Underlying Limits means, with respect to each Insurance Product, an amount equal to the aggregate of all limits of liability for each Insurance Product stated in Endorsement No. 1 to this Policy, plus the uninsured retention or deductible, if any, applicable to the Primary Policy under such Insurance Product.
Underlying Limits means: the greater of:
Underlying Limits means an amount equal to the total of all aggregate limits of liability for all Underlying Policies, plus the uninsured retention or deductible applicable to the primary policy named in Item 5. of the Declarations.
Examples of Underlying Limits in a sentence
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.
More Definitions of Underlying Limits
Underlying Limits means the aggregate sum of all limits of liability of all
Underlying Limits means an amount equal to the aggregate of all the limits of the Underlying Insurance combined (excess of their retentions).
Underlying Limits means the sum of amounts:
Underlying Limits means an amount equal to the aggregate of all limits of liability as set forth in Schedule A for all Underlying Policies, plus the uninsured retention, if any, applicable under the Followed Policy.
Underlying Limits means, subject to the minimum requirements set forth in the Insuring Agreement VI (“Maintenance of Underlying Insurance”), the sum of the applicable limits of liability of all underlying insurance available to the insured (including any deductible amount or other participation by the insured), provided that such underlying insurance shall be deemed applicable and available to the insured irrespective of
Underlying Limits means an amount equal to the total of all of the aggregate Limits of Liability, as set forth in Item 4 of the Declarations, for all Underlying Insurance.