【正文】 ective as to whether the other insurance is arranged by the Insured or others on his behalf, or whether any indemnification is obtainable under such other insurance. 8. Subrogation Where a third party shall be held responsible for the loss or damage covered under this Policy, the Insured shall, whether being indemnified by the Company or not, take all necessary measures to enforce or reserve the right of recovery against such third party, and upon being indemnified by the Company, subrogate to the Company all the right of recovery, transfer all necessary documents to and assist the Company in pursuing recovery from the responsible party. 9. Dispute All disputes under this insurance arising between the Insured and the Company shall be settled through friendly negotiations. Where the two parties fail to reach an agreement after negotiations, such dispute shall be submitted to arbitration or to court for legal actions. Unless otherwise agreed, such arbitration or legal action shall be carried out in place where the defendant is domiciled. Ⅸ . SPECIAL PROVISIONS The following provisions shall be applied to all parts of this Policy and shall override the other terms and conditions of this Policy if any conflict arises. 。 Immediately give notice to the Company in writing whenever having knowledge of any impending prosecution in connection with any accident for which there may be liability under this Policy, and forward to the Company every letter writ, summons or process or other court documents on receipt thereof。 The Company shall have full discretion to conduct any proceedings or settle any claim, and the Insured shall give all such information and assistance as the Company may require. 5. The time of validity of a claim under this insurance shall not exceed a period of two years counting from the date of loss. Ⅶ . INSURED’ S OBLIGATIONS The following Obligations shall be strictly fulfilled by the Insured and his representative: 1. The Insured and his representative, when applying for insurance shall make true answers or descriptions to the questions in the Proposal and Questionnaire or to any other questions raised by the Company. 2. The Insured and his representative shall pay to the Company in due course the agreed premium in the manner as provided in the Schedule and Endorsement. 3. During the period of insurance, the Insured shall at his own expense take all reasonable precautions, including paying sufficient attention to and putting into practice the reasonable remendations of the Company, prudently selecting the workmen and employees and plying with all statutory regulations and safety operation procedures relative to the performance of the project insured. 4. In the event of any occurrence which gives or might give rise to a claim under this Policy, the Insured or his representative shall: Notify the Company immediately and within seven （ 7） days or any further period as may be agreed by the Company in writing, furnish a written report to indicate the course, probable reason and extent of loss or damage。 provide the Company with the actual final contract value within three （ 3） months after the expiry date of this insurance, and any difference between the premium paid in advance and that payable shall be paid to or refunded by the Company as the case may be. Otherwise, the Company shall take it that the Sums Insured are less than the amounts required to be insured and in case of loss or damage falling within the Coverage, the indemnification shall be made proportionately according to the Provision （ 6） of the General Conditions of this Policy. Ⅴ . PERIOD OF INSURANCE Damage and Third Party Liability Insurance during the Erection Period: The liability of the Company shall mence notwithstanding any date to the contrary specified in the Schedule, directly upon mencement of the project or after the unloading of the insured project materials or equipments at the site and shall expire immediately after a certificate of pletion has been issued for part or whole of the insured project or part or whole of the insured project has been tested after pletion or actually occupied or put into service or taken over by the Principal, whichever is the earlier. In no case shall the effective date be earlier or expiry date be later respectively than both dates specified in the Schedule. Notwithstanding anything to the contrary contained in the contract concerned, the Company shall only be liable for loss or damage, expenses and liability caused or incurred by testing or missioning arising during the testing or missioning period stated in the Schedule. In the case of using secondhand items or equipments, the insurance to such equipments shall, however, cease immediately on the mencement of the test. Any extensions of the period of insurance shall be subject to the Company39。 For construction plant and equipmentthe repla