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<br />SECTION 3 - AGGREGATE EXCESS LOSS INSURANCE <br /> <br />If at the end of a Policy Year, Losses exceed the Annual Aggregate Attacl1mern Point or the Minimum <br />" .Aggregate Attachment Point shown in the Schedule, We will pay Yon an amount equal to: <br /> <br />1. the amOunt by which Losses Paid during the Policy Yes exceed the applicable Annual Aggregate <br />AUa~1nnent Point or the M"m;mum Attachment Point, whichever is ereater. multiplied by. <br /> <br />2. the Benefit Percentage Payable and shown in the Schedule, subject to <br /> <br />3. the Maximum. Aggregate Benefit as shown in the Schedule. <br /> <br />Payment of Policy benefits is: <br /> <br />1. subject to all terms, conditions, limitations and" exclusions in this Policy, and <br /> <br />2. contingent upon Our receipt of satisfaetory proof of Loss (including, without limitation, an on-site <br />audit), and Your request for reimbnrsemen.t. <br /> <br />Losses Paid under this Section 3 during any Policy Year will be detennined according to the Policy <br />BasislBenefit Period, and will BQ! include any amount paid or payable by Us to You for the applicable <br />Policy Year for Specific Excess Loss Insurance according to the terms in Section 4 of this Policy. <br /> <br />If this Policv tenninJItfN prior to the E.JqJimtion Date as shown in the Schedule no ~_ Excess Loss <br />Benefits will be navab1e. <br /> <br />SL-2001 <br /> <br />8 <br /> <br />(6101) <br /> <br />\. <br />\. <br />