AUDITABLE POLICIES Clause Samples
AUDITABLE POLICIES. With regard to any policy set forth in the "Schedule of Financed Policies", which is an auditable or reporting form type, ▇▇▇▇▇▇▇▇ agrees to promptly pay to the insurance company, the managing general agent or the agent, as applicable, the difference between the actual earned premium generated for the policy and the premiums financed under this Agreement.
AUDITABLE POLICIES. Notwithstanding anything to the contrary in this Agreement, where premium for one or more policies that have been issued cannot be fully determined in advance and where an adjustment or determination, after a specific time period, is made by audit, retrospective rating, or by interim reports, such premium is fully earned and due by the date specified in the Billings, and the amount of such additional premium due shall be paid by Producer to HIH Risk Specialty by the date indicated. Producer will make all reasonable efforts to collect any amounts due. If Producer notifies HIH Risk Specialty in writing no later than the due date reflected in any Billings that Producer has made diligent efforts and is unable to collect such premium (the "Uncollectible Premium"), HIH Risk Specialty will relieve Producer of the responsibility for
AUDITABLE POLICIES. NOTWITHSTANDING ANYTHING TO THE CONTRARY HEREIN SET FORTH, in the situation where premium for a policy or policies which have been issued cannot be fully determined in advance and where an adjustment or determination, after a specific time period, by audit or otherwise shall have been made, then the amount of such additional premium due shall be paid by the PRODUCER to BIB and paid by the due date indicated on the billing invoice. BIB shall extend to PRODUCER the same turn back privileges, if any, as are granted BIB by the insuring company.
AUDITABLE POLICIES. Notwithstanding anything to the contrary herein set forth, in the situation where premium for a policy of policies which have been issued cannot be fully determined in advance and where an adjustment or determination, after a specific time period, by audit or otherwise shall have been made, then the amount of such additional premium due shall be paid by Agency to Broker and paid by the due date indicated on the billing invoice. Broker shall extend to Agency the same turn back privileges, if any, as are granted Broker by the insuring company.
AUDITABLE POLICIES. NOTWITHSTANDING ANYTHING TO THE CONTRARY HEREIN SET FORTH, in the situation where premium for a policy or policies which have been issued cannot be fully determined in advance and where an adjustment or determination, after a specific time period, by audit or otherwise shall have been made, then the amount of such additional premium due shall be paid by the PRODUCER to ACES and paid by the due date indicated on the billing invoice. ACES shall extend to PRODUCER the same turnback privileges, if any, as are granted ACES by the insuring company.
AUDITABLE POLICIES. NOTHWITHSTANDING ANYHTING TO THE CONTRARY HEREIN SET FORTH, in the situation where premium for a policy or policies which have been issued cannot be fully determined in advance and where an adjustment or determination, after a specific time period, by audit or otherwise shall have been made, then the amount of such additional premium due shall be paid by the PRODUCER to RISE and paid by the due date indicated on the billing invoice. CETRE shall extend to PRODUCER the same turn back privileges, if any, as granted RISE by the insuring company.
AUDITABLE POLICIES. NOTWITHSTANDING ANYTHING TO THECONTRARY SET FORTH IN THIS AGREEMENT, in any situation where premium for a policy or policies which have been issued cannot be fully determined in advance and where an adjustment or determination, after a specific time period, by audit or otherwise shall have been made, then the amount of such additional premium due shall be timely paid by the PRODUCER to HPSI on or before the due date indicated on the billing invoice or as otherwise agreed. HPSI shall extend to the PRODUCER the same turn back privileges, if any, as are granted HPSI by the insuring company.
AUDITABLE POLICIES. Notwithstanding anything to the contrary in this Agreement, where premium for one or more policies that have been issued cannot be fully determined