All payments or recoveries obtained after a settlement under this policy will be applied as if obtained prior to the settlement and all necessary adjustments will then be made between the insured and the Company.

**G. Examination and Audit**

The Company may examine and audit the insured's books and records as they relate to this policy at any time.

**H. Other Insurance**

If other policies of insurance additional to those described herein as Underlying Insurance have been issued to the Insured and provide coverage for Ultimate Net Loss in whole or in part, covered by this policy, this policy will apply in excess of and not contribute on a pro rata or other basis with such other insurance. This provision, however, will not apply with respect to the policies of insurance specifically purchased as being contractually in excess of this policy and in which this policy is scheduled in writing as an underlying policy thereto.

**I. Prior Insurance and Non-Cumulation of Liability**

If any Ultimate Net Loss covered hereunder is also covered in whole or in part under any other excess policy issued to the Insured prior to the inception date of this policy, the limits of liability under this policy will be reduced by any amount due the Insured under such prior insurance.

**J. Loss Payable**

The Insured shall make claim against the Company for any Ultimate Net Loss and Claim Expense if outside the limit of liability, payable under this policy within a period not exceeding ninety (90) days after (1) the Insured has paid Ultimate Net Loss in excess of the total limits of liability of all underlying insurance with respect to any occurrence or (2) the Insured's obligation to pay such amount has been finally determined either by judgment against the Insured after actual trial or by written agreement of the Insured, the claimant, and the Company.

**K. Premium Computation**

Premium due for this insurance is the amount shown in Item 3 of the Declarations and is payable on the effective date of this policy. Upon termination of this policy, the earned premium will be computed according to the rates applicable to this insurance.