LONDON CHARTERER'S LIABILITY WORDING ... - Fortunes de mer

Ce document a été fabriqué par PDFmail (Copyright RTE Multimedia)http://www.pdfmail.comChartered Vessel is at sea when cancellation becomes effective then coverage hereon shall remain inforce until completion of discharge of the Charterer's cargo at the next port of call.(b) CostsCosts incurred by the Assured shall be payable by Underwriters only if Underwriters hereon givewritten consent to the incurring of such costs in respect of any particular claim, suit or proceedingand if such costs in respect of any particular claim, suit or proceeding and if such costs are notcovered by underlying insurance, and then only in proportion between the amount (excluding costs)paid by the Assured (or by the underlying insurers), and the amount (excluding costs) paid by theUnderwriters hereon. (The word "costs" shall be understood to mean investigation, adjustment andlegal fees and expenses, excluding, however, all expenses for salaried employees and retained counseland all office expenses of the Assured)However, Underwriters hereon shall not be liable for any costs in addition to the limit of liability asstated herein; any such additional costs shall be borne by the Assured.(c) Assistance and Co-operationIn the event that any Accident appears reasonably likely to involve Underwriters, the Assured shallgive prompt written notice to the Underwriters hereon, shall forward every summons or process (orcopies thereof) served upon the Assured and shall thereafter keep Underwriters fully advised asUnderwriters may request. Underwriters shall not be called upon to undertake or assume charge ofinvestigation, defence or settlement of any claim, suit or proceeding against the Assured, butexpressly reserve hereby the right and shall be given the opportunity to associate with the Assured orthe Assured's underlying insurers, or both, in the defence and control of any claim, suit or proceedingwhich in the opinion of Underwriters is likely to involve this insurance in which event the Assuredand Underwriters shall co-operate in such defence to the mutual advantage of both. The Assuredshall not admit liability for or settle any claim without the written consent of Underwriters hereon.(d) SubrogationIn the event of a claim being paid under this insurance, Underwriters shall be subrogated to all rightsand remedies of the Assured.(e) Other InsuranceIn the event of an Accident giving rise to a claim which is, or but for the existence of this insurance,would be covered under any other contract of indemnity or insurance inuring to the benefit of theAssured, the insurance afforded by this Policy shall be in excess of the amount which would berecoverable under such other indemnity or insurance had this insurance not been effected, but onlyto the extend that the excess amount is covered by this insurance.(f) JurisdictionThis insurance shall be subject to the exclusive jurisdiction of the High Court of Justice in England.(g) Law and PracticeThis insurance shall be subject to English law and practice.(h) Trading