Application of Excess. (a) The Insured shall be liable to pay the amount of the Excess in respect of each Event/Occurrence. If a series of claims are made under a Section of this Policy arising out of the one Event/Occurrence then only one Excess shall apply in respect of that Policy Section. In respect to Section 2, the Excess is inclusive of Defence and Other Costs as described.
Appears in 3 contracts
Samples: Project Alliance Agreement, Project Alliance Agreement, Design Alliance Agreement
Application of Excess. (a) The Insured shall be liable to pay the amount of the Excess in respect of each Event/Occurrence. If a series of claims are made under a Section of this Policy arising out of the one Event/Occurrence Event then only one Excess shall apply in respect of that Policy Section. In respect to Section 2, the Excess is inclusive of Defence and Other Costs as describedapply.
Appears in 2 contracts
Samples: Project Alliance Agreement, Project Alliance Agreement
Application of Excess. (a) 2.1 The Insured shall be liable to pay the amount of the Excess in respect of each Event/Occurrence. If a series of claims are made under a Section of this Policy arising out of the one Event/Occurrence then only one Excess shall apply in respect of that Policy Section. In respect to Section 2, the Excess is inclusive of Defence and Other Costs as describeddescribed in clause 2.
Appears in 1 contract
Samples: Project Alliance Agreement
