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ADDITIONAL INSURANCES / PART VI / Clause 8
COASSUREDS
8.1 Payments
Unless otherwise agreed by the Managers, where insurance is afforded in the names of or on behalf of more persons than one (hereafter Coassureds) they shall be jointly and severally liable to pay all premiums and other sums due to the Association in respect of such insurance; and the receipt by any Coassured of any payment by the Association shall be deemed to be the receipt by all Coassureds jointly and shall fully discharge the obligations of the Association in respect of such payment.
8.2 Disclosure
Failure by any Coassured to disclose material information within the Coassured’s knowledge shall be deemed to have been failure of all Coassureds.
8.3 Conduct
Conduct of any Coassured which would have entitled the Association to decline to indemnify the Coassured shall be deemed the conduct of all the Coassureds.
8.4 Extent of cover
The Association shall not insure any Coassured against any liabilities, costs or expenses which arise other than out of the risks set out in the Certificate of Insurance.
8.5 Limits of cover
Where any insurance is in the names of or on behalf of Coassureds, any limits on the cover provided by the Association and set out in the Certificate of Insurance shall apply to the Coassureds in the aggregate as if the insurance had been in the name of the Assured alone.
8.6 Communications
Unless the Managers have otherwise agreed in writing, all communication from or on behalf of the Association to any Coassured shall be deemed to be within the knowledge of all the Coassureds and any communication from any Coassured to the Association or to the Managers shall be deemed to have been made with the full approval and authority of all the Coassureds.
PROVIDED ALWAYS THAT there shall be no recovery in respect of any liabilities, costs or expenses which arise as the result of a claim brought between Coassureds.