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3. If any "controlling underlying insurance" has a 3. Duties In The Event Of An Event,Claim Or Suit policy period that is different from the policy period a. You must see to it that we are notified as soon of this Coverage Part then, for the purposes of this as practicable of an "event", regardless of the insurance, the 'retained limit will only be reduced amount, which may result in a claim under this or exhausted by payments made for "injury or insurance. To the extent possible, notice damage covered under this insurance. should include: The Aggregate Limit of this Coverage Part applies (1) How, when and where the "event" took separately to each consecutive annual period of this place; Coverage Part and to any remaining period of this Coverage Part of less than 12 months, starting with (2) The names and addresses of any injured the beginning of the policy period shown in the persons and witnesses; and Declarations, unless the policy period is extended (3) The nature and location of any "injury or after issuance for an additional period of less than 12 damage"arising out of the"event". months. In that case, the additional period will be b. If a claim is made or suit is brought against any deemed part of the last preceding period for purposes insured, you must: of determining the Limits of Insurance. SECTION III—CONDITIONS (1) Immediately record the specifics of the claim or suit and the date received; and The following conditions apply. In addition, the (2) Notify us as soon as practicable. conditions applicable to any "controlling underlying insurance" are also applicable to the coverage You must see to it that we receive written provided under this insurance unless superseded by notice of the claim or suit as soon as the following conditions. practicable. 1. Appeals c. You and any other insured involved must: If the "controlling underlying insurer" or insured (1) Immediately send us copies of any elects not to appeal a judgment in excess of the demands, notices, summonses or legal amount of the "retained limit", we may do so at our papers received in connection with the own expense. We will also pay for taxable court claim or suit; costs, pre- and postjudgment interest and (2) Authorize us to obtain records and other disbursements associated with such appeal. In no information; event will this provision increase our liability (3) Cooperate with us in the investigation or beyond the applicable Limits of insurance settlement of the claim or defense against described in Section 11— Limits Of insurance. the suit; and 2. Bankruptcy (4) Assist us, upon our request, in the a. Bankruptcy Of Insured enforcement of any right against any Bankruptcy or insolvency of the insured or of person or organization which may be liable the insured's estate will not relieve us of our to the insured because of "injury or obligations under this Coverage Part. damage" to which this insurance may also b. Bankruptcy Of Controlling Underlying apply' Insurer d. No insured will, except at that insured's own Bankruptcy or insolvency of the "controlling cost, voluntarily make a payment, assume any underlying insurer" will not relieve us of our obligation, or incur any expense, other than for obligations under this Coverage Part. first aid, without our consent. However, insurance provided under this Coverage 4. First Named insured Duties j Part will not replace any "controlling underlying The first Named Insured is the person or j insurance" in the event of bankruptcy or organization first named in the Declarations and is insolvency of the "controlling underlying insurer". responsible for the payment of all premiums. The The insurance provided under this Coverage Part first Named Insured will act on behalf of all other will apply as if the "controlling underlying Named Insureds for giving and receiving of notice insurance"were in full effect and recoverable. of cancellation or the receipt of any return premium that may become payable, i i i i i i CX 00 01 04 13 ©Insurance Services Office, Inc., 2012 Page 3 of 5 i