Authorized Classes of Insurance Business and Types of Risks Sample Clauses

Authorized Classes of Insurance Business and Types of Risks. Subject to regulatory approval as an admitted carrier, the Administrator will be authorized by Company to underwrite on its behalf Policies containing the following lines of business: Homeowners HO 3 and HO 6 Dwelling Fire DP 3 4. Policy Forms and Provisions. Administrator is authorized to issue, amend and cancel policies in accordance with all filed and approved forms, the terms of this Agreement, the terms of the Policies, and any applicable state laws and regulations. 5.
Sample 1
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Authorized Classes of Insurance Business and Types of Risks. Subject to any additional authorization issued by the Company, the Administrator is authorized by the Company to underwrite on its behalf Policies containing the following lines of business: Homeowners Dwelling Fire
Sample 1
Authorized Classes of Insurance Business and Types of Risks. Subject to regulatory approval, the Administrator will be authorized by Company to underwrite on its behalf policies containing the following lines of business: Homeowners Multiple Peril Dwelling Fire Inland Marine Equipment Breakdown Business Owners SCHEDULE B LIST OF AUTHORIZED REPRESENTATIVES Schedule to be maintained on file with the Administrator and the Company.  Xxxxxxxx XxXxxx  Xxxxxx dos Xxxxxx  D. Xxxxxx Xxxxx SCHEDULE C ADMINISTRATOR COMPENSATION [REDACTED] SCHEDULE D JURISDICTIONS IN WHICH AUTHORIZED TO REPRESENT COMPANY Alabama Mississippi North Carolina South Carolina Virginia SCHEDULE E ACCOUNTING AND SYSTEMS GUIDELINES [REDACTED] SCHEDULE F REPORTING All Administrator compensation other than Profit Sharing will be reported to Company by the 5th business day of each month and any unsettled amounts paid from Program Bank Account to Administrator’s designated bank account. Administrator shall keep detailed accounting of the Company’s policy activities on all premiums, taxes, and any other funds due to the Company on all policies written under this Agreement. Administrator shall maintain complete and accurate accounting records in accordance with usual and customary accounting practices and/or as may be requested by the Company. On a monthly basis within five (5) business days after the end of the month, Administrator will provide, in compliance with Statutory Accounting Principles published by the NAIC in the Accounting Practices and Procedures Manual, a detailed and itemized statement of account of all premiums written, premiums earned, premiums collected, policy fees written, policy fees collected, inspection fees written, inspection fees collected, and taxes or regulatory surcharges.
Sample 1

Related to Authorized Classes of Insurance Business and Types of Risks

  • Amounts and Terms of Commitments Each Bank severally agrees, on the terms and conditions set forth herein, to make Loans to the Borrowers from time to time on any Business Day during the period from the Refinancing Date to the Commitment Termination Date equal to its Pro Rata Share of the aggregate amount of the Borrowing requested by a Borrower to be made on such day. The Commitment of each Bank and the outstanding principal amount of Loans made by each Bank hereunder shall not exceed at any time the aggregate amount set forth on Schedule II (such amount as the same may be reduced under Section 2.5 or as a result of one or more assignments as permitted herein pursuant to Section 3.7 and Section 9.7, the Bank's "Commitment"); provided, however, that, after giving effect to any Borrowing, the aggregate principal amount of all outstanding Loans shall not at any time exceed the Commitment Amount; and provided, further, that the aggregate principal amount of all Loans outstanding from time to time to a Borrower shall not exceed the Borrowing Base for the relevant Borrower. Within the limits of each Bank's Commitment, and subject to the other terms and conditions hereof, a Borrower may borrow under this Section 2.1, repay under the terms hereof and reborrow under this Section 2.1.

  • Performance and Compliance with Contracts and Credit and Collection Policy The Seller shall (and shall cause the Servicer to), at its expense, timely and fully perform and comply with all material provisions, covenants and other promises required to be observed by it under the Contracts related to the Receivables, and timely and fully comply in all material respects with the applicable Credit and Collection Policies with regard to each Receivable and the related Contract.

  • Amounts and Terms of the Advances and Letters of Credit SECTION 2.01. The Advances and Letters of Credit. (a)

  • Amount and Terms of Commitments 2.1 [Reserved].

  • Amount and Terms of the Commitments 30 Section 2.1. General Description of Facilities 30 Section 2.2. Revolving Loans 31 Section 2.3. Procedure for Revolving Borrowings 31 Section 2.4. Swingline Commitment 31 Section 2.5. Funding of Borrowings 33 Section 2.6. Interest Elections 33 Section 2.7. Optional Reduction and Termination of Commitments 34 Section 2.8. Repayment of Loans 35 Section 2.9. Evidence of Indebtedness 35 Section 2.10. Optional Prepayments 35 Section 2.11. Mandatory Prepayments 36 Section 2.12. Interest on Loans 36 Section 2.13. Fees 37 Section 2.14. Computation of Interest and Fees 38 Section 2.15. Inability to Determine Interest Rates 38 Section 2.16. Illegality 38 Section 2.17. Increased Costs 39 Section 2.18. Funding Indemnity 40 Section 2.19. Taxes 40 Section 2.20. Payments Generally; Pro Rata Treatment; Sharing of Set-offs 43 Section 2.21. Letters of Credit 45 Section 2.22. Increase of Commitments; Additional Lenders 49 Section 2.23. Mitigation of Obligations 52 Section 2.24. Replacement of Lenders 52 Section 2.25. Defaulting Lenders 53 Section 2.26. All Obligations to Constitute Joint and Several Obligations 54 ARTICLE III

  • Patent Term Extension and Supplementary Protection Certificate Upon receiving Marketing Approval for a POZEN Product, the Parties agree to coordinate the application for any patent term extension or supplementary protection certificates that may be available. The primary responsibility of applying for any extension or supplementary protection certificate will be the Party having the right to make the application under the Applicable Law. The Party responsible for filing the application will keep the other Party fully informed of its efforts to obtain such extension or supplementary protection certificate. Each Party will provide prompt and reasonable assistance, without additional compensation, to obtain such patent extension or supplementary protection certificate. The Party filing such request will pay all expenses in regard to obtaining the extension or supplementary protection certificate.

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