SOUTHERN PACIFIC - FT 079229 - Laserfiche WebLink

,. 4. Limits of Liability The limit of liability under overages B and a coverages B and C stated in the declarations as applicable to "each occurrence" is the total limit of the company's liability for all damages and all loss under coverages B and C combined arising out of physical injury to, destruction or loss of all property of one or more persons or organizations, in- cluding the loss of use of any property due to such in- jury or destruction under coverage B, as the result of any one occurrence Subject to the above provision respecting "each occur- rence," the limit of liability under coverages B and C stated in the declaration as 'aggregate" is the total limit of the company's liability for all damages and all loss under coverages B and C combined arising out of physical injury to, destruction or loss of property, in- cluding the loss of use of any property due to such injury or destruction under Coverage B. Under Coverage C. the limit of the company's liability for loss shall not exceed the actual cash value of the property, or if the loss is of a part thereof the actual cash value of such part, at time of loss, nor what it would then cost to repair or replace the property or such part thereof with other of like kind and quality. 5. Severability of Interests The term "the insured" is overages A and B used severally and not collectively, but the inclusion herein of more than one insured shall not operate to increase the limits of the company's liability. 6. Notice In the event of an occurrence or loss, written notice containing particulars sufficient to identify the insured and also reasonably obtainable information with respect to the time, place and circumstances thereof, and the names and addresses of the injured and of available witnesses, shall be given by or for the insured to the company or any of its authorized agents as soon as prac- ticable. If claim is made or suit is brought against the insured, he shall immediately forward to the company every demand, notice, summons or other process received by him or his representative. 7. Assistance and Cooperation of the Insured The insured Coverages A and B — shall co- operate with the company and, upon the company's request, attend hearings and trials and assist in making settlements, securing and giving evidence, obtaining the attendance of witnesses and in the conduct of suits. The insured shall not, except at his own cost, voluntarily make any payment, assume any obligation or incur any expense other than for 10.