Common use of Order of Payments Clause in Contracts

Order of Payments. If the amount of any covered Loss which is otherwise due and owing by the Insurer under this Coverage Part exceeds the then-remaining Limit of Liability of this Policy, the Insurer shall pay such Loss under this Coverage Part (subject to such Limit of Liability) in the following priority:

Order of Payments. If A. In the amount event of Loss arising from any covered Loss Claim for which payment is otherwise due and owing by under the Insurer under provisions of this Coverage Part Section, but which Loss, in the aggregate, exceeds the then-remaining available Limit of Liability of applicable to this PolicyCoverage Section, then the Insurer shall pay such Loss under this Coverage Part (subject to such Limit of Liability) in the following priorityshall: