Common use of Method of Sharing Clause in Contracts

Method of Sharing. (1) Should other insurance coverage state they are excess, each policy shall contribute equal amounts until it has paid its applicable limit of insurance or none of the loss remains, which ever comes first.

Method of Sharing. (1) Should other insurance coverage coverages state they are excessexcess in conjunction with this policy, each policy shall contribute equal amounts until it has paid its applicable limit of insurance or none of the loss remains, which ever whichever comes first.