Common use of Contribution by limits Clause in Contracts

Contribution by limits. If any of such other insurance does not provide for contribution by equal shares, this Insurer shall not be liable for a greater proportion of such loss than the applicable limit of liability under this policy for such loss bears to the total applicable limit of liability of all valid and collectible insurance against such loss.

Appears in 5 contracts

Samples: Specific Project Wrap Up Liability Insurance, Specific Project Wrap Up Liability Insurance, Residential Insurance Policy

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Contribution by limits. If any of such other insurance does not provide for contribution by equal shares, this Insurer shall not be liable for a greater proportion of such loss than the applicable limit of liability under this policy contract for such loss bears to the total applicable limit of liability of all valid and collectible insurance against such loss.

Appears in 3 contracts

Samples: Tenants Insurance Agreement, Tenants Insurance Agreement, Tenants Insurance Agreement

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