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 6 contracts

Sources: Insurance Agreement, Ground Lease Agreement, Commercial General Liability Policy

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

Appears in 4 contracts

Sources: Insurance Contract, Insurance Contract, Insurance Policy

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 3 contracts

Sources: Commercial General Liability Coverage Form, Employee Benefits Liability Coverage, Commercial General Liability Coverage Form

Method of Sharing. If all of the other insurance permits contribution contributions by equal shares, we will follow this method also. Under this approach each insurer contributes approach, we and the other insurers contribute 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, our and 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 2 contracts

Sources: General Liability Coverage, Property & Casualty Coverage Agreement

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

Sources: General Liability Insurance Agreement, General Liability Insurance Agreement

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. The first Named Insured shown in the Declarations: Is responsible for the payment of all premiums; and Will be the payee for any return premiums we pay.

Appears in 1 contract

Sources: Insurance Policy

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

Sources: Insurance Policy

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

Sources: Property Coverage Agreement

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

Sources: Insurance Agreement

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. Form SL 00 00 10 18 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

Sources: Master Agreement for Professional Services

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

Sources: Commercial General Liability Insurance Policy

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

Sources: Grant Contract

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

Sources: Completed Construction All Risks Policy

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

Appears in 1 contract

Sources: Liability Coverage Agreement

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

Sources: Insurance Agreement

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

Sources: Insurance Agreement

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

Sources: Foreign Commercial General Liability Coverage Part

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

Sources: Consultant Services Agreement