Appropriation Contingency. The payment of obligations of FCIC under this Agreement is contingent upon the availability of appropriations. Notwithstanding any other provision of this Agreement, FCIC's ability to sustain the Agreement depends upon the FCIC's appropriation. If FCIC's appropriation is insufficient to pay the obligations under this Agreement, and FCIC has no other source of funds for such payments, FCIC will reduce its payments to the Company on a pro rata basis or on such other method as determined by FCIC to be fair and equitable.
Appears in 3 contracts
Samples: Reinsurance Agreement, Reinsurance Agreement, Standard Reinsurance Agreement
Appropriation Contingency. The payment of obligations of FCIC under this Agreement is are contingent upon the availability of appropriations. Notwithstanding any other provision of this Agreement, FCIC's ’s ability to sustain the Agreement depends upon the FCIC's ’s appropriation. If FCIC's ’s appropriation is insufficient to pay the obligations under this Agreement, and FCIC has no other source of funds for such payments, FCIC will reduce its payments to the Company on a pro rata basis or on such other method as determined by FCIC to be fair and equitable.
Appears in 3 contracts
Samples: Livestock Price Reinsurance Agreement, Livestock Price Reinsurance Agreement, Livestock Price Reinsurance Agreement
Appropriation Contingency. The payment of obligations of FCIC under this Agreement is are contingent upon the availability of appropriations. Notwithstanding any other provision of this Agreement, FCIC's ability to sustain the Agreement depends upon the FCIC's appropriation. If FCIC's appropriation is insufficient to pay the obligations under this Agreement, and FCIC has no other source of funds for such payments, FCIC will reduce its payments to the Company on a pro rata basis or on such other method as determined by FCIC to be fair and equitable.
Appears in 1 contract
Samples: Reinsurance Agreement
Appropriation Contingency. The payment of obligations of FCIC under this Agreement is are contingent upon the availability of appropriations. Notwithstanding any other provision of this Agreement, FCIC's ability to sustain the Agreement depends upon the FCIC's appropriationAppropriation. If FCIC's appropriation Appropriation is insufficient to pay the obligations under this Agreement, and FCIC has no other source of funds for such payments, FCIC will reduce its payments to the Company on a pro rata basis or on such other method as determined by FCIC to be fair and equitableFCIC.
Appears in 1 contract
Samples: Standard Reinsurance Agreement (Symons International Group Inc)
