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1. Premium The premium bases and rates for the hazards <br />eescri'6ed in the declarations -are stated therein. <br />Premium bases and rates for hazards not so described <br />are those applicable in accordance with the manuals <br />in use by the company. <br />The term "contract cost" means the total cost of all <br />work described in Item 6 of the declarations. <br />The term "rental cost" means the -total cost to the <br />contractor for rental of work trains or other railroad <br />equipment, including the remuneration of all employees <br />of the insured while operating, attached to or engaged <br />thereon. <br />The advance premium stated in the declarations is an <br />estimated premium only. Upon termination of this policy <br />the earned premium shall be computed in accordance with <br />the company's rules, rates, rating plans, premiums and <br />minimum premiums applicable to this insurance. If the <br />earned premium thus computed exceeds the estimated <br />advance premium paid, the company shall look to the con- <br />tractor specified in the declarations for any such excess; <br />if`less, the company shall return to the said contractor <br />the unearned portion paid. <br />In no event shall payment of premium be an obligation <br />of the named insured. <br />2. Ins ection The named insured shall make available <br />o the company records of information relating to <br />the subject matter of this insurance. <br />The company shall be permitted to inspect all opera- <br />tions in connection with the work described in Item 6 <br />of the declarations. <br />3. Limits of Liability The limit of bodily injury liabil- <br />CCoverage . "ity`-stated in the declarations <br />as applicable to "each person" is the limit of the com- <br />pany's liability for all damages, including damages for <br />care and loss of services, arising out of bodily injury <br />sustained by one person as the result of any one occur- <br />rence; the limit of such liability stated in the decla- <br />rations as applicable to "each occurrence" is, subject <br />to the above provision respecting each person, the total <br />limit of the company's liability -for all such damage <br />arising out of bodily injury sustained by two or more <br />persons as the result of any one occurrence. <br />M <br />