has paid its applicable limit of insurance or none of the loss remains, whichever comes first. If any of the other insurance does not permit contribution by equal shares, we the Company will contribute by limits. .Under this method, each insurer's share is based on the ratio of its applicable limit of insurance to the total applicable limits of insurance of all insurers.

Appears in 1 contract

Samples: dilip-insurance.in

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Method of Sharing. If all of the other insurance permits contribution contrib ution by equal shares, we will follow this method also. Under this approach each insurer contributes equal amounts until it has paid its applicable limit of insurance or none of the th e loss remains, whichever whichev er comes first. If any of the other insurance does not permit contribution by equal shares, we will contribute by limits. Under this method, each insurer's share is based on the ratio of its applicable limit of insurance to the total tota l applicable limits of insurance i nsurance of all insurers.

Appears in 1 contract

Samples: www.ccltoa.org

Method of Sharing. If all of the other insurance permits contribution by of equal shares, we will follow this method also. Under this approach each insurer contributes equal e q u a l amounts until it has paid its applicable limit of insurance or none of the loss remains, whichever comes first. If any of the other insurance does not permit contribution by equal shares, we will contribute by limits. Under this method, each insurer's share is based on the ratio of its applicable limit limits of insurance to the total applicable limits of insurance of all insurers.

Appears in 1 contract

Samples: www.udbud.dk

Method of Sharing. If all of the other insurance permits contribution by equal shares, we will follow this method also. Under this approach approach, each insurer contributes equal amounts until it has paid its applicable limit of insurance or none of the loss remains, whichever comes first. If any of the other insurance does not permit contribution by equal shares, we will contribute by limits. Under this method, each insurer's ’s share is based on the ratio of its applicable limit of insurance to the total applicable limits of insurance of all insurers.

Appears in 1 contract

Samples: Agreement for Consultant Services

Method of Sharing. If all of the other insurance permits contribution by equal shares, we will follow this method also. Under this approach approach, each insurer contributes equal amounts until it has paid its applicable limit amount of insurance or none of the loss remains, whichever comes first. If any of the other insurance does not permit contribution by equal shares, we will contribute by limits. Under this method, each insurer's share is based on the ratio of its applicable limit amount of insurance to the total applicable limits amounts of insurance of all insurers.

Appears in 1 contract

Samples: General Liability

Method of Sharing. If all of the other insurance permits contribution by equal shares, we the Insurer will follow this method also. Under this approach each insurer Insurer contributes equal amounts until it has paid its applicable limit of insurance or none of the loss remains, whichever comes first. If any of the other insurance does not permit contribution by equal shares, we the Insurer will contribute by limits. Under this method, each insurerInsurer's share is based on the ratio of its applicable limit of insurance to the total applicable limits of insurance of all insurersInsurers.

Appears in 1 contract

Samples: premiergroup.ca

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