Common use of REDUCTION OR EXHAUSTION OF UNDERLYING LIMITS Clause in Contracts

REDUCTION OR EXHAUSTION OF UNDERLYING LIMITS. A. If the Underlying Limits are partially reduced solely due to actual payment under the Underlying Insurance, this Policy shall continue to apply as excess insurance over the remaining Underlying Limits.

REDUCTION OR EXHAUSTION OF UNDERLYING LIMITS. A. If In the event the Underlying Limits are partially reduced solely due to by reason of actual payment under by the insurers of the Underlying InsurancePolicies, then subject to the Limit of Liability this Policy shall continue to apply as excess insurance over the remaining reduced Underlying Limits.