Company: PTY
Filing Date: 2025-09-25
Form Type: 40-17G
Source: 0001193125-25-217116
Chunk: 67

Company: PIMCO CORPORATE & INCOME OPPORTUNITY FUND
Filing Date: 2025-09-25
Form: 40-17G
Chunk 67
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| E. | Underlying Insurance means all those policy(ies) designated in Item 3. of the Declarations of this 
 policy.                                                                                            |

| III. | GENERAL CONDITIONS AND LIMITATIONS |

| A. | Maintenance of Underlying Insurance |

The Single Loss Limit(s) of Liability of the Underlying Insurancescheduled in Item 3.of the Declarations of this policy shall be maintained during the Policy Periodin full effect with solvent insurers except for any reduction or exhaustion of the Aggregate Limit(s) of Liability available under the Underlying Insurancesolely by reason of actual payment of loss(es) thereunder. In the event of a change to any Underlying Insurance by rewrite, endorsement or otherwise, coverage under this policy shall become subject to such change only if and to the extent the Company’sconsent to such change is endorsed in writing to this policy. If such consent is not endorsed in writing on this policy, the Companyshall not be liable to a greater extent than it would have been in the absence of such change to the Underlying Insurance.

| B. | Reduction/Exhaustion of Underlying Limit(s) |

In the event and only in the event of the reduction or exhaustion of the Aggregate Limit(s) of Liability of the Underlying Insurance solely as the result of actual payment of loss covered thereunder, this policy shall (i)in the event of reduction, pay excess of the reduced Aggregate Limit(s) of Liability of the Underlying Insuranceand (ii)in the event of exhaustion, continue in force as primary insurance excess of the deductible applicable in the Primary Policy, which deductible shall be applied to any subsequent loss as specified in the Primary Policy. Notwithstanding any of the terms of this policy which might be constructed otherwise, this policy shall not drop down for any reason including, but not limited to, uncollectibility (in whole or in part) of any Underlying Insurance. The risk of uncollectibility of such Underlying Insurance(in whole or in part), whether because of financial impairment or insolvency of the underlying insurer or for any other reason, is expressly retained by the Insuredsand is not in any way or under any circumstances Insured or assumed by the Company. In the event the insurer of any Underlying Insurancefails to pay loss in connection with any claim covered thereunder as a result of the insolvency, bankruptcy or liquidation of said insurer, then the Insuredshall be deemed self-insured for the amount of the Limit(s) of Liability of said insurer which is not paid as a